TORONTO , Dec. 31, 2013 /CNW/ - Horizons ETFs Management (Canada) Inc. and its affiliate AlphaPro Management Inc. (collectively " Horizons ETFs ") confirm today the annual distribution of capital gains to unitholders of certain of the exchange traded funds that Horizons ETFs manages (the " ETFs ") for the 2013 tax year as indicated in the table below. Please note that this is an update to the estimated annual capital gains distributions previously announced on December 18, 2013. Any ETFs that were previously estimated to have a nil capital gains distribution are confirmed as such. Each of the ETFs is required to distribute any net income and capital gains that they have earned in the year. The annual capital gains distributions will not be paid in cash but will be reinvested and reported as taxable distributions and will be used to increase each unitholder's adjusted cost base for the respective ETF. These amounts are for the annual capital gains distributions and do not include the regular monthly or quarterly cash distributions, as applicable, announced on December 18, 2013 . The ex-dividend date for these distributions was December 27, 2013 , for all unitholders of record on December 31, 2013. In early 2014, the tax characteristics of all distributions for 2013 for the ETFs will be reported to brokers via CDS. ETF Name Ticker Symbol Final Confirmed Annual Capital Gains per Unit Estimated Annual Capital Gains per unit announced on December 18, 2013 Horizons Active Diversified Income ETF HAA $0.84024 $0.84024 HAA.A $0.84033 $0.84033 Horizons Seasonal Rotation ETF HAC $0.78222 $0.78222 HAC.A $0.67730 $0.67730 Horizons Universa Canadian Black Swan ETF HUT $0.14363 $0.14363 HUT.A $0.14350 $0.14350 Horizons Universa US Black Swan ETF HUS.U $1.47157 $1.47157 HUS.V $1.46901 $1.46901 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. With approximately $4.2 billion in assets under management and 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 Financial Group . SOURCE Horizons ETFs Management (Canada) Inc.
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