TORONTO, June 28, 2013 /CNW/ - Horizons ETFs Management (Canada) Inc. ("Horizons ETFs") and its affiliate AlphaPro Management Inc. (the "Manager") previously announced, by way of a press release dated April 26, 2013, that the Horizons Active North American Growth ETF (the "ETF") would be terminated effective upon the close of business today, June 28, 2013. The ETF's final net asset value ("Final NAV") per unit is as follows:
|ETF||Ticker|| Final NAV
|Horizons Active North American Value ETF - Class E||HAW||$13.802028|
No units of the ETF's Advisor Class were outstanding as at today's termination date. The proceeds of termination will be paid to the holders of the remaining outstanding units of the ETF on a pro rata basis.
About Horizons ETFs Management (Canada) Inc. (www.HorizonsETFs.com)
Horizons ETFs Management (Canada) Inc. and its affiliate AlphaPro Management Inc. are innovative financial services companies offering the Horizons ETFs family of exchange-traded funds. 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 approximately $4.1 billion in assets under management and 71 ETFs listed on the Toronto Stock Exchange, the Horizons ETFs family makes up one of the largest families of ETFs in Canada. Horizons ETFs Management (Canada) Inc. and AlphaPro Management Inc. are members 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.