Horizons Announces October 2012 Distributions for Certain Active ETFs

TORONTO, Oct. 22, 2012 /CNW/ - Horizons Exchange Traded Funds Inc. ("Horizons ETFs") and its affiliates are pleased to announce the distribution amounts per unit (the "Distributions") for certain of the Horizons ETFs family of exchange traded funds (the "ETFs"), for the period ending October 31 2012, as indicated in the table below.

The ex-dividend date for the Distributions is anticipated to be October 29, 2012, for all unitholders of record on October 31, 2012.  The Distributions will be paid in cash or, if the unitholder has enrolled in the respective ETF's dividend reinvestment plan (DRIP), reinvested in additional units of the applicable ETF, on or about November 9, 2012.

Horizons ETFs will make an additional announcement of the October distributions for its family of covered call exchange traded funds on or about October 23, 2012.

CLASS E UNITS

ETF Name	Ticker Symbol	Distribution per Unit	Annualized Yield *	Frequency
Horizons Corporate Bond ETF	HAB	$0.03222	3.55%	Monthly
Horizons Active Cdn Bond ETF^(1)	HAD	$0.01450	2.53%	Monthly
Horizons Active Advantage Yield ETF^(2)	HAF	$0.03194	4.47%	Monthly
Horizons Active Emerging Markets Dividend ETF^(1)	HAJ	$0.01410	2.40%	Monthly
Horizons Dividend ETF	HAL	$0.03500	3.56%	Monthly
Horizons Global Dividend ETF	HAZ	$0.03200	3.13%	Monthly
Horizons Preferred Share ETF	HPR	$0.03658	4.20%	Monthly
Horizons Floating Rate Bond ETF	HFR	$0.01940	2.26%	Monthly
Horizons U.S. Floating Rate Bond ETF ^(3)	HUF.U	$0.02178	2.53%	Monthly
Horizons High Yield Bond ETF	HYI	$0.05920	6.57%	Monthly
Horizons Australian Dollar Currency ETF	ASD	$0.02182	2.51%	Monthly

ADVISOR CLASS UNITS

ETF Name	Ticker Symbol	Distribution per Unit	Annualized Yield *	Frequency
Horizons Corporate Bond ETF	HAB.A	$0.02713	2.99%	Monthly
Horizons Active Cdn Bond ETF^(1)	HAD.A	$0.01125	1.96%	Monthly
Horizons Active Advantage Yield ETF^(2)	HAF.A	$0.02815	3.95%	Monthly
Horizons Active Emerging Markets Dividend ETF^(1)	HAJ.A	$0.00913	1.56%	Monthly
Horizons Dividend ETF	HAL.A	$0.02764	2.81%	Monthly
Horizons Global Dividend ETF	HAZ.A	$0.02435	2.38%	Monthly
Horizons Preferred Share ETF	HPR.A	$0.03226	3.70%	Monthly
Horizons Floating Rate Bond ETF	HFR.A	$0.01475	1.72%	Monthly
Horizons U.S. Floating Rate Bond ETF ^(3)	HUF.V	$0.01691	1.97%	Monthly
Horizons High Yield Bond ETF	HYI.A	$0.05410	6.00%	Monthly

* Based on the applicable October 19, 2012 net asset value per unit which is available at www.horizonsetfs.com

The Distributions will vary from period to period.

^(1)	The Class E Units and Advisor Class Units of Horizons Active Cdn Bond ETF and Horizons Active Emerging Markets Dividend ETF began trading on October 11, 2012. The distributions attributable to those units have been prorated from their launch date.
^(2)	Horizons Active Advantage Yield ETF was formerly named as Horizons Tactical Bond ETF.
^(3)	Distributions for Horizons U.S. Floating Rate Bond ETF are declared and paid in U.S. dollars.

In addition, the names of the ETFs listed below will change as of the close of business on October 31, 2012 and will begin trading on the Toronto Stock Exchange under the new names on November 1, 2012.

Current Name	New Name
Horizons Dividend ETF	Horizons Active Cdn Dividend ETF
Horizons Global Dividend ETF	Horizons Active Global Dividend ETF
Horizons North American Value ETF	Horizons Active North American Value ETF
Horizons North American Growth ETF	Horizons Active North American Growth ETF
Horizons Balanced ETF	Horizons Active Balanced ETF
Horizons Corporate Bond ETF	Horizons Active Corporate Bond ETF
Horizons U.S. Floating Rate Bond ETF	Horizons Active US Floating Rate Bond (USD) ETF
Horizons Preferred Share ETF	Horizons Active Preferred Share ETF
Horizons Floating Rate Bond ETF	Horizons Active Floating Rate Bond ETF
Horizons High Yield Bond ETF	Horizons Active High Yield Bond ETF

About Horizons Exchange Traded Funds Inc. (www.horizonsetfs.com)
Horizons ETFs is an innovative financial services company offering the Horizons ETFs family of ETFs. The Horizons ETFs family includes a broadly diversified range of investment tools with solutions for investors of all experience levels to meet their investment objectives in a variety of market conditions. With approximately $3.5 billion in assets under management and 79 ETFs listed on the Toronto Stock Exchange, the Horizons ETFs family makes up one of the largest families of ETFs in Canada. Horizons ETFs is a subsidiary of Horizons ETFs Management (Canada) Inc. and a member of the Mirae Asset Financial Group.

SOURCE: Horizons Exchange Traded Funds Inc.

Martin Fabregas, Investor Relations, [phone] or 1-866-641-5739.