TORONTO, June 29, 2016 /CNW/ - Horizons ETFs Management
(Canada) Inc. ("Horizons
ETFs") announced today that, as approved at special meetings of
the unitholders of the following ETFs (the "ETFs") held on
June 21, 2016, changes to the
operating expense structure for the ETFs will be implemented on
July 1, 2016.
As described in further detail in the management information
circular dated May 16, 2016, the
change expands the scope of operating expenses that may be payable
by the ETFs.
The ETFs affected by the change are as follows:
|
ETF
|
Ticker
|
|
Horizons BetaPro
NASDAQ-100® Bear Plus ETF
|
HQD
|
|
Horizons BetaPro
NASDAQ-100® Bull Plus ETF
|
HQU
|
|
Horizons BetaPro
S&P 500® Bear Plus ETF
|
HSD
|
|
Horizons BetaPro
S&P 500® Bull Plus ETF
|
HSU
|
|
Horizons BetaPro
S&P 500® Inverse ETF
|
HIU
|
|
Horizons BetaPro
S&P/TSX 60™ Bear Plus ETF
|
HXD
|
|
Horizons BetaPro
S&P/TSX 60™ Bull Plus ETF
|
HXU
|
|
Horizons BetaPro
S&P/TSX 60™ Inverse ETF
|
HIX
|
|
Horizons BetaPro
S&P/TSX Capped Energy™ Bear Plus ETF
|
HED
|
|
Horizons BetaPro
S&P/TSX Capped Energy™ Bull Plus ETF
|
HEU
|
|
Horizons BetaPro
S&P/TSX Capped Financials™ Bear Plus ETF
|
HFD
|
|
Horizons BetaPro
S&P/TSX Capped Financials™ Bull Plus ETF
|
HFU
|
|
Horizons BetaPro
COMEX® Gold Bullion Bear Plus ETF
|
HBD
|
|
Horizons BetaPro
COMEX® Silver Bull Plus ETF
|
HZU
|
|
Horizons BetaPro
NYMEX® Natural Gas Bear Plus ETF
|
HND
|
|
Horizons BetaPro
NYMEX® Natural Gas Bull Plus ETF
|
HNU
|
|
Horizons BetaPro
S&P 500 VIX Short-Term Futures™ ETF
|
HUV
|
|
Horizons BetaPro
S&P 500 VIX Short-Term Futures™ Inverse ETF
|
HVI
|
|
Horizons
COMEX® Gold ETF
|
HUG
|
|
Horizons
COMEX® Silver ETF
|
HUZ
|
|
Horizons
NYMEX® Crude Oil ETF
|
HUC
|
About Horizons ETFs Management (Canada) Inc. (www.HorizonsETFs.com)
Horizons ETFs Management (Canada) Inc. and its affiliate AlphaPro
Management Inc. are innovative financial services companies
offering the Horizons ETFs family of exchange traded funds. 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. Horizons ETFs has more than $6.1
billion of assets under management and with 73 ETFs listed
on the Toronto Stock Exchange, the Horizons ETFs family makes up
one of the largest families of ETFs in Canada. Horizons ETFs Management (Canada) Inc. and AlphaPro Management Inc. are
members of the Mirae Asset Global Investments Group.
SOURCE Horizons ETFs Management (Canada) Inc.