Horizons ETFs announces unit split due bill trading procedures

TORONTO, June 12, 2014 /CNW/ - Horizons ETFs Management (Canada) Inc. ("Horizons ETFs"), the manager and trustee of Horizons BetaPro NASDAQ-100® Bull Plus ETF (the "ETF"), today announced that in accordance with the applicable rules of the Toronto Stock Exchange (the "TSX"), the "due bill" trading procedures of the TSX will apply to the ETF's previously announced two-for-one (2:1) split of its units.  The record date of the split will be Friday, June 20, 2014. Unitholders of the ETF on the record date will be entitled to receive one additional unit for every unit of the ETF they own on that date. The units of the ETF trade on the TSX under the symbol HQU.

A "due bill" is an entitlement attached to listed securities undergoing a corporate action, such as the one described above. The units of the ETF will trade on a "due bill" basis from two trading days prior to the record date - June 18, 2014, to the payment date - June 23, 2014, inclusive (the "due bill period"). Any trades that are executed on the TSX during the due bill period will be identified to ensure purchasers of the units of the ETF receive the entitlement to the unit split.

The units of the ETF will commence trading on an "ex-dividend" basis on June 24, 2014, as of which date purchases of the ETF's units will no longer have an attached entitlement to the unit split. Please note that the previous press release announcing the unit split dated June 6, 2014 made reference to an effective date of June 23, 2014. The effective date is hereby amended to June 24, 2014. The due bill redemption date will be June 26, 2014.

Unitholders of the ETF do not need to take any action. Unitholders will have their brokerage accounts automatically updated to reflect the unit split.

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.

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