TORONTO, Jan. 29, 2015 /CNW/ - Horizons ETFs Management (Canada) Inc. and its affiliate AlphaPro Management Inc. (collectively "Horizons ETFs") are announcing today that the name of the Horizons Active Yield Matched Duration ETF will be changed to the Horizons Active Global Fixed Income ETF (the "ETF" or "HAF") effective Monday, February 2, 2015. Class E units and Advisor Class units of the ETF will continue to trade on the Toronto Stock Exchange under the symbols HAF and HAF.A, respectively.
The investment objectives of HAF, which are to seek to provide unitholders with: (i) a stable stream of monthly distributions; and (ii) the opportunity for capital appreciation through a tactical asset allocation strategy that includes managing the duration and yield of its exposure to fixed income and fixed income-like securities according to the prevailing interest rate environment, remain unchanged.
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. Horizons ETFs has more than $4.6 billion of assets under management and with 73 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: Mark Noble, Vice President, Communications and Public Relations, Horizons ETFs Management (Canada) Inc., P: 416-640-8254, E: [email protected]