Horizons Active Emerging Markets Dividend ETF declared a monthly dividend of $0.02237 per HAJ unit and $0.01347 per HAJ. A unit for the period ending May 31, 2015. The ex-dividend date for the Distributions is anticipated to be May 27, 2015, for all unitholders of record on May 29, 2015.

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, 2015.