Horizons ETFs Announces Final Valuations for HVU and HVI

TORONTO – June 12, 2018 – Horizons ETFs Management (Canada) Inc. (“Horizons ETFs”) previously announced, by way of a press release dated April 10, 2018, that the BetaPro S&P 500 VIX Short-Term Futures™ 2X Daily Bull ETF and BetaPro S&P 500 VIX Short-Term Futures™ Daily Inverse ETF (the “Terminated ETFs”) would be terminated effective upon the close of business on June 11, 2018. The Terminated ETFs’ final net asset values (“Final NAVs”) per unit are as follows:

Final NAVs per Unit

BetaPro S&P 500 VIX Short-Term Futures™ 2X Daily Bull ETF (HVU): $13.2220
BetaPro S&P 500 VIX Short-Term Futures™ Daily Inverse ETF (HVI): $2.4187

Unitholders will receive the proceeds from the liquidation of the assets, less all liabilities of the Terminated ETFs. These net proceeds will be paid to the holders of the remaining outstanding units of the Terminated ETFs on a pro rata basis, at the rates shown above, without further action by those unitholders. There are no distributions of income or capital gains required to be paid to unitholders included in the proceeds of termination of the Terminated ETFs.

About Horizons ETFs Management (Canada) Inc.
Horizons ETFs Management (Canada) Inc. is an innovative financial services company and offers one of the largest suites of exchange traded funds in Canada. The Horizons ETFs product suite includes a broadly diversified range of solutions for investors of all experience levels to meet their investment objectives in a variety of market conditions. Horizons ETFs currently has over $10 billion of assets under management and 79 ETFs listed on major Canadian stock exchanges. Horizons ETFs Management (Canada) Inc. is a member of the Mirae Asset Global Investments Group.

For further information:
Martin Fabregas, Investor Relations
Horizons ETFs Management (Canada) Inc.
(416) 601-2508 or 1-866-641-5739