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Press release from CNW Group

Horizons ETFs Announces Upcoming Name Changes

Tuesday, October 02, 2012

Horizons ETFs Announces Upcoming Name Changes20:16 EDT Tuesday, October 02, 2012TORONTO, Oct. 2, 2012 /CNW/ -Horizons Exchange Traded Funds Inc. ("Horizons ETFs") and its affiliate AlphaPro Management Inc. are pleased to announce that effective on or about October 22, 2012, the names of the exchange traded funds listed below (the "ETFs") will change as follows:Current NameNew NameHorizons Dividend ETFHorizons Active Cdn Dividend ETFHorizons Global Dividend ETFHorizons Active Global Dividend ETFHorizons North American Value ETFHorizons Active North American Value ETFHorizons North American Growth ETFHorizons Active North American Growth ETFHorizons Balanced ETFHorizons Active Balanced ETFHorizons Corporate Bond ETFHorizons Active Corporate Bond ETFHorizons U.S. Floating Rate Bond ETFHorizons Active US Floating Rate Bond (USD) ETFHorizons Preferred Share ETFHorizons Active Preferred Share ETFHorizons Floating Rate Bond ETFHorizons Active Floating Rate Bond ETFHorizons High Yield Bond ETFHorizons Active High Yield Bond ETFClass E units and Advisor Class units of the ETFs trade on the Toronto Stock Exchange (the "TSX") under the following ticker symbols, which remain unchanged:New NameClass E UnitsAdvisor ClassHorizons Active Cdn Dividend ETFHALHAL.AHorizons Active Global Dividend ETFHAZHAZ.AHorizons Active North American Value ETFHAVHAV.AHorizons Active North American Growth ETFHAWHAW.AHorizons Active Balanced ETFHAAHAA.AHorizons Active Corporate Bond ETFHABHAB.AHorizons Active US Floating Rate Bond (USD) ETFHUF.UHUF.VHorizons Active Preferred Share ETFHPRHPR.AHorizons Active Floating Rate Bond ETFHFRHFR.AHorizons Active High Yield Bond ETFHYIHYI.AThe investment objectives and strategies of the ETFs remain unchanged.About Horizons Exchange Traded Funds Inc. (www.horizonsetfs.com)Horizons ETFs is an innovative financial services company offering a broadly diversified range of investment tools for investors of all experience levels. With approximately $3.5 billion in assets under management and 81 exchange traded funds listed on the TSX, Horizons ETFs helps investors to meet their investment objectives in a variety of market conditions. Horizons ETFs is a subsidiary of Horizons ETFs Management (Canada) Inc. and a member of the Mirae Asset Financial Group.SOURCE: Horizons ETFs Management (Canada) Inc.For further information: Martin Fabregas, Investor Relations, (416) 601-2508 or (866) 641-5739