Horizons ETFs Maintains HXT Management Fee at 0.03%

Horizons ETFs Management (Canada) Inc. ("Horizons ETFs") is pleased to announce that it will be extending the four basis point (0.04%) rebate on the annual management fee of the Horizons S&P/TSX 60™ Index ETF ("HXT") so that the effective annual management fee on HXT continues at three basis points (0.03%), plus applicable sales taxes. With the extension of the rebate, HXT remains the lowest-cost Canadian equity ETF in the world. This rebate will remain in effect until at least September 30, 2018.