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Press release from CNW Group

Horizons ETFs Announces March 2012 Distributions

Wednesday, March 21, 2012

Horizons ETFs Announces March 2012 Distributions18:06 EDT Wednesday, March 21, 2012TORONTO, March 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 March 31, 2012, as indicated in the table below.The ex-dividend date for the Distributions is anticipated to be March 28, 2012, for all unitholders of record on March 30, 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 April 12, 2012.CLASS E UNITSETF NameTickerSymbolDistributionper UnitAnnualizedYield *  FrequencyHorizons Balanced ETFHAA$0.047581.81%QuarterlyHorizons S&P/TSX 60 Equal Weight Index ETFHEW$0.057232.14%QuarterlyHorizons Corporate Bond ETFHAB$0.033973.85%MonthlyHorizons Tactical Bond ETFHAF$0.037505.39%MonthlyHorizons Dividend ETFHAL$0.024192.46%MonthlyHorizons Global Dividend ETFHAZ$0.030002.93%MonthlyHorizons Preferred Share ETFHPR$0.037644.35%MonthlyHorizons Floating Rate Bond ETFHFR$0.021232.48%MonthlyHorizons U.S. Floating Rate Bond ETF (1) (2)HUF.U$0.027812.20%MonthlyHorizons High Yield Bond ETF (2)HYI$0.089507.03%MonthlyHorizons Australian Dollar Currency ETFASD$0.029803.38%MonthlyADVISOR CLASS UNITSETF NameTickerSymbolDistributionper UnitAnnualizedYield *  FrequencyHorizons Balanced ETFHAA.A$0.027891.06%QuarterlyHorizons Corporate Bond ETFHAB.A$0.028753.25%MonthlyHorizons Tactical Bond ETFHAF.A$0.033774.85%MonthlyHorizons Dividend ETFHAL.A$0.015681.59%MonthlyHorizons Global Dividend ETFHAZ.A$0.020952.05%MonthlyHorizons Preferred Share ETFHPR.A$0.032843.79%MonthlyHorizons Floating Rate Bond ETFHFR.A$0.016551.94%MonthlyHorizons U.S. Floating Rate Bond ETF (1) (2)    HUF.V$0.020661.63%MonthlyHorizons High Yield Bond ETF (2)HYI.A$0.082276.47%Monthly* Based on the applicable March 20, 2012 net asset value per unitThe Distributions will vary from period to period.(1)    Distributions for Horizons U.S. Floating Rate Bond ETF are declared and paid in U.S. dollars.(2)    The Class E Units and Advisor Class Units of Horizons High Yield Bond ETF and Horizons U.S. Floating Rate Bond ETF began trading on February 15, 2012. The distributions attributable to those units have been prorated from their launch date.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 $3.4 billion in assets under management and 81 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.