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Horizons ETFs receive unitholder OK for name change

2022-06-21 19:15 ET - News Release

See News Release (C-HXEM) Horizons Emerging Markets Equity Index ETF

An anonymous director reports

HORIZONS ETFs ANNOUNCES UNITHOLDER APPROVALS FOR PROPOSED CHANGES TO ITS COVERED CALL ETFs

Horizons ETFs Management (Canada) Inc. held special meetings of unitholders of its suite of covered call ETFs listed in the attached table, on June 21, 2022, during which unitholders approved all matters relating to proposed changes to the investment objectives of the ETFs previously announced in an information circular that was made available to unitholders.

The approval of the changes follows the proposal made by the manager and published in a circular sent to all unitholders and announced by press release dated May 17, 2022, both available on SEDAR and the company's website. An update to the circular in respect of Horizons Enhanced Income Gold Producers ETF was announced by press release on June 2, 2022 and was subsequently filed on SEDAR.

The new investment objectives, which will be effective on June 24, 2022, follow an extensive review by the Manager of the ETFs. The ETFs will begin to trade under their new names and tickers at the opening of trading on June 27, 2022. The changes are further described below:

There are no changes to the management fee of the ETFs. Further details regarding the changes can be found at on SEDAR and the Horizons ETFs website.

About Horizons ETFs Management (Canada) Inc.

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 over $22 billion of assets under management and 104 ETFs listed on major Canadian stock exchanges.

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