Horizons ETFs Management (Canada) Inc. and its affiliate AlphaPro Management Inc. declared annual distribution for Horizons Seasonal Rotation ETF of $1.05688 per unit and $0.87844 per unit on class A shares for the period ending December 2016. The ex-dividend date for both the cash and non-cash distributions is anticipated to be December 28, 2016, for all unitholders of record on December 30, 2016. The cash distributions will be paid in cash, or if the unitholder has enrolled in the respective ETF's DRIP, reinvested in additional units of the applicable ETF, on or about January 12, 2017. The non-cash distributions will be effective December 30, 2016.