Horizons Active Cdn Municipal Bond ETF declared a monthly distribution of $0.01921 per unit and $0.01454 per unit on class A shares for the period ending May 31, 2016. The ex-dividend date for the Distributions is anticipated to be May 27, 2016, for all unitholders of record on May 31, 2016.  The Distributions will be paid in cash, or if the unitholder has enrolled in the respective ETF's dividend reinvestment plan (DRIP), reinvested in additional units of the applicable ETF, on or about June 10, 2016.