Horizons AlphaPro Dividend ETF Announces Quarterly Distribution

TSX Symbol: HAL

TORONTO, Sept. 17 /CNW/ - Horizons AlphaPro Dividend ETF ("HAL" or the "ETF") announces a distribution for the ETF's quarter ending September 30, 2010 in the amount of $0.05133 per unit. The distribution is payable on October 13, 2010 to unitholders of record on September 30, 2010. The units of the ETF are listed for trading on the Toronto Stock Exchange under the symbol HAL.

HAL's investment objective is to seek long-term total returns consisting of regular dividend income and modest long-term capital growth. HAL invests primarily in equity securities of major North American companies with above average dividend yields.

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