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Exchange Bulletin

Horizons Global Currency Opportunities ETF (HGC) To Trade On Toronto Stock Exchange


July 18, 2016

Issuer: Horizons Global Currency Opportunities ETF

SecuritySymbolCUSIPIssued and Outstanding SecuritiesReserved SecuritiesIssue Price
Class E units ("Class E Units") HGC 44053T 10 0 1,000,001 None $10.00
Listing category: Non-Corporate
Trading currency: CDN$
Transaction: Initial public offering of Class E Units (the "Offering")
Listing date: July 18, 2016 (as at 5:01 pm) in anticipation of closing of the Offering.
Anticipated closing date: July 19, 2016 (prior to the opening)
Posted for trading date: July 19, 2016 (at the opening) subject to confirmation of closing of the Offering.
Other market(s): None
Designated market maker: CIBC World Markets Inc.
Security ownership registration: CDS book entry only system
Investor relations: Martin Fabregas
Tel.: (416) 601-2508
mfabregas@horizonsetfs.com
Corporate Secretary McGregor Sainsbury
Incorporation: Open-ended mutual fund established under the laws of the Province of Ontario on June 28, 2016 pursuant to an amended and restated master declaration of trust.
Manager and Trustee: AlphaPro Management Inc.
Fiscal year end: December 31
Nature of business: The investment objective of the ETF is to seek to generate positive absolute returns through selective exposure to global currency markets. The ETF will generally hold Canadian short-term securities and will primarily use derivative instruments to gain its exposure to selected global currency markets.
Transfer agent and registrar: CST Trust Company at its principal office in Toronto.
Distributions The ETF is not expected to make regular cash distributions. Cash distributions, if any, to Unitholders of the ETF of income, net of fees and expenses, will be made at the discretion of the Manager.
Sponsorship: Not applicable
Offering document: Prospectus dated June 28, 2016, which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus.
Initial public offering: 1,000,001 Class E Units will be issued at a subscription price of $10.00 per Unit. The ETF is authorized to issue an unlimited number of Units, each of which represents an equal, undivided interest in the net assets of the ETF. Units of the ETF are being issued and sold on a continuous basis and there is no maximum number of Units that may be issued.
TSX contact: Julie K. Shin, Director, Listed Issuer Services, Toronto Stock Exchange.