TORONTO, Nov. 10, 2011 /CNW/ - Horizons Exchange Traded Funds Inc. ("Horizons ETFs") and its affiliate Horizons ETFs Management (Canada) Inc., the manager
and trustee of the Horizons BetaPro NYMEX® Natural Gas Bull Plus ETF
(the "ETF"), has announced today that it intends to consolidate the units of the
ETF, as indicated below:
After the Toronto Stock Exchange (the "TSX") has closed for trading on Tuesday, November 22, 2011, the units of
the ETF will be consolidated on the basis of the ratio (the "Consolidation Ratio") set out below, and will begin trading on a consolidated basis on
Wednesday, November 23, 2011, the effective date of the consolidation:
Horizons BetaPro NYMEX® Natural Gas Bull Plus ETF
For further information visit www.HorizonsETFs.com.
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 75 ETFs listed on the TSX, 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 Jovian Capital Corporation (TSX: JOV) group of companies.
SOURCE Horizons Exchange Traded Funds Inc.
For further information:
Martin Fabregas, Investor Relations, (416) 601-2508 or 1-866-641-5739