Mr. Martin Fabregas reports
HORIZONS ETFS ANNOUNCES UNIT CONSOLIDATION
Horizons Exchange Traded Funds Inc. and its affiliate Horizons ETFs Management (Canada) Inc., the manager
and trustee of the Horizons BetaPro S&P 500 VIX Short-Term Futures Bull Plus ETF, intends to consolidate the units of the
exchange-traded fund, as indicated.
After the Toronto Stock Exchange has closed for trading on Tuesday, March 12, 2013, the
units of the exchange-traded fund will be consolidated on the basis of the ratio set out herein and will begin trading on a consolidated basis on
Wednesday, March 13, 2013, the effective date of the consolidation.
ETF Ticker Consolidation ratio
Horizons BetaPro S&P 500 VIX
Short-Term Futures Bull Plus ETF HVU 1:4