Amendments announced to December 2013 reinvested annual capital gains distributions for Horizons Active Diversified Income ETF

TORONTO, Jan. 17, 2014 /CNW/ - Horizons ETFs Management (Canada) Inc. and its affiliate AlphaPro Management Inc. (collectively "Horizons ETFs") are announcing the following amendments to the year-end non-cash reinvested annual capital gains distribution amounts per unit (the "Capital Gains Distributions") disclosed for certain of the Horizons ETFs family of exchange traded funds in the press release dated December 18, 2013.

The Capital Gains Distribution rates for the Class E and Advisor Class units of Horizons Active Diversified Income ETF are amended as follows:

ETF Name

Class of Units

Ticker Symbol

Amended Reinvested
Annual Capital Gains

Original
Reinvested
Annual Capital
Gains

Horizons Active Diversified Income ETF

Class E

HAA

$0.86525

$0.84024

Advisor Class

HAA.A

$0.86538

$0.84033

The ex-dividend date for the Distributions was December 27, 2013, for all unitholders of record on December 31, 2013. The Capital Gains Distributions will not be paid in cash but will be reinvested and reported as taxable distributions and will be used to increase each unitholder's adjusted cost base of their units of the respective class of the ETF. The number of units held by the unitholder will not change as a result of the Capital Gains Distributions.     

About Horizons ETFs Management (Canada) Inc. (www.HorizonsETFs.com)

Horizons ETFs Management (Canada) Inc. and its affiliate AlphaPro Management Inc. are innovative financial services companies offering the Horizons ETFs family of exchange-traded funds. The Horizons ETFs family includes a broadly diversified range of investment tools with solutions for investors of all experience levels to meet their investment objectives in a variety of market conditions. With approximately $4.2 billion in assets under management and 73 ETFs listed on the Toronto Stock Exchange, the Horizons ETFs family makes up one of the largest families of ETFs in Canada. Horizons ETFs Management (Canada) Inc. and AlphaPro Management Inc. are members of the Mirae Asset Financial Group.

SOURCE Horizons ETFs Management (Canada) Inc.

For further information: Martin Fabregas, Investor Relations, (416) 601-2508 or 1-866-641-5739