Horizons Announces September 2017 Distributions for Certain ETFs

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Distributions for Horizons Active US Dividend ETF are declared and paid in Canadian dollars, including those listed under the U.S. dollar traded ticker HAU.U. The approximate U.S. dollar equivalent distribution rate for HAU.U is $0.04434 per unit. For unitholders who hold the U.S. dollar traded HAU.U, distribution payments will typically be converted to U.S. dollars by the unitholder's account holder.

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Distributions for Horizons Active US Floating Rate Bond (USD) ETF are declared and paid in U.S. dollars, including those listed under the Canadian dollar traded ticker HUF. The approximate Canadian dollar equivalent distribution rate for HUF is $0.01458 per unit. For unitholders who hold the Canadian dollar traded HUF, distribution payments will typically be converted to Canadian dollars by the unitholder's account holder.

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The units of Horizons Marijuana Life Sciences Index ETF began trading on April 4, 2017. The distributions attributable to those units have been pro-rated from its launch date. Distributions for Horizons Marijuana Life Sciences Index ETF are declared and paid in Canadian dollars, including those listed under the U.S. dollar traded ticker HMMJ.U. The approximate U.S. dollar equivalent distribution rate for HMMJ.U is $ 0.18265 per unit. For unitholders who hold the U.S. dollar traded HMMJ.U, distribution payments will typically be converted to U.S. dollars by the unitholder's account holder. Distributions for HMMJ/HMMJ.U are declared at the discretion of Horizons ETFs and may not be announced with a set frequency. With a limited operating history, Horizons ETFs believes that the disclosure of an annualized yield for the ETF at this time would be misleading to unitholders.