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Press release from CNW Group

Horizons ETFs Announces February 2012 Distributions

Tuesday, February 21, 2012

Horizons ETFs Announces February 2012 Distributions19:21 EST Tuesday, February 21, 2012TORONTO, Feb. 21, 2012 /CNW/ - Horizons Exchange Traded Funds Inc. ("Horizons ETFs") and its affiliate AlphaPro Management Inc. are pleased to announce the distribution amounts per unit (the "Distributions") for certain of the Horizons ETFs family of exchange traded funds (the "ETFs"), for the period ending February 29, 2012, as indicated in the table below.The ex-dividend date for the Distributions is anticipated to be February 27, 2012, for all unitholders of record on February 29, 2012.  The Distributions will be paid in cash or, if the unitholder has enrolled in the respective ETF's dividend reinvestment plan (DRIP), reinvested in additional units of the applicable ETF, on or about March 12, 2012.CLASS E UNITSETF NameTickerSymbolDistributionper UnitAnnualizedYield * FrequencyHorizons Enhanced Income Equity ETFHEX$0.0819513.02%MonthlyHorizons Enhanced Income Energy ETFHEE$0.0817313.21%MonthlyHorizons Enhanced Income Gold Producers ETFHEP$0.1005216.48%MonthlyHorizons Enhanced Income Financials ETFHEF$0.0731910.83%MonthlyHorizons Enhanced Income International Equity ETFHEJ$0.1156614.11%MonthlyHorizons Enhanced Income US Equity (USD) ETF (1)HEA.U$0.1118613.18%MonthlyADVISOR CLASS UNITSETF NameTickerSymbolDistributionper UnitAnnualizedYield *  FrequencyHorizons Enhanced Income Equity ETFHEX.A$0.0772612.23%MonthlyHorizons Enhanced Income Energy ETFHEE.A$0.0773312.43%MonthlyHorizons Enhanced Income Gold Producers ETFHEP.A$0.0952315.69%MonthlyHorizons Enhanced Income Financials ETFHEF.A$0.0681210.04%MonthlyHorizons Enhanced Income International Equity ETFHEJ.A$0.1094713.36%MonthlyHorizons Enhanced Income US Equity (USD) ETF (1)HEA.V$0.1051612.39%Monthly* Based on the applicable February 17, 2012 net asset value per unitThe Distributions will vary from period to period.(1) Distributions for Horizons Enhanced Income US Equity (USD) ETF are declared and paid in U.S. dollars.About Horizons Exchange Traded Funds Inc. (www.horizonsetfs.com)Horizons ETFs is an innovative financial services company offering the Horizons ETFs family of ETFs. The Horizons ETFs family includes a broadly diversified range of investment tools with solutions for investors of all experience levels to meet their investment objectives in a variety of market conditions. With more than $3.3 billion in assets under management and 77 ETFs listed on the Toronto Stock Exchange, the Horizons ETFs family makes up the largest selection of ETFs in Canada. Horizons ETFs is a subsidiary of Horizons ETFs Management (Canada) Inc. and a member of the Mirae Asset Financial Group.For further information: Martin Fabregas, Investor Relations, (416) 601-2508 or 1-866-641-5739