Horizons ETFs Management (Canada) Inc. and its affiliate AlphaPro Management Inc. announced the estimated distribution of $1.139 per HAC unit and $0.983 per HAC. A unit for Horizons Seasonal Rotation ETF for the 2015 tax year. The ex-dividend date for these distributions is anticipated to be December 29, 2015, for all unitholders of record on December 31, 2015.