HORIZONS ETFs ANNOUNCES FUND NAME UPDATES FOR GLOBAL X REBRANDING

TORONTO, April 18, 2024 /CNW/ - Horizons ETFs Management (Canada) Inc. (the "Manager") is pleased to announce that effective May 1, 2024, the Horizons-branded exchange traded funds set out in the table below (the "ETFs") will be updated (the "Updates") to reflect the Manager's rebranding as Global X Investments Canada Inc. ("Global X"), which will also take effect May 1, 2024, and which was previously announced on March 6, 2024.

The investment objectives, strategies and ticker symbols¹ of the ETFs, as outlined in their respective prospectuses, remain the same.

"We're excited to reintroduce our ETF suite under the Global X brand while continuing to deliver access to in-demand, tailored investment solutions for Canadians," said Rohit Mehta, President and CEO of Horizons ETFs.

In addition, the ETFs will also receive new Committee on Uniform Securities Identification Procedures numbers ("CUSIP"), which are expected to be effective on or about May 1, 2024.

The BetaPro ETF family, Canada's only suite of leveraged, inverse and inverse leveraged ETFs, are not affected by the Updates and will retain their existing names, tickers and CUSIPs.

The new Global X names and CUSIPs for the ETFs are outlined below:

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¹ Effective on or about May 1, 2024, the ticker for the Global X Pipelines & Energy Services Index ETF will be changed from HOG to PPLN.

