Horizons AlphaPro Fiera Tactical Bond Fund Announces Monthly Distribution

TSX Symbol: HAF.UN

TORONTO, May 20 /CNW/ - Horizons AlphaPro Fiera Tactical Bond Fund announces a distribution for the month ending May 31, 2010 in the amount of $0.05833 for each of the Class A and Class F units of the Fund. The distribution is payable on June 10, 2010 to unitholders of record on May 31, 2010. The Class A units are listed for trading on the Toronto Stock Exchange ("TSX") under the symbol HAF.UN. The Class F units of the Fund are not publicly listed.

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