Horizons ETFs Announces Final Valuations for Terminated ETFs

TORONTO, March 22, 2013 /CNW/ - Horizons Exchange Traded Funds Inc. ("Horizons ETFs") and its affiliate AlphaPro Management Inc. (the "Manager") previously announced, by way of a press release dated December 21, 2012, that certain exchange traded funds ("ETFs") will be terminated effective upon the close of business today, March 22, 2013.  The ETFs being terminated (collectively, the "Terminated ETFs"), with their respective final net asset values ("Final NAV") per unit, are as follows:

ETF	Ticker	Final NAV per Unit
Horizons Gartman ETF - Class E	HAG	$7.884547
Horizons Gartman ETF - Advisor Class	HAG.A	$7.793321
Horizons Active Income Plus ETF - Class E	HAP	$8.786368
Horizons Active Income Plus ETF - Advisor Class	HAP.A	$8.815652
Horizons Active North American Value ETF - Class E	HAV	$11.708721
Horizons Active North American Value ETF - Advisor Class	HAV.A	$12.163918

The proceeds of termination will be paid to the holders of the remaining outstanding units of the Terminated ETFs on a pro rata basis.

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 $4.3 billion in assets under management and 73 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.