Canadian CANNAINVESTOR Magazine May 2017 - Page 40


Q) Some of your existing holdings pay dividends (namely, Scott's Miracle-Gro). Are dividends redistributed to unit holders or retained for use by the fund?

A) There is no plan to have dividends paid out on regular basis to investors. It’s possible there could be an end-of-year dividend distribution to unit holders. The ETF will distribute any net income in order to ensure it is not subject to taxation.

Q) I am often asked by investors if I were to recommend one investment, what would it be. So let me spin that and ask you: Why HMMJ over other options?

A) It’s a low-cost, diversified and liquid way for investors of all levels to get access to a young, potentially high-growth industry. For investors who are excited about the current prospects for this industry and don’t want to pick individual names, we see this as the best option for this exposure.

The views/opinions expressed herein may not necessarily be the views of AlphaPro Management Inc. and Horizons ETFs Management (Canada) Inc. All comments, opinions and views expressed are of a general nature and should not be considered as advice to purchase or to sell mentioned securities. Before making any investment decision, please consult your investment advisor or advisors. Horizons ETFs is a member of Mirae Asset Global Investments. Commissions, management fees, expenses and applicable sales taxes all may be associated with an investment in the Horizons Medical Marijuana Life Sciences ETF managed by Horizons ETFs Management (Canada) Inc. (the “ETF”). The ETF is not guaranteed, its value changes frequently and past performance may not be repeated. The Prospectus contains important detailed information about the ETF. Please read the Prospectus before investing. Solactive is a trade name of Solactive AG (“Solactive”) and has been licensed for use by Horizons. The ETF is not sponsored, endorsed, sold or promoted by Solactive and Solactive makes no representation regarding the advisability of investing in the ETF.