TORONTO, Sept. 20, 2012 /CNW/ - Horizons Exchange Traded Funds Inc. ("Horizons ETFs") and its affiliate AlphaPro Management Inc. are pleased to announce that effective on or about September 28, 2012, the names of the Horizons Income Plus ETF and the Horizons Tactical Bond ETF (the "ETFs") will change as follows:
|Current Name||New Name|
|Horizons Income Plus ETF||Horizons Active Income Plus ETF|
|Horizons Tactical Bond ETF||Horizons Active Advantage Yield ETF|
Class E units and Advisor Class units of the Horizons Income Plus ETF trade on the Toronto Stock Exchange (the "TSX") under the ticker symbols HAP and HAP.A, respectively. Class E units and Advisor Class units of the Horizons Tactical Bond ETF trade on the TSX under the ticker symbols HAF and HAF.A, respectively. The TSX ticker symbols of the ETFs will remain unchanged.
The investment objectives and strategies of the ETFs will remain unchanged.
About Horizons Exchange Traded Funds Inc. (www.horizonsetfs.com)
Horizons ETFs is an innovative financial services company 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 $3.4 billion in assets under management and 82 exchange traded funds listed on the TSX, the Horizons ETFs family makes up one of the largest families of exchange traded funds in Canada. Horizons ETFs is a subsidiary of Horizons ETFs Management (Canada) Inc. and a member of the Mirae Asset Financial Group.
SOURCE: Horizons Exchange Traded Funds Inc.
For further information:
Martin Fabregas, Investor Relations, (416) 601-2508 or (866) 641-5739