TORONTO, May 31, 2013 /CNW/ - Horizons ETFs Management (Canada) Inc. ("Horizons ETFs"), by way of a press release dated March 1, 2013, previously announced that certain exchange traded funds ("ETFs") would be terminated effective upon the close of business today, May 31, 2013. The ETFs being terminated (collectively, the "Terminated ETFs"), with their respective final net asset values ("Final NAV") per unit, are as follows:
|ETF||Ticker|| Final NAV
|Horizons BetaPro US Dollar Bull Plus ETF||HDU||$17.360463|
|Horizons BetaPro US Dollar Bear Plus ETF||HDD||$16.163326|
The proceeds of termination will be paid to the holders of the remaining outstanding units of the Terminated ETFs 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 72 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.