Horizons ETFs announces final valuations for terminated ETFs

TORONTO, May 31, 2013 /CNW/ - Horizons ETFs Management (Canada) Inc. ("Horizons ETFs"), by way of a press release dated March 1, 2013, previously announced that certain exchange traded funds ("ETFs") would be terminated effective upon the close of business today, May 31, 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 BetaPro US Dollar Bull Plus ETF	HDU	$17.360463
Horizons BetaPro US Dollar Bear Plus ETF	HDD	$16.163326

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 ETFs Management (Canada) Inc. (www.HorizonsETFs.com)

Horizons ETFs Management (Canada) Inc. and its affiliate AlphaPro Management Inc. are innovative financial services companies offering the Horizons ETFs family of exchange-traded funds. 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 $4.1 billion in assets under management and 72 ETFs listed on the Toronto Stock Exchange, the Horizons ETFs family makes up one of the largest families of ETFs in Canada. Horizons ETFs Management (Canada) Inc. and AlphaPro Management Inc. are members of the Mirae Asset Financial Group.

SOURCE: Horizons ETFs Management (Canada) Inc.

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