Amendment to December 2016 Annual Non-Cash Reinvested Distribution for Horizons Global Currency

Horizons ETFs Management (Canada) Inc. and its affiliate AlphaPro Management Inc. (collectively "Horizons ETFs") are announcing the following amendment to the year-end annual non-cash reinvested distribution amount per unit (the "Non-Cash Distribution") disclosed for the Horizons Global Currency Opportunities ETF (the "ETF") in the press release dated December 30, 2016.