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Press release from CNW Group

Horizons Announces October 2012 Distributions for Certain Active ETFs

Monday, October 22, 2012

Horizons Announces October 2012 Distributions for Certain Active ETFs19:23 EDT Monday, October 22, 2012TORONTO, Oct. 22, 2012 /CNW/ - Horizons Exchange Traded Funds Inc. ("Horizons ETFs") and its affiliates 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 October 31 2012, as indicated in the table below.The ex-dividend date for the Distributions is anticipated to be October 29, 2012, for all unitholders of record on October 31, 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 November 9, 2012.Horizons ETFs will make an additional announcement of the October distributions for its family of covered call exchange traded funds on or about October 23, 2012.CLASS E UNITSETF NameTicker SymbolDistribution per UnitAnnualized Yield *  FrequencyHorizons Corporate Bond ETFHAB$0.032223.55%MonthlyHorizons Active Cdn Bond ETF(1)HAD$0.014502.53%MonthlyHorizons Active Advantage Yield ETF(2)HAF$0.031944.47%MonthlyHorizons Active Emerging Markets Dividend ETF(1)HAJ$0.014102.40%MonthlyHorizons Dividend ETFHAL$0.035003.56%MonthlyHorizons Global Dividend ETFHAZ$0.032003.13%MonthlyHorizons Preferred Share ETFHPR$0.036584.20%MonthlyHorizons Floating Rate Bond ETFHFR$0.019402.26%MonthlyHorizons U.S. Floating Rate Bond ETF (3) HUF.U$0.021782.53%MonthlyHorizons High Yield Bond ETFHYI$0.059206.57%MonthlyHorizons Australian Dollar Currency ETFASD$0.021822.51%MonthlyADVISOR CLASS UNITSETF NameTicker SymbolDistribution per UnitAnnualized Yield *  FrequencyHorizons Corporate Bond ETFHAB.A$0.027132.99%MonthlyHorizons Active Cdn Bond ETF(1)HAD.A$0.011251.96%MonthlyHorizons Active Advantage Yield ETF(2)HAF.A$0.028153.95%MonthlyHorizons Active Emerging Markets Dividend ETF(1)HAJ.A$0.009131.56%MonthlyHorizons Dividend ETFHAL.A$0.027642.81%MonthlyHorizons Global Dividend ETFHAZ.A$0.024352.38%MonthlyHorizons Preferred Share ETFHPR.A$0.032263.70%MonthlyHorizons Floating Rate Bond ETFHFR.A$0.014751.72%MonthlyHorizons U.S. Floating Rate Bond ETF (3) HUF.V$0.016911.97%MonthlyHorizons High Yield Bond ETFHYI.A$0.054106.00%Monthly* Based on the applicable October 19, 2012 net asset value per unit which is available at www.horizonsetfs.comThe Distributions will vary from period to period.(1) The Class E Units and Advisor Class Units of Horizons Active Cdn Bond ETF and Horizons Active Emerging Markets Dividend ETF began trading on October 11, 2012. The distributions attributable to those units have been prorated from their launch date.(2)Horizons Active Advantage Yield ETF was formerly named as Horizons Tactical Bond ETF.(3)  Distributions for Horizons U.S. Floating Rate Bond ETF are declared and paid in U.S. dollars.  In addition, the names of the ETFs listed below will change as of the close of business on October 31, 2012 and will begin trading on the Toronto Stock Exchange under the new names on November 1, 2012.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 ETFAbout 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 approximately $3.5 billion in assets under management and 79 ETFs listed on the Toronto Stock Exchange, the Horizons ETFs family makes up one of the largest families of ETFs in Canada. Horizons ETFs is a subsidiary of Horizons ETFs Management (Canada) Inc. and a member of the Mirae Asset Financial Group.SOURCE: Horizons Exchange Traded Funds Inc.For further information: Martin Fabregas, Investor Relations, (416) 601-2508 or 1-866-641-5739.