Mr. Martin Fabregas of Horizons ETFs reports
HORIZONS ANNOUNCES JUNE 2012 DISTRIBUTIONS FOR ITS COVERED-CALL ETFS
Horizons Exchange Traded Funds Inc. and its affiliate AlphaPro Management Inc. have declared the distribution amounts per unit for certain of the Horizons ETFs family of exchange-traded funds for the period ending June 30, 2012, as indicated in the attached tables.
The ex dividend date for the distributions is anticipated to be June 27,
2012, for all unitholders of record on June 29, 2012. The
distributions will be paid in cash or, if the unitholder has enrolled
in the respective ETF's dividend reinvestment plan, reinvested
in additional units of the applicable ETF on or about July 12, 2012.
CLASS E UNITS
ETF name Symbol Distribution per unit Annualized yield* Frequency
Horizons Enhanced Income U.S. Equity (USD) ETF (1) HEA.U $0.07828 9.26% Monthly
Horizons Gold Yield ETF HGY $0.07117 9.53% Monthly
Horizons Silver Yield ETF HZY $0.05970 9.04% Monthly
Horizons Crude Oil Yield ETF HOY $0.09045 14.53% Monthly
Horizons Natural Gas Yield ETF HNY $0.06718 9.06% Monthly
ADVISER CLASS UNITS
ETF name Symbol Distribution per unit Annualized yield* Frequency
Horizons Enhanced Income U.S. Equity (USD) ETF (1) HEA.V $0.07161 8.47% Monthly
Horizons Gold Yield ETF HGY.A $0.06479 8.68% Monthly
Horizons Silver Yield ETF HZY.A $0.05408 8.19% Monthly
Horizons Crude Oil Yield ETF HOY.A $0.08513 13.68% Monthly
Horizons Natural Gas Yield ETF HNY.A $0.06087 8.21% Monthly
* The annualized yield is based on the applicable March 20, 2012, net asset value per unit.
(1) Distributions for Horizons Enhanced Income U.S. Equity are declared and paid in U.S. dollars.
Distributions will vary from period to period.