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An ETF for every investor.

CASH

Horizons High Interest Savings ETF

Price
$50.02
$-0.11
-0.22%
NAV
$50.1341
$0.0051
0.01%

Benchmark

Fixed Income

Fact Sheet
Learn more about CASH

QQCC

Horizons NASDAQ-100 Covered Call ETF

Price
$4.74
$-0.08
-1.66%
NAV
$4.8255
$-0.0138
-0.29%

Active

Covered Call

Fact Sheet
Learn more about QQCC

HRAA

Horizons ReSolve Adaptive Asset Allocation ETF

Price
$11.14
$-0.01
-0.09%
NAV
$11.1840
$0.0862
0.78%

Active

Corporate Class – Alternative

Fact Sheet
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Horizons ETFs Announces Final Valuations for Terminating ETFs

TORONTO – March 27, 2020 – Horizons ETFs Management (Canada) Inc. (the “Manager”) previously announced, by way of a press release dated January 24, 2020, that the exchange traded funds (the “ETFs”) listed in the table below would be delisted from the Toronto Stock Exchange at the close of business on March 24, 2020, and terminated effective upon the close of business today, March 27, 2020.

The ETFs’ final net asset values (“NAV”), distributions and termination proceeds per unit are as follows:

ETF Ticker Ex- Distribution
NAV per Unit
Income Distribution
per Unit
Final Net Proceeds of
Termination per Unit
Horizons Canadian Dollar
Currency ETF
CAN $8.681151 $8.681151
Horizons S&P/TSX 60 Equal
Weight Index ETF
HEW $10.950388 $0.11669 $11.067078

 

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 applicable ETF(s). These proceeds will be paid to the holders of the remaining outstanding units of the applicable ETF(s) on a pro-rata basis, at the rate shown above, without further action by those unitholders.

Income distributions are indicated on a per unit basis in the table above. The net proceeds of termination paid to each unitholder is the sum of the ex-distribution NAV per unit plus the income distribution per unit indicated in the table above and represents the remaining net assets of the applicable ETF(s). The proceeds of termination were paid out today to CDS Clearing and Depository Services Inc.

About Horizons ETFs Management (Canada) Inc. (www.HorizonsETFs.com)
Horizons ETFs Management (Canada) Inc. is an innovative financial services company and offers one of the largest suites of exchange traded funds in Canada. The Horizons ETFs product family includes a broadly diversified range of solutions for investors of all experience levels to meet their investment objectives in a variety of market conditions. Horizons ETFs has more than $11 billion of assets under management and 91 ETFs listed on major Canadian stock exchanges.

For further information:
Martin Fabregas, Investor Relations, (416) 601-2508 or 1-866-641-5739.

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