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Horizons ETFs Management (Canada) Inc. (“Horizons ETFs“) announced today that it will change the names of two of its thematic index ETFs: the Horizons Blockchain Technology & Hardware Index ETF and the Horizons Canadian Midstream Oil & Gas Index ETF. The name changes and ticker changes described below will take effect at the close of trading today.

The name of the Horizons Blockchain Technology & Hardware Index ETF will be changed to the Horizons Big Data & Hardware Index ETF (“HBGD“). In addition to the name change, the ticker of this ETF will also be changed from BKCH to HBGD. The change in this ETF’s name reflects a change to the name of its underlying index by the index provider, from Solactive Blockchain Technology & Hardware Index to the Solactive Big Data & Hardware Index.

Previous

ETF Name

New

ETF Name

Previous
Ticker

New
Ticker

Horizons Blockchain Technology
& Hardware Index ETF

Horizons Big Data & Hardware
Index ETF

BKCH

HBGD

The Horizons Canadian Midstream Oil & Gas Index ETF will have its name changed to the Horizons Pipelines & Energy Services Index ETF (“HOG“). This ETF will retain the ticker symbol HOG. The change in this ETF’s name reflects a change in its underlying index by the index provider, from Solactive Canadian Midstream Oil & Gas Index to Solactive Pipelines & Energy Services Index.

Previous

ETF Name

New

ETF Name

Ticker

Horizons Canadian Midstream Oil
& Gas Index ETF

Horizons Pipelines & Energy
Services Index ETF

HOG

There are no changes to the index methodologies of, or constituents of, the above-noted underlying indices resulting from the index name changes.

A prospectus that reflects the changes set out above will be filed following the date of this press release, and will be available at www.sedar.com or the Manager’s website at www.horizonsetfs.com.

“Each ETF’s name change reflects a recent change in name of its underlying index,” said Steve Hawkins, President and CEO of Horizons ETFs. “In the case of BKCH, the vast majority of index constituents through 2019 were comprised of semiconductor and IT services companies that are integral to the infrastructure of the larger global big data trend, as well as blockchain. In the case of HOG, while it is still investing in midstream oil and gas companies, these companies are now more commonly known to investors as pipeline and energy services companies.

There are no changes to the management fees of HBGD and HOG. HBGD is also available in a U.S. dollar version under ticker symbol “HBGD.U.”

 

SOURCE Horizons ETFs Management (Canada) Inc.

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