Horizons ETFs Announces Closure of Two Volatility-Focused ETFs

Horizons ETFs Management (Canada) Inc. (the "Manager") announced that it will be terminating the BetaPro S&P 500 VIX Short-Term Futures^™ 2X Daily Bull ETF (HVU) and the BetaPro S&P 500 VIX Short-Term Futures^™ Daily Inverse ETF (HVI) (collectively, the "ETFs") effective at the close of business on Monday, June 11, 2018 (the "Termination Date").