Horizons DAX Germany ETF Slashes Fees by Over 50 Percent

Horizons DAX Germany ETF Slashes Fees by Over 50 Percent

Fee reduction makes DAX the most affordable way to invest in the German economy

Horizons ETFs Management (US) LLC ("Horizons US"), announced a reduced expense ratio for the Horizons DAX Germany ETF (Nasdaq: DAX) (“the fund”), from .45 percent to .20 percent. This 25 basis point reduction represents a 55 percent decrease, effective August 1, 2017.

The fund, launched in October 2014, is the only U.S.-listed ETF to track the DAX® Index, which contains shares of the 30 largest and most liquid companies on the German equities market. As of June 30, 2017, the fund has returned 15.07 percent year-to-date.

Performance data quoted represents past performance. Past performance is not a guarantee of future results; current performance may be higher or lower than performance quoted. Investment returns and principal value will fluctuate and Shares, when redeemed, may be worth more or less than their original cost. See http://us.horizonsetfs.com/ETF/DAX to find the most recent month‐end performance numbers.

“Through the DAX ETF, investors across the board have access to what we believe to be the most promising economy in the Eurozone: Germany,” said Garrett Paolella, Managing Director at Horizons (US). “With low geopolitical risk and a strong, export-driven economy, Germany appears to represent the premier opportunity for those seeking international exposure, with DAX serving as a transparent, and now cost-effective, way to access that growth potential.”

This news comes on the heels of Horizons’ Nasdaq 100 Covered Call ETF (Nasdaq: QYLD) crossing $100 million in assets earlier this summer.

In addition to DAX and QYLD, Horizons offers a suite of ETFs including the BullMarkLatAm Select Leaders ETF (BMLA), Horizons S&P 500® Covered Call ETF (HSPX), and Horizons USA Managed Risk ETF (USMR).

Horizons US is a member of the Horizons Exchange Traded Funds Group, one of the largest collective families of ETFs in the world, with approximately $14.6 billion in assets under management.

About the Horizons ETFs Group ( www.US.HorizonsETFs.com )

Horizons ETFs Management (US) LLC is a member of the Horizons ETFs Group. The Horizons ETFs Group consists of innovative financial services companies offering regional families of ETFs in Canada, Korea, Hong Kong, Australia, the United States and Colombia. Currently, all of the ETFs offered by these companies use the Horizons ETFs’ brand with the exception of the “BetaShares” family of ETFs in Australia and the “Mirae Asset Tiger ETFs” family in Korea. With approximately US $14.6 billion in assets under management and 227 ETF listings worldwide (as of May 31, 2017), the Horizons ETFs Group makes up one of the largest collective families of ETFs in the world. All of the Horizons ETFs Group companies and affiliates are subsidiaries of Mirae Asset Global Investments Co., Ltd.

Important Disclosures: Authorized for distribution only when preceded or accompanied by a prospectus .

You should consider the Fund’s investment objectives, risks, and charges and expenses carefully before investing. Contact Horizons ETFs at 1-855-496-3837 or visit www.US.HorizonsETFs.com to obtain a prospectus which contains this and other information about the Fund. The prospectus should be read carefully before investing. Shares are bought and sold at market price (not NAV), are not individually redeemable, and owners of the Shares may acquire those Shares from the Funds and tender those shares for redemption to the Funds in Creation Unit aggregations only, consisting of 50,000 Shares. Brokerage commissions will reduce returns. Index returns are for illustrative purposes only. Investors cannot directly invest in an index and unmanaged index returns do not reflect any management fees, transaction costs or expenses. In addition, the results actual investors might have achieved would have differed from those shown because of differences in the timing, amounts of their investments, and fees and expenses associated with investments in the Fund. Past performance does not guarantee future results. Investors in the Fund should be willing to accept a high degree of volatility in the price of the Fund’s Shares and the possibility of significant losses. An investment in the Fund involves a substantial degree of risk. International investing involves risks, including risks related to foreign currency, limited liquidity, less government regulation and the possibility of substantial volatility due to adverse political, economic or other developments. These risks often are heightened for investments in emerging/ developing markets or in concentrations of single countries. Diversification may not protect against market risk or loss of principal. Brokerage commissions will reduce returns. The Fund is considered non-diversified and may be subject to greater risks than a diversified fund. The Fund is distributed by Foreside Fund Services, LLC, which is not affiliated with Horizons ETFs Management (US) LLC or any of its affiliates.

The fund's gross expense ratio is 0.20%

Performance data quoted represents past performance. Past performance is not a guarantee of future results; current performance may be higher or lower than performance quoted. Investment returns and principal value will fluctuate and Shares, when redeemed, may be worth more or less than their original cost. See http://us.horizonsetfs.com/ETF/DAX to find the most recent month‐end performance numbers.

Gregory FCA for Horizons ETFs Management (US)
Jen Diehl, 610-228-2124
Horizons@gregoryfca.com

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