New ETF offers exposure to one of the fastest-growing global equity sectors

TORONTO – November 29, 2017 – Horizons ETFs Management (Canada) Inc. (“Horizons ETFs”) is pleased to announce the launch of the Horizons Robotics and Automation Index ETF (“Horizons ROBO”). Horizons ROBO is the first exchange traded fund (“ETF”) in Canada to offer global exposure to the rapidly growing robotics and automation industry.

Units of the ETF will begin trading today on the Toronto Stock Exchange (“TSX”) under the ticker symbol ROBO.

Horizons Robotics and Automation Index ETF (ROBO)
Management Fee: 0.75% (plus applicable sales taxes)

Horizons ROBO seeks to replicate the performance of the ROBO Global® Robotics and Automation Index (the “Index”). The Index is designed to provide exposure to the performance of equity securities of robotics-related and/or automation-related companies. Horizons ROBO will be mainly invested in the equity securities of issuers within the Index and will seek to hedge its U.S. currency exposure to the Canadian dollar at all times.

Comprising more than 80 stocks focused on the entire robotics and automation industry, the Index includes securities from rapidly developing companies around the world – listings can be found on exchanges in 14 different countries, across 12 sub-sectors. As a rules-based Index, it employs specific investment criteria focused on companies that derive a portion of revenues and profits from robotics-related and/or automation-related products and/or services.

“We could be witnessing the most transformative technological change of our lifetime as robotics and automation start to become integral to much of what we do on a daily basis,” said Steve Hawkins, President and Co-CEO of Horizons ETFs. “Despite the quick ascendency of the Robotics, Automation and Artificial Intelligence sectors, it’s still in its very early days. This could be the largest untapped investment opportunity for Canadian investors, particularly since very few likely own these stocks in their equity portfolios.”

Finding issuers that derive significant revenues from robotics and automation requires substantial expertise and knowledge. It is for this reason Horizons ETFs partnered with ROBO Global LLC (“ROBO Global”), a leading investment research and index provider covering the Robotics, Automation and Artificial Intelligence (“A.I.”) industries. ROBO Global launched the original U.S.-domiciled ROBO Global® Robotics and Automation ETF (“ROBO”) in August 2013, along with its underlying Index.

Year-to-date, the U.S. version of ROBO (listed on the NASDAQ) has been the fastest-growing ETF in the U.S. On January 1, 2017, the U.S. version of ROBO had U.S. $134.7 million in assets under management (“AUM”). By October 31, 2017, it had nearly U.S. $1.7 billion in AUM. The global robotics technology market is expected to reach U.S. $82.7 billion by 2020, according to Allied Market Research (May 2015).

“We’re excited to partner with Horizons ETFs to potentially enhance the portfolios of Canadian investors, by giving them an easier way to access the sector of Robotics, Automation and Artificial Intelligence,” said Travis Biggs, CEO of ROBO Global, U.S. “We feel Horizons ETFs is an excellent partner, based on their success in bringing innovative ETF solutions to Canadians.”

Horizons ROBO has closed its initial offering of units and will begin trading on the TSX when the market opens this morning.

About ROBO Global LLC. (www.ROBOglobal.com)
Based in Dallas, Texas and London, England, ROBO Global created the Index in August 2013 and was the first to track the global robotics and automation market. The ROBO team is focused solely on the research and analysis of robotics and automation companies represented by a group of researchers and industry leaders who are recognized global experts in this area.

About Horizons ETFs Management (Canada) Inc.
Horizons ETFs Management (Canada) Inc. is an innovative financial services company and offers one of the largest suites of exchange traded funds in Canada. The Horizons ETFs product suite includes a broadly diversified range of solutions for investors of all experience levels to meet their investment objectives in a variety of market conditions. Horizons ETFs currently has more than $9 billion of assets under management and 81 ETFs listed on the Toronto Stock Exchange. Horizons ETFs Management (Canada) Inc. is a member of the Mirae Asset Global Investments Group.

For more information:
Olivia Fazekas
Manager, Content Marketing, PR and Social
Horizons ETFs Management (Canada) Inc.
(416) 601-2502
ofazekas@horizonsetfs.com

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Horizons ETFs is a Member of Mirae Asset Global Investments. Commissions, management fees and expenses all may be associated with an investment in exchange traded products managed by Horizons ETFs Management (Canada) Inc. (the "Horizons Exchange Traded Products"). The Horizons Exchange Traded Products are not guaranteed, their values change frequently and past performance may not be repeated. The prospectus contains important detailed information about the Horizons Exchange Traded Products. Please read the relevant prospectus before investing.

The Horizons Exchange Traded Products consist of the Horizons Index ETFs ("Index ETFs"), 2x Daily Bull and -2x Daily Bear ETFs ("2x Daily ETFs"), Inverse ETFs ("Inverse ETFs"), VIX ETFs (defined below) and active ETFs. The 2x Daily ETFs and certain other Horizons Exchange Traded Products use leveraged investment techniques that can magnify gains and losses and may result in greater volatility of returns. These Horizons Exchange Traded Products are subject to leverage risk and may be subject to aggressive investment risk and price volatility risk, which, where applicable, are described in their respective prospectuses. Each 2x Daily ETF seeks a return, before fees and expenses, that is either 200% or -200% of the performance of a specified underlying index, commodity or benchmark (the "Target") for a single day. Each Index ETF or Inverse ETF seeks a return that is 100% or -100%, respectively, of the performance of a Target. Due to the compounding of daily returns, a 2x Daily ETF's or Inverse ETF's returns over periods other than one day will likely differ in amount and possibly direction from the performance of their respective Target(s) for the same period. The Horizons Exchange Traded Products whose Target is the S&P 500 VIX Short-Term Futures Index™ (the "VIX ETFs"), one of which is a 2x Daily ETF and one of which is an Index ETF, as described in their prospectus, are speculative investment tools that are not conventional investments. The VIX ETFs' Target is highly volatile. As a result, the VIX ETFs are not generally viewed as stand-alone long-term investments. Historically, the VIX ETFs' Target has tended to revert to a historical mean. As a result, the performance of the VIX ETFs' Target is expected to be negative over the longer term and neither the VIX ETFs nor their Target are expected to have positive long term performance. Investors should monitor their holdings, as frequently as daily, to ensure that they remain consistent with their investment strategies.

*The indicated rates of return are the historical annual compounded total returns including changes in per unit value and reinvestment of all dividends or distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. The rates of return shown in the table are not intended to reflect future values of the ETF or returns on investment in the ETF. Only the returns for periods of one year or greater are annualized returns.