Horizons AlphaPro Dividend ETF Announces First Quarterly Distribution

TSX Symbol: HAL

TORONTO, March 25 /CNW/ - AlphaPro Management Inc. is pleased to announce the first quarterly distribution for the Horizons AlphaPro Dividend ETF (the "ETF") in the amount of $0.03125 per unit of the ETF.

The distribution represents the prorated portion of the first quarter of 2010 from the ETF's inception date on February 10, 2010 to March 31, 2010. The distribution is payable on April 13, 2010 to the ETF unitholders of record on March 31, 2010. The ETF's units are listed for trading on the Toronto Stock Exchange ("TSX") under the symbol HAL.

For further information: Martin Fabregas, Investor Relations, AlphaPro Management Inc., [phone]