Horizons ETFs Management (Canada) Inc. and its affiliate AlphaPro Management Inc. announced the distribution of $0.02782 per HFP unit and $0.02294 per HFP. A unit for Horizons Active Floating Rate Preferred Share ETF for the month ending October 31, 2014. The ex-dividend date for the distributions is anticipated to be October 29, 2014, for all unitholders of record on October 31, 2014.

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 November 12, 2014.