Horizons ETFs announces final valuations for terminated ETFs

TORONTO, March 13, 2015 /CNW/ - Horizons ETFs Management (Canada) Inc. ("Horizons ETFs") previously announced, by way of a press release dated December 31, 2014, that certain exchange traded funds (the "Terminated ETFs") would be terminated effective upon the close of business today, March 13, 2015.  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 MSCI Emerging Markets Bull Plus ETF	HJU	$8.7492
Horizons BetaPro MSCI Emerging Markets Bear Plus ETF	HJD	$6.1510
Horizons BetaPro MSCI Japan Bull Plus ETF	HPU	$19.7527
Horizons BetaPro MSCI Japan Bear Plus ETF	HPD	$17.3856

Unitholders will receive the proceeds from the liquidation of the assets, less all liabilities and all expenses incurred in connection with the dissolution of the Terminated ETFs. These proceeds will be paid to the holders of the remaining outstanding units of the Terminated ETFs on a pro rata basis without further action by those unitholders. There are no distributions of income or capital gains required to be paid to unitholders included in the proceeds of termination of any of the Terminated ETFs.

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. Horizons ETFs has more than $4.9 billion of assets under management and with 69 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.