Horizons Enhanced Income International Equity ETF declared the distribution of $0.10116 per unit and $0.09564 per advisor class unit for the period ending June 30, 2012. The ex-dividend date for the Distributions is anticipated to be June 27, 2012, for all unit holders of record on June 29, 2012. The Distributions will be paid in cash or, if the unit holder has enrolled in the respective ETF's dividend reinvestment plan (DRIP), reinvested in additional units of the applicable ETF, on or about July 12, 2012.