Current Name	New Name	Ticker(s)	New CUSIP
Horizons Active Corporate Bond ETF	Global X Active Corporate Bond ETF	HAB	37892T109
Horizons Active Cdn Bond ETF	Global X Active Canadian Bond ETF	HAD	37892W102
Horizons Seasonal Rotation ETF	Global X Seasonal Rotation ETF	HAC	379949100
Horizons Active Global Fixed Income ETF	Global X Active Global Fixed Income ETF	HAF	37892Y108
Horizons Active Cdn Dividend ETF	Global X Active Canadian Dividend ETF	HAL	37892J101
Horizons Active Global Dividend ETF	Global X Active Global Dividend ETF	HAZ	37892U106
Horizons Active Preferred Share ETF	Global X Active Preferred Share ETF	HPR	37892R103
Horizons Active Hybrid Bond and Preferred Share ETF	Global X Active Hybrid Bond and Preferred Share ETF	HYBR	37892X100
Horizons Active Ultra-Short Term Investment Grade Bond ETF	Global X Active Ultra-Short Term Investment Grade Bond ETF	HFR	37892V104
Horizons Active Cdn Municipal Bond ETF	Global X Active Canadian Municipal Bond ETF	HMP	37893A109
Horizons Canadian Large Cap Equity Covered Call ETF	Global X S&P/TSX 60 Covered Call ETF	CNCC	37964D107
Horizons Canadian Oil and Gas Equity Covered Call ETF	Global X Canadian Oil and Gas Equity Covered Call ETF	ENCC	37964B101
Horizons Equal Weight Canadian Bank Covered Call ETF	Global X Equal Weight Canadian Bank Covered Call ETF	BKCC	379944101
Horizons Gold Producer Equity Covered Call ETF	Global X Gold Producer Equity Covered Call ETF	GLCC	37964M107
Horizons NASDAQ-100 Covered Call ETF	Global X Nasdaq-100 Covered Call ETF	QQCC	37962P102
Horizons US Large Cap Equity Covered Call ETF	Global X S&P 500 Covered Call ETF	USCC.U USCC	37964A103
Horizons Gold Yield ETF	Global X Gold Yield ETF	HGY	379950108
Horizons Balanced Asset Allocation ETF	Global X Balanced Asset Allocation ETF	HBAL	37962W107
Horizons Conservative Asset Allocation ETF	Global X Conservative Asset Allocation ETF	HCON	37963F103
Horizons All-Equity Asset Allocation ETF	Global X All-Equity Asset Allocation ETF	HEQT	37962N107
Horizons 0-3 Month T-Bill ETF	Global X 0-3 Month T-Bill ETF	CBIL	37964G100
Horizons 0-3 Month U.S. T-Bill ETF	Global X 0-3 Month U.S. T-Bill ETF	UBIL.U	37964N105
Horizons US Dollar Currency ETF	Global X US Dollar Currency ETF	DLR.U DLR	379948102
Horizons Pipelines & Energy Services Index ETF	Global X Pipelines & Energy Services Index ETF	HOG*	37963K102
Horizons Marijuana Life Sciences Index ETF	Global X Marijuana Life Sciences Index ETF	HMMJ HMMJ.U	37991D104
Horizons Inovestor Canadian Equity Index ETF	Global X Inovestor Canadian Equity Index ETF	INOC	37991C106
Horizons Robotics & AI Index ETF	Global X Robotics & AI Index ETF	RBOT RBOT.U	37893B107
Horizons Big Data & Hardware Index ETF	Global X Big Data & Hardware Index ETF	HBGD HBGD.U	37893C105
Horizons Global Sustainability Leaders Index ETF	Global X Global Sustainability Leaders Index ETF	ETHI	37991B108
Horizons Industry 4.0 Index ETF	Global X Industry 4.0 Index ETF	FOUR	37962Q100
Horizons Global Uranium Index ETF	Global X Uranium Index ETF	HURA	37963R107
Horizons S&P Green Bond Index ETF	Global X S&P Green Bond Index ETF	HGGB	37963Q109
Horizons Global Lithium Producers Index ETF	Global X Lithium Producers Index ETF	HLIT	379947104
Horizons Global Semiconductor Index ETF	Global X Semiconductor Index ETF	CHPS CHPS.U	37963G101
Horizons High Interest Savings ETF	Global X High Interest Savings ETF	CASH	37964J104
Horizons GX Cybersecurity Index ETF	Global X Cybersecurity Index ETF	HBUG	37964U109
Horizons Global Metaverse Index ETF	Global X Metaverse Index ETF	MTAV	379585102
Horizons Copper Producers Index ETF	Global X Copper Producers Index ETF	COPP	37962M109
Horizons Canadian Utility Services High Dividend Index ETF	Global X Canadian Utility Services High Dividend Index ETF	UTIL	37964F102
Horizons Enhanced Equal Weight Banks Index ETF	Global X Enhanced Equal Weight Banks Index ETF	BNKL	37962T104
Horizons Enhanced Equal Weight Canadian Banks Covered Call ETF	Global X Enhanced Equal Weight Canadian Banks Covered Call ETF	BKCL	37962V109
Horizons Enhanced S&P/TSX 60 Index ETF	Global X Enhanced S&P/TSX 60 Index ETF	CANL	37962U101
Horizons Enhanced Canadian Large Cap Equity Covered Call ETF	Global X Enhanced S&P/TSX 60 Covered Call ETF	CNCL	37963A104
Horizons Enhanced US Large Cap Equity Covered Call ETF	Global X Enhanced S&P 500 Covered Call ETF	USCL	379940109
Horizons Equal Weight Banks Index ETF	Global X Equal Weight Canadian Banks Index ETF	HBNK	379946106
Horizons ReSolve Adaptive Asset Allocation ETF	Global X ReSolve Adaptive Asset Allocation Corporate Class ETF	HRAA	37964H108
Horizons NASDAQ-100® Index ETF	Global X Nasdaq-100 Index Corporate Class ETF	HXQ.U HXQ	37963X104
Horizons US Large Cap Index ETF	Global X US Large Cap Index Corporate Class ETF	HULC HULC.U	37963W106
Horizons Cash Maximizer ETF	Global X Cash Maximizer Corporate Class ETF	HSAV	379939101
Horizons USD Cash Maximizer ETF	Global X USD Cash Maximizer Corporate Class ETF	HSUV.U	379938103
Horizons Carbon Credits ETF	Global X Carbon Credits ETF	CARB	379945108
Horizons Gold ETF	Global X Gold ETF	HUG	37964E105
Horizons Silver ETF	Global X Silver ETF	HUZ	37964K101
Horizons Crude Oil ETF	Global X Crude Oil ETF	HUC	37963Y102
Horizons Natural Gas ETF	Global X Natural Gas ETF	HUN	37964L109
Horizons S&P/TSX 60™ Index ETF	Global X S&P/TSX 60 Index Corporate Class ETF	HXT HXT.U	37963M108
Horizons S&P 500® Index ETF	Global X S&P 500 Index Corporate Class ETF	HXS HXS.U	37964P100
Horizons S&P/TSX Capped Energy Index ETF	Global X S&P/TSX Capped Energy Index Corporate Class ETF	HXE	37963N106
Horizons S&P/TSX Capped Financials Index ETF	Global X S&P/TSX Capped Financials Index Corporate Class ETF	HXF	37962R108
Horizons Cdn Select Universe Bond ETF	Global X Canadian Select Universe Bond Index Corporate Class ETF	HBB	37963J105
Horizons US 7-10 Year Treasury Bond ETF	Global X US 7-10 Year Treasury Bond Index Corporate Class ETF	HTB.U HTB	37963U100
Horizons Cdn High Dividend Index ETF	Global X Canadian High Dividend Index Corporate Class ETF	HXH	37963D108
Horizons S&P 500 CAD Hedged Index ETF	Global X S&P 500 CAD Hedged Index Corporate Class ETF	HSH	37963P101
Horizons Europe 50 Index ETF	Global X Europe 50 Index Corporate Class ETF	HXX	37964C109
Horizons Intl Developed Markets Equity Index ETF	Global X Intl Developed Markets Equity Index Corporate Class ETF	HXDM.U HXDM	37963V108
Horizons Equal Weight Canada REIT Index ETF	Global X Equal Weight Canadian REITs Index Corporate Class ETF	HCRE	37963L100
Horizons Laddered Canadian Preferred Share Index ETF	Global X Laddered Canadian Preferred Share Index Corporate Class ETF	HLPR	37965E104
Horizons Equal Weight Canada Banks Index ETF	Global X Equal Weight Canadian Banks Index Corporate Class ETF	HEWB	37964Q108
Horizons S&P/TSX Capped Composite Index ETF	Global X S&P/TSX Capped Composite Index Corporate Class ETF	HXCN	37964T102
Horizons Emerging Markets Equity Index ETF	Global X Emerging Markets Equity Index Corporate Class ETF	HXEM	37963T103
Horizons Enhanced NASDAQ-100 Covered Call ETF	Global X Enhanced Nasdaq-100 Covered Call ETF	QQCL	37962X105
Horizons Enhanced Canadian Oil And Gas Equity Covered Call ETF	Global X Enhanced Canadian Oil and Gas Equity Covered Call ETF	ENCL	37963B102
Horizons Enhanced All-Equity Asset Allocation Covered Call ETF	Global X Enhanced All-Equity Asset Allocation Covered Call ETF	EQCL	37963E106
Horizons Enhanced All-Equity Asset Allocation ETF	Global X Enhanced All-Equity Asset Allocation ETF	HEQL	37963C100
Horizons Growth Asset Allocation ETF	Global X Growth Asset Allocation ETF	HGRW	379920101
Horizons Growth Asset Allocation Covered Call ETF	Global X Growth Asset Allocation Covered Call ETF	GRCC	379942105
Horizons Short-Term U.S. Treasury Premium Yield ETF	Global X Short-Term U.S. Treasury Premium Yield ETF	SPAY.U SPAY	379943103
Horizons Mid-Term U.S. Treasury Premium Yield ETF	Global X Mid-Term U.S. Treasury Premium Yield ETF	MPAY.U MPAY	37962Y103
Horizons Long-Term U.S. Treasury Premium Yield ETF	Global X Long-Term U.S. Treasury Premium Yield ETF	LPAY.U LPAY	37963H109
Horizons USD High Interest Savings ETF	Global X USD High Interest Savings ETF	UCSH.U	37964R106

