Active Exchange Traded Funds (ETFs) Managed by Horizons Alpha Pro Information

Active Management Meets Exchange Traded Funds

		Seasonal Rotation ETF "HAC" 10.50 -0.05 -0.47% Gartman ETF "HAG" 8.94 +0.05 +0.56% Managed S&P/TSX 60 ETF "HAX" 10.52 +0.02 +0.19% Fiera Tactical Bond Fund "HAF-UN" 9.50 +0.00 +0.00% Income Plus Fund "HAP-UN" 8.40 -0.10 -1.18% S&P/TSX 130/30 ETF "HAH" 10.83 +0.00 +0.00% Dividend ETF "HAL" 10.55 +0.00 +0.00% North American Value ETF "HAV" 10.35 +0.00 +0.00% North American Growth ETF "HAW" 10.74 +0.01 +0.09% Seasonal Rotation ETF "HAC" 10.50 -0.05 -0.47% Gartman ETF "HAG" 8.94 +0.05 +0.56% Managed S&P/TSX 60 ETF "HAX" 10.52 +0.02 +0.19% Fiera Tactical Bond Fund "HAF-UN" 9.50 +0.00 +0.00% Income Plus Fund "HAP-UN" 8.40 -0.10 -1.18% S&P/TSX 130/30 ETF "HAH" 10.83 +0.00 +0.00% Dividend ETF "HAL" 10.55 +0.00 +0.00% North American Value ETF "HAV" 10.35 +0.00 +0.00% North American Growth ETF "HAW" 10.74 +0.01 +0.09%

Active Exchange Traded Funds

The Horizons AlphaPro Funds are actively managed Exchange Traded Funds ("ETFs"), which are similar to traditional mutual funds, but are listed on an exchange. As a result, active ETFs combine the benefits of active management with the traditional structural advantages of ETFs: lower fees, intraday liquidity, and superior tax efficiency.

Select from one of the links below for more detailed information:

Active ETF	Introducing Horizons AlphaPro Active ETF. They're like mutual funds... only better. Every portfolio needs Alpha.
Active ETFs	To find out more about Horizon AlphaPro active ETFs contact your advisor or us directly at 416-933-5745 (1-866-641-5739 toll free) or info@betapro.ca.
Active Exchange Traded Funds	Horizons AlphaPro announced in May 2009 that is has filed a preliminary prospectus with respect to the Horizons AlphaPro Fiera Tactical Bond Fund. This fund is expected to automatically convert into an active exchanged traded fund after June 30, 2010 and before December 31, 2010.
Actively Managed ETFs	In December 2008, the unitholders of the Jov Talisman fund approved the conversion of that fund into an actively managed ETF - one of the first offered in Canada listed on the TSX. The new fund is called the Horizons AlphaPro S&P/TSX 60 ETF.
Canadian ETF	Speaking about the Horizons Alpha Pro Gartman Fund, Dennis Gartman said, "This product will provide Canadian investors with a unique opportunity to invest in an actively managed fund with exposure to our investment strategies and recommendations."
Dennis Gartman	Dennis Gartman, author of The Gartman Letter, has worked in the capital markets since 1974. Since 1987, Mr. Gartman has provided recommendations on the global capital markets in The Gartman Letter, a highly regarded daily macro-economic and trading-oriented newsletter read by the professional investment community including leading global banks, brokerage firms, hedge funds, mutual funds and commodity trading companies. The Gartman Letter provides commentary and investment recommendations on most financial markets, with particular emphasis on fixed income, foreign exchange, equity indices, precious metals, energy and agricultural commodities.
Alpha ETFs	Unlike the average Canadian Equity Fund, which charges an average management fee of 2.65% (Source: GlobeFund), Horizons Alpha ETFs charge a management fee of only 0.70%.
Ron Meisels	Ron Meisels, founder and president of Phases & Cycles, has been an active analyst since 1971. In 2004, he received the A. J. Frost Award at the Conference of the Canadian Society of Technical Analysts (CSTA) in recognition for his outstanding contribution to the development of Technical Analysis, the first Canadian to receive this honour. Ron was ranked among the top three technical analysts by Canadian Institutions for six consecutive years, and is currently a regular guest on BNN, is frequently quoted in The National Post, Bloomberg, Canadian Press and Reuters, and contributes a weekly column to the Globe & Mail.

For actively managed Exchange Traded Funds (ETFs) or an active Canadian ETF alternative to index funds, look to Horizons Alpha Pro.

3/10/2010

Commissions, trailing commissions, management fees and expenses all may be associated with Horizons AlphaPro Exchange Traded Funds (the "AlphaPro ETFs") investments. The AlphaPro ETFs are not guaranteed, their values change frequently and past performance may not be repeated. The Horizons AlphaPro S&P/TSX 60 130/30™ ETF (the "AlphaPro 130/30™ ETF") may have exposure to leveraged investment techniques that magnify gains and losses and can result in greater volatility in value and could be subject to aggressive investment risk and price volatility risk, which are described in its prospectus. "Standard & Poor's®" and "S&P®" are registered trademarks of The McGraw-Hill Companies, Inc. and "TSX®" is a registered trademark of the TSX Inc. These marks have been licensed for use by AlphaPro Management Inc. The AlphaPro ETFs are not sponsored, endorsed, sold, or promoted by Standard & Poor's or the TSX Group or their affiliated companies and none of these parties make any representation, warranty or condition regarding the advisability of investing in the AlphaPro ETFs. Complete trademark and servicemark information is available by clicking here. Please read the prospectus before investing.