Horizons Announces July 2012 Distributions for Certain Active ETFs

TORONTO, July 20, 2012 /CNW/ - Horizons Exchange Traded Funds Inc. ("Horizons ETFs") and its affiliates are pleased to announce the distribution amounts per unit (the "Distributions") for certain of the Horizons ETFs family of exchange traded funds (the "ETFs"), for the period ending July 31, 2012, as indicated in the table below.

The ex-dividend date for the Distributions is anticipated to be July 27, 2012, for all unitholders of record on July 31, 2012.  The Distributions will be paid in cash or, if the unitholder has enrolled in the respective ETF's dividend reinvestment plan (DRIP), reinvested in additional units of the applicable ETF, on or about August 13, 2012.

Horizons ETFs will make an additional announcement of the July distributions for its family of covered call exchange traded funds on or about July 23, 2012.

CLASS E UNITS

ETF Name Ticker
Symbol
Distribution
per Unit
Annualized
Yield *
Frequency
Horizons Corporate Bond ETF HAB $0.03291 3.63% Monthly
Horizons Tactical Bond ETF HAF $0.03750 5.29% Monthly
Horizons Dividend ETF HAL $0.02556 2.69% Monthly
Horizons Global Dividend ETF HAZ $0.03000 2.90% Monthly
Horizons Preferred Share ETF HPR $0.03680 4.23% Monthly
Horizons Floating Rate Bond ETF HFR $0.02163 2.53% Monthly
Horizons U.S. Floating Rate Bond ETF (1) HUF.U $0.02050 2.40% Monthly
Horizons High Yield Bond ETF HYI $0.06150 7.03% Monthly
Horizons Australian Dollar Currency ETF ASD $0.02339 2.62% Monthly

ADVISOR CLASS UNITS

ETF Name Ticker
Symbol
Distribution
per Unit
Annualized
Yield *
Frequency
Horizons Corporate Bond ETF HAB.A $0.02782 3.06% Monthly
Horizons Tactical Bond ETF HAF.A $0.03369 4.76% Monthly
Horizons Dividend ETF HAL.A $0.01844 1.94% Monthly
Horizons Global Dividend ETF HAZ.A $0.02225 2.15% Monthly
Horizons Preferred Share ETF HPR.A $0.03249 3.73% Monthly
Horizons Floating Rate Bond ETF HFR.A $0.01700 1.99% Monthly
Horizons U.S. Floating Rate Bond ETF (1) HUF.V $0.01568 1.84% Monthly
Horizons High Yield Bond ETF HYI.A $0.05655 6.46% Monthly

* Based on the applicable July 19, 2012 net asset value per unit which is available at www.horizonsetfs.com

The Distributions will vary from period to period.

(1) Distributions for Horizons U.S. Floating Rate Bond ETF are declared and paid in U.S. dollars.

About Horizons Exchange Traded Funds Inc. (www.horizonsetfs.com)

Horizons ETFs is an innovative financial services company offering the Horizons ETFs family of ETFs. 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 more than $3.3 billion in assets under management and 81 ETFs listed on the Toronto Stock Exchange, the Horizons ETFs family makes up one of the largest families of ETFs in Canada. Horizons ETFs is a subsidiary of Horizons ETFs Management (Canada) Inc. and a member 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


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