Horizons Enhanced Income International Equity ETF declared monthly distribution for the month ending March 31, 2012. The fund declared a distribution of $0.11279 per class E unit and $0.10626 per advisor class unit. The ex-dividend date for the distributions is anticipated to be March 28, 2012, for all unit holders of record on March 30, 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 April 12, 2012.