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Horizons Equal Weight Banks Index ETF

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Horizons Short-Term U.S. Treasury Premium Yield ETF

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Horizons High Interest Savings ETF

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$50.12
$0.01
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$50.1069
$0.0066
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TORONTO – July 21, 2023 – Horizons ETFs Management (Canada) Inc. (“Horizons ETFs”) has announced today that it intends to consolidate shares of the BetaPro Marijuana Companies 2x Daily Bull ETF (“HMJU”) as indicated in the table below.

Share Consolidation

After the close of trading on Friday, August 4, 2023, on the Toronto Stock Exchange (the “TSX”), the shares of HMJU will be consolidated based on the ratio (the “Consolidation Ratio”) set out below:

ETF Name Ticker Consolidation Ratio
BetaPro Marijuana Companies 2x Daily Bull ETF HMJU 1:15

 

The shares of HMJU will begin trading on a post-consolidated basis on Tuesday, August 8, 2023, the effective date of the consolidation.

When a share consolidation occurs, the net asset value per share is increased by the same ratio as the share consolidation so that the share consolidation has no impact on the value of the investor’s total share position. An investor’s cost per share is also increased by the same ratio as the share consolidation, although their total cost remains unchanged.

No fractional shares will be issued. Where the consolidation results in a fractional share, the number of post-consolidation shares will be rounded down to the nearest whole share, in the case of a fractional interest that is less than 0.5, or rounded up to the nearest whole number, in the case of a fractional interest that is 0.5 or greater.

Horizons ETFs reserves the right to cancel or amend this corporate action if deemed appropriate to do so before the effective date of Tuesday, August 8, 2023.

Shareholder Information

Shareholders of HMJU do not need to take any action to effect this transaction. Shareholders will have their brokerage accounts automatically updated to reflect the consolidation. A shareholder’s broker may take several days to reflect this transaction in the shareholder’s account (the “Settlement Period”). However, the shareholder is still able to trade the shares of HMJU during this time. If they wish to do so, Horizons ETFs recommends investors contact their broker by phone during the Settlement Period in order to trade the post-consolidation shares.

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 over $26 billion of assets under management and 113 ETFs listed on major Canadian stock exchanges. Horizons ETFs is a wholly owned subsidiary of the Mirae Asset Financial Group, which manages approximately

$710 billion of assets across 13 countries around the world.

For all inquiries:

Please contact Horizons ETFs at 1-866-641-5739 (toll-free) or (416) 933-5745 info@horizonsetfs.com