USMR ETF to Close

Horizons ETFs Management (US) LLC. announced today that they will be terminating the Horizons US Managed Risk ETF effective at the close of business on September 8, 2017 (Termination Date).

September 8, 2017, is expected to be the last date that Authorized Participants may create and redeem units in USMR. At the request of the manager, the ETF is expected to be de-listed from the New York Stock Exchange at the close of business on or about September 8, 2017, with all units still held by investors being subject to a mandatory redemption as of the Termination Date.

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