TMXgroup

February 5, 2010

ORIGINAL LISTING

Horizons AlphaPro S&P/TSX 60 130/30™ ETF (the "ETF") - An application has been granted for the original listing in the Industrial category of 505,000 Class E units (the "Units") of the ETF, all of which will be issued and outstanding, and none will be reserved for issuance upon completion of an initial public offering.

Listing of the Units will become effective at 5:01 p.m. on Monday, February 8, 2010 in anticipation of the offering closing prior to the opening on Tuesday, February 9, 2010. The Units will be posted for trading at the opening on February 9, 2010.

The registration and transfer of Units will be affected through the book-entry only system administered by CDS Clearing and Depository Services Inc. Unitholders of the ETF will not have the right to receive physical certificates evidencing their ownership of the Units.

Additional information on the Units may be found in the final prospectus dated February 3, 2010 (the "Prospectus"), which is available at www.SEDAR.com. Capitalized terms not otherwise defined are as defined in the Prospectus.

Stock Symbol: "HAH"
CUSIP: 44044M 10 7
Trading: CDN $

Temporary Market Maker: National Bank Financial Inc.

Other Markets: None

Head Office Address:
26 Wellington Street East
Suite 920
Toronto, Ontario
M5E 1S2

Website: www.hapetfs.com

Email: info@alphapro.ca

Head Office Telephone Number: (416) 933-5745

Fax Number: (416) 777-5181

Investor Relations: Martin Fabregas
Tel: (416) 601-2508
Email: mfabregas@alphapro.ca

Chief Financial Officer: Alex Watters

Secretary: Duriya Patel

Incorporation: The ETF is an open-ended mutual fund trust established under the laws of Ontario. The ETF was created pursuant to a declaration of trust made as of December 31, 2008, as amended November 10, 2009 and February 3, 2010.

Manager and Trustee: AlphaPro Management Inc.

Investment Manager: JovInvestment Management Inc.

Fiscal Year End: December 31

Nature of Business: The ETF seeks investment results, before taxes, expenses, distributions, brokerage commissions and other transactions costs, that endeavour to correspond to the performance of the S&P/TSX 60 130/30 Strategy Index™. The ETF may use equity securities and derivatives, including forward agreements and swaps, to obtain direct or indirect exposure to a basket of equity securities.

Transfer Agent & Registrar: Computershare Investor Services Inc. at its principal office in Toronto.

Distributions and Automatic Reinvestment: The ETF will distribute sufficient net income (including net capital gains) so that the ETF will not be liable for income tax in any given year. The Manager intends, but is under no obligation, to make such distributions, usually on an annual basis. All distributions will be automatically reinvested on behalf of each Unitholder in additional Units which will immediately be consolidated with the Units existing prior to the distribution.

Initial Issuance of Units: Pursuant to the terms of the Prospectus, Units will be issued and sold on a continuous basis and there will be no minimum number of Units that may be issued. Units sold in connection with the initial public offering for the ETF will amount to 505,000 Units at a price of $10.00 per Unit.