Horizons ETFs Announces February 2012 Distributions

TORONTO, Feb. 21, 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 Enhanced Income Equity ETF HEX $0.08195 13.02% Monthly
Horizons Enhanced Income Energy ETF HEE $0.08173 13.21% Monthly
Horizons Enhanced Income Gold Producers ETF HEP $0.10052 16.48% Monthly
Horizons Enhanced Income Financials ETF HEF $0.07319 10.83% Monthly
Horizons Enhanced Income International Equity ETF HEJ $0.11566 14.11% Monthly
Horizons Enhanced Income US Equity (USD) ETF (1) HEA.U $0.11186 13.18% Monthly

ADVISOR CLASS UNITS

ETF Name Ticker
Symbol
Distribution
per Unit
Annualized
Yield * 
Frequency
Horizons Enhanced Income Equity ETF HEX.A $0.07726 12.23% Monthly
Horizons Enhanced Income Energy ETF HEE.A $0.07733 12.43% Monthly
Horizons Enhanced Income Gold Producers ETF HEP.A $0.09523 15.69% Monthly
Horizons Enhanced Income Financials ETF HEF.A $0.06812 10.04% Monthly
Horizons Enhanced Income International Equity ETF HEJ.A $0.10947 13.36% Monthly
Horizons Enhanced Income US Equity (USD) ETF (1) HEA.V $0.10516 12.39% Monthly

* Based on the applicable February 17, 2012 net asset value per unit

The Distributions will vary from period to period.

(1) Distributions for Horizons Enhanced Income US Equity (USD) 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 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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