Horizons ETFs Management (Canada) Inc. declared monthly distribution for Horizons Active Cdn Municipal Bond ETF of $0.01877 per unit and $0.01409 per unit on class A shares for the period ending July 31, 2016. The ex-dividend date for the distributions is anticipated to be July 27, 2016, for all unitholders of record on July 29, 2016. The distributions will be paid in cash, or if the unitholder has enrolled in the respective ETF's dividend reinvestment plan, reinvested in additional units of the applicable ETF, on or about August 11, 2016.