Horizons ETFs Announces February 2012 Distributions

TORONTO, Feb. 17, 2012 /CNW/ - Horizons Exchange Traded Funds Inc. ("Horizons ETFs") and its affiliate AlphaPro Management Inc. 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 February 29, 2012, as indicated in the table below.

The ex-dividend date for the Distributions is anticipated to be February 27, 2012, for all unitholders of record on February 29, 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 March 12, 2012.

CLASS E UNITS

ETF Name Ticker
 Symbol 
 Distribution 
per Unit
 Annualized 
Yield *
 Frequency 
Horizons Corporate Bond ETF HAB $0.03397 4.08% Monthly
Horizons Tactical Bond ETF HAF $0.03750 5.71% Monthly
Horizons Dividend ETF HAL $0.02419 2.63% Monthly
Horizons Global Dividend ETF HAZ $0.03000 3.13% Monthly
Horizons Floating Rate Bond ETF HFR $0.02123 2.67% Monthly
Horizons Preferred Share ETF HPR $0.03764 4.64% Monthly
Horizons Australian Dollar Currency ETF   ASD $0.02870 3.38% Monthly

ADVISOR CLASS UNITS

ETF Name Ticker
 Symbol 
 Distribution 
per Unit
 Annualized 
Yield *
 Frequency 
Horizons Corporate Bond ETF HAB.A $0.02875 3.45% Monthly
Horizons Tactical Bond ETF HAF.A $0.03377 5.14% Monthly
Horizons Dividend ETF HAL.A $0.01568 1.71% Monthly
Horizons Global Dividend ETF HAZ.A $0.02095 2.19% Monthly
Horizons Floating Rate Bond ETF   HFR.A $0.01655 2.08% Monthly
Horizons Preferred Share ETF HPR.A $0.03284 4.05% Monthly

* Based on the applicable February 16, 2012 net asset value per unit

The Distributions will vary from period to period.

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 77 ETFs listed on the Toronto Stock Exchange, the Horizons ETFs family makes up the largest selection 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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