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Horizons ETFs Announces Quarterly Rebalance for Horizons Marijuana Life Sciences Index ETF

TORONTO, June 19, 2017 – Horizons ETFs Management (Canada) Inc. has announced that it has undertaken the quarterly rebalance of the constituent holdings of the Horizons Marijuana Life Sciences Index ETF ("HMMJ").

HMMJ is the first ETF in the world that offers direct exposure to North American-listed stocks that are involved with marijuana bioengineering and production.

HMMJ is an index (or passively managed) ETF, which seeks to replicate, to the extent possible, the performance of the North American Medical Marijuana Index (the "Index"), net of expenses. The Index provides exposure to the performance of a basket of North American publicly listed life sciences companies, and other firms, with significant business activities in the marijuana industry. The Index selects from a current universe of companies that have operations that may include one or more of biopharmaceuticals, medical manufacturing, distribution, bioproducts and other ancillary businesses related to the marijuana industry.

Rebalancing of the North American Medical Marijuana Index, and by extension, the Horizons Marijuana Life Sciences Index ETF, occurs before the end of each calendar quarter. At that point, all stocks eligible for inclusion in the Index are weighted by their respective market capitalization. However, no single stock can exceed 10% of the weight of the portfolio at the rebalance date.

In conjunction with the recently announced Index rebalance by the Index calculation agent (Solactive AG), HMMJ has also rebalanced the holdings of the ETF portfolio. The latest holdings of the ETF and their current portfolio weights can be accessed at www.HorizonsETFs.com/HMMJ.

It is important to note that HMMJ may not hold all of the constituent names in the Index. HMMJ's manager, through the use of a stratified sampling strategy and consistent with its investment objectives, may invest HMMJ in the securities of issuers that it believes continue to closely match the investment characteristics of the Index, and are consistent with the investment objective and strategy of the ETF. For additional information regarding the investment strategy of HMMJ, investors are encouraged to read the amended and restated prospectus dated June 8, 2017. The amended and restated prospectus is available at www.sedar.com and on the manager's website at www.HorizonsETFs.com/HMMJ.

About Horizons ETFs Management (Canada) Inc.
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 $7.8 billion of assets under management and with 77 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 Global Investments Group.

About Solactive (www.solactive.com)
Solactive AG is an innovative index provider that focuses on the development, calculation and distribution of tailor-made indices over all asset classes. The Company was established in 2007 and is headquartered in Frankfurt, Germany. As of January 2017, Solactive AG served relatively 350 clients in Europe, America and Asia, with approximately USD $100 billion invested in products linked to indices calculated by the Company globally, primarily via 250 exchange traded funds from a number of well-known providers.

For further information: For investor inquiries: 1-866-641-5739 (toll-free) or (416) 933-5745, info@horizonsetfs.com; For press or other inquiries: Mark Noble, Senior Vice-President and Head of Sales Strategy, Horizons ETFs Management (Canada) Inc., (416) 640-8254, mnoble@horizonsetfs.com

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