Exchange Bulletin

Horizons Industry 4.0 Index ETF (FOUR) To Trade On Toronto Stock Exchange


November 2, 2018

Issuer:  Horizons Industry 4.0 Index ETF

Security

Symbol

Issued and Outstanding Securities

Reserved Securities

Issue Price

Class A units ("Class A Units")

FOUR

200,001

None

$25.00

Listing category:

Non-Corporate

Trading currency:

CDN$

Transaction:

Initial public offering of Class A Units (the "Offering")

Listing date:

November 5, 2018 (as at 5:01 pm) in anticipation of closing of the Offering.

Anticipated closing date:

November 6, 2018 (prior to the opening)

Posted for trading date:

November 6, 2018 (at the opening) subject to confirmation of closing of the Offering.

Other market(s):

None

Designated market maker:

National Bank Financial Inc.

Security ownership registration:

CDS book-entry only system

Investor relations:

Martin Fabregas

Tel.: (416) 601-2508

mfabregas@horizonsetfs.com

Incorporation:

The ETF is an open-end mutual fund trust established under the laws of Ontario, on October 22, 2018 pursuant to an amended and restated master declaration of trust.

Manager and Trustee:

Horizons ETFs Management (Canada) Inc.

Fiscal year end:

December 31

Nature of business:

The ETF seeks to replicate, to the extent possible, the performance of the Solactive Industry 4.0 Index, net of expenses. The Solactive Industry 4.0 Index is designed to provide exposure to the performance of equity securities of companies that are involved in the transformation of manufacturing and the industrial market through the development or implementation of new technologies and innovations. The ETF seeks to hedge the U.S. dollar value of its portfolio to the Canadian dollar at all times.

Transfer agent and registrar:

AST Trust Company (Canada) at its principal office in Toronto.

Distributions:

The ETF is not expected to make regular cash distributions.

Sponsorship:

Not applicable

Offering document:

Prospectus dated October 22, 2018, which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus.

Initial public offering:

200,001 Class A Units will be issued at a subscription price of $25.00 per Unit. The ETF is authorized to issue an unlimited number of Class A Units, each of which represents an equal, undivided interest in the net assets of the ETF. Class A Units of the ETF are being issued and sold on a continuous basis and there is no maximum number of Class A Units that may be issued.

TSX contact:

Julie K. Shin, Managing Director, Toronto Stock Exchange.