Horizons Morningstar Hedge Fund Index ETF Declares Annual Distribution Payable on or About January 13, 2015

Horizons Morningstar Hedge Fund Index ETF announced the annual distribution of $0.55900 per HHF unit and $0.43638 per HHF. A for the December, 2014. The dividend is payable on or about January 13, 2015.

The ex-dividend date for both the Cash Distributions is anticipated to be December 29, 2014, for all unit holders of record on December 31, 2014.