Horizons Enhanced Income International Equity ETF declared the distribution of $0.11401 per unit and $0.10798 per advisor class unit for the period ending April 30, 2012. The ex-dividend date for the distributions is anticipated to be April 26, 2012, for all unitholders of record on April 30, 2012. 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 May 10, 2012.