Effective on or about May 1, 2024, the ticker for the Global X Pipelines & Energy Services Index ETF will be changed from HOG to PPLN.

"As we get ready to expand our product shelf as Global X and embrace new opportunities for investment innovation, Canadians can rest assured that our long-standing offerings will continue to be accessible and deliver effective exposure under their existing tickers," said Mr. Mehta.

It is anticipated that the Updates will be reflected on the Toronto Stock Exchange on or about May 1, 2024.

Investors with questions regarding the Global X transition on May 1, 2024 and the Updates described in this press release are encouraged to contact the Manager at [email protected].

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

Horizons ETFs Management (Canada) Inc. is an innovative financial services company and offers one of the largest suites of exchange traded funds in Canada. The Horizons ETFs product family includes a broadly diversified range of solutions for investors of all experience levels to meet their investment objectives in a variety of market conditions. Horizons ETFs has more than $30 billion of assets under management and 108 ETFs listed on major Canadian stock exchanges. Horizons ETFs is a wholly owned subsidiary of the Mirae Asset Financial Group, which manages more than $710 billion of assets across 19 countries and global markets around the world.

Commissions, management fees and expenses all may be associated with an investment in exchange traded products (the "Horizons Exchange Traded Products") managed by Horizons ETFs Management (Canada) Inc. The Horizons Exchange Traded Products are not guaranteed, their values change frequently and past performance may not be repeated. The prospectus contains important detailed information about the Horizons Exchange Traded Products. Please read the relevant prospectus before investing.

Certain statements may constitute a forward-looking statement, including those identified by the expression "expect" and similar expressions (including grammatical variations thereof). The forward-looking statements are not historical facts but reflect the author's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking statements. These forward-looking statements are made as of the date hereof and the authors do not undertake to update any forward-looking statement that is contained herein, whether as a result of new information, future events or otherwise, unless required by applicable law.

SOURCE Horizons ETFs Management (Canada) Inc.

For investor inquiries: Contact Horizons ETFs at 1-866-641-5739 (toll-free) or [phone], [email protected]