Horizons ETFs Announces Upcoming Name Changes

TORONTO, Oct. 2, 2012 /CNW/ - Horizons Exchange Traded Funds Inc. ("Horizons ETFs") and its affiliate AlphaPro Management Inc. are pleased to announce that effective on or about October 22, 2012, the names of the exchange traded funds listed below (the "ETFs") will change as follows:

Current Name	New Name
Horizons Dividend ETF	Horizons Active Cdn Dividend ETF
Horizons Global Dividend ETF	Horizons Active Global Dividend ETF
Horizons North American Value ETF	Horizons Active North American Value ETF
Horizons North American Growth ETF	Horizons Active North American Growth ETF
Horizons Balanced ETF	Horizons Active Balanced ETF
Horizons Corporate Bond ETF	Horizons Active Corporate Bond ETF
Horizons U.S. Floating Rate Bond ETF	Horizons Active US Floating Rate Bond (USD) ETF
Horizons Preferred Share ETF	Horizons Active Preferred Share ETF
Horizons Floating Rate Bond ETF	Horizons Active Floating Rate Bond ETF
Horizons High Yield Bond ETF	Horizons Active High Yield Bond ETF

Class E units and Advisor Class units of the ETFs trade on the Toronto Stock Exchange (the "TSX") under the following ticker symbols, which remain unchanged:

New Name	Class E Units	Advisor Class
Horizons Active Cdn Dividend ETF	HAL	HAL.A
Horizons Active Global Dividend ETF	HAZ	HAZ.A
Horizons Active North American Value ETF	HAV	HAV.A
Horizons Active North American Growth ETF	HAW	HAW.A
Horizons Active Balanced ETF	HAA	HAA.A
Horizons Active Corporate Bond ETF	HAB	HAB.A
Horizons Active US Floating Rate Bond (USD) ETF	HUF.U	HUF.V
Horizons Active Preferred Share ETF	HPR	HPR.A
Horizons Active Floating Rate Bond ETF	HFR	HFR.A
Horizons Active High Yield Bond ETF	HYI	HYI.A

The investment objectives and strategies of the ETFs remain unchanged.

About Horizons Exchange Traded Funds Inc. (www.horizonsetfs.com)

Horizons ETFs is an innovative financial services company offering a broadly diversified range of investment tools for investors of all experience levels. With approximately $3.5 billion in assets under management and 81 exchange traded funds listed on the TSX, Horizons ETFs helps investors to meet their investment objectives in a variety of market conditions. Horizons ETFs is a subsidiary of Horizons ETFs Management (Canada) Inc. and a member of the Mirae Asset Financial Group.

SOURCE: Horizons ETFs Management (Canada) Inc.

Martin Fabregas, Investor Relations, [phone] or [phone]