Amendment to December 2016 Annual Non-Cash Reinvested Distribution for Horizons Global Currency Opportunities ETF

TORONTO, Feb. 24, 2017 /CNW/ - Horizons ETFs Management (Canada) Inc. and its affiliate AlphaPro Management Inc. (collectively "Horizons ETFs") are announcing the following amendment to the year-end annual non-cash reinvested distribution amount per unit (the "Non-Cash Distribution") disclosed for the Horizons Global Currency Opportunities ETF (the "ETF") in the press release dated December 30, 2016.

The Non-Cash Distribution rate is amended as follows:

ETF Name

Ticker
Symbol

Amended
Non-Cash 
Reinvested 
Distribution Rate

Original

Non-Cash
Reinvested 
Distribution Rate 

Horizons Global Currency Opportunities ETF

HGC

$0.13576

$0.16939

 

The ex-dividend date for the Non-Cash Distribution was December 28, 2016, for all unitholders of record on December 30, 2016. The Non-Cash Distribution is reinvested and reported as taxable distributions and used to increase each unitholder's adjusted cost base of their units of the ETF. The number of units held by the unitholder does not change as a result of the Non-Cash Distribution.     

SOURCE Horizons ETFs Management (Canada) Inc.

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

RELATED LINKS
www.horizonsetfs.com

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