TORONTO, Dec. 13, 2012 /CNW/ - Horizons Exchange Traded Funds Inc. ("Horizons ETFs") and its affiliate Horizons ETFs Management (Canada) Inc. are pleased to announce that effective on or about Friday, December 21, 2012, the names of certain exchange traded funds listed below (the "ETFs") will change as follows:
|Current Name||New Name|
|Horizons Winter-Term NYMEX® Crude Oil ETF||Horizons NYMEX® Crude Oil ETF|
|Horizons Winter-Term NYMEX® Natural Gas ETF||Horizons NYMEX® Natural Gas ETF|
Class A units of the ETFs trade on the Toronto Stock Exchange (the "TSX") under the following ticker symbols, which remain unchanged:
|New Name||Class A Units|
|Horizons NYMEX® Crude Oil ETF||HUC|
|Horizons NYMEX® Natural Gas ETF||HUN|
The investment objectives and strategies of the ETFs 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 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 approximately $3.5 billion in assets under management and 79 ETFs listed on the TSX, the Horizons ETFs family makes up one of the largest families of ETFs 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 1-866-641-5739.