Horizons ETFs announces final valuations for terminating ETFs

TORONTO, Sept. 9, 2016 /CNW/ - Horizons ETFs Management (Canada) Inc. ("Horizons ETFs") and its affiliate AlphaPro Management Inc. (the "Manager") previously announced, by way of a press release dated June 29, 2016, that the Horizons Cdn Equity Managed Risk ETF and Horizons US Equity Managed Risk ETF (the "ETFs") would be terminated effective upon the close of business today, September 9, 2016.  The ETFs' final net asset values (NAV) per unit by class and currency are as follows:

ETF	Class of Units	Ticker	Final NAV per Unit	Currency of Final NAV
Horizons Cdn Equity Managed Risk ETF	Class E	HUT	$9.196283	CAD
	Advisor Class	HUT.A	$9.187319	CAD
Horizons US Equity Managed Risk ETF	Class E	HUS.U	$11.494924	USD
	Advisor Class	HUS.V	$11.481075	USD

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 ETF(s). These proceeds will be paid to the holders of the remaining outstanding units of the ETF(s) on a pro rata basis, at the rates and in the currencies shown above, 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 paid out today to CDS Clearing and Depository Services Inc.

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 $6.5 billion of assets under management and with 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 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.