Horizons ETFs Management (Canada) and its affiliate AlphaPro Management will be terminating the Horizons S&P/TSX 60 130/30 Index ETF effective at the close of business on 26 August 2013.
Effective 26 June, no further direct subscriptions for units of the ETF will be accepted.
20 August 2013 is expected to be the last date on which a redemption request may be placed with the manager, and the ETF is expected to be de-listed from the Toronto Stock Exchange, at the request of the manager, at the close of business on or about 21 August.
All units still held by investors will be subject to a mandatory redemption as of the termination date. Unitholders will receive the proceeds from the liquidation of the assets, less all liabilities and all expenses incurred in connection with the dissolution of the ETF.