Horizons ETFs announces unit consolidation

TORONTO, Feb. 4, 2014 /CNW/ - Horizons ETFs Management (Canada) Inc. ("Horizons ETFs"), the manager and trustee of the Horizons BetaPro NYMEX® Natural Gas Bear Plus ETF (the "ETF"), has announced today that it intends to consolidate the units of the ETF as indicated in the table below.

Unit Consolidation

After the close of trading on Thursday, February 13, 2014 on the Toronto Stock Exchange (the "TSX"), the units of the ETF will be consolidated on the basis of the ratio (the "Consolidation Ratio") set out below, and will begin trading on a post consolidated basis on Friday, February 14, 2014, the effective date of the consolidation:

ETF	Ticker	Consolidation Ratio
Horizons BetaPro NYMEX® Natural Gas Bear Plus ETF	HND	1 : 2

For further information, visit www.HorizonsETFs.com

Commissions, trailing commissions, management fees and expenses all may be associated with an investment in the ETFs. The ETFs are not guaranteed, their values change frequently and past performance may not be repeated. Please read the prospectus before investing.

About Horizons ETFs Management (Canada) 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 $4.1 billion in assets under management and 70 ETFs listed on the TSX, the Horizons ETFs family makes up one of the largest families of ETFs in Canada. Horizons ETFs is a member of the Mirae Asset Financial Group.

SOURCE Horizons ETFs Management (Canada) Inc.

Copyright 2014 Canada NewsWire