TORONTO – February 26, 2016 – Horizons ETFs Management (Canada) Inc. (“Horizons ETFs”) and its affiliate AlphaPro Management Inc. (the “Manager”) previously announced, by way of a press release dated December 18, 2015, that the Horizons Active Diversified Income ETF (the “ETF”) would be terminated effective upon the close of business today, February 26, 2016. The ETF’s final net asset values (NAV) per unit by class are as follows:
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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 ETF. These proceeds will be paid to the holders of the remaining outstanding units of the ETF 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 paid out today to CDS Clearing and Depository Services Inc.