Horizons ETFs Management (Canada) Inc. and its affiliate AlphaPro Management Inc. declared monthly distribution for Horizons Active Cdn Municipal Bond ETF of $0.01831 per unit and $0.01364 per unit on class A shares for the period ending October 31, 2016. The ex-dividend date for the Distributions is anticipated to be October 27, 2016, for all unitholders of record on October 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 November 10, 2016.