Horizons ETFs Announces Final Valuations for Terminated ETFs

TORONTO, June 12, 2015 /CNW/ - Horizons ETFs Management (Canada) Inc. ("Horizons ETFs") previously announced, by way of a press release dated March 30, 2015, that certain exchange traded funds (the "Terminated ETFs") would be terminated effective upon the close of business today, June 12, 2015.  The Terminated ETFs, with their respective final net asset values ("Final NAV") per unit, are as follows:

Unitholders will receive the proceeds from the liquidation of the assets, less all liabilities and all expenses incurred in connection with the dissolution of the Terminated ETFs. These proceeds will be paid to the holders of the remaining outstanding units of the Terminated ETFs on a pro rata basis, at the rates shown above, without further action by those unitholders. There are no distributions of income or capital gains required to be paid to unitholders included in the proceeds of termination of any of the Terminated ETFs.

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 $5.1 billion of assets under management and with 70 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.