Horizons ETFs Rebalances the Horizons Emerging Marijuana Growers Index ETF (HMJR)

TORONTO, March 29, 2019 /CNW/ - Horizons ETFs Management (Canada) Inc. ("Horizons ETFs") has completed the quarterly rebalance of the constituent holdings of the Horizons Emerging Marijuana Growers Index ETF ("HMJR:NEO").

HMJR seeks to replicate, to the extent possible, the performance of the Emerging Marijuana Growers Index, net of expenses. The Emerging Marijuana Growers Index is designed to provide exposure to the performance of a basket of primarily North American publicly listed small-capitalization companies primarily involved in the cultivation, production and/or distribution of marijuana.

HMJR invests in small-market-capitalization companies with market capitalizations generally between CAD $50 million and CAD $500 million. The ETF's portfolio is 100% invested in marijuana producers and distributors, and it can have exposure to companies outside of North America.

The HMJR portfolio recently expanded to include the following constituents:

"The Marijuana equity sector continues to expand globally. This quarter, we saw the portfolio add another 15 new stocks, including its first Israeli-listed company, Together Pharma Ltd.," said Steve Hawkins, President and CEO of Horizons ETFs. "As the Marijuana equity sector expands globally with increased legalization of medical and recreational cannabis, we anticipate the universe of eligible names for HMJR to continue to grow."

The holdings of HMJR and its current portfolio weights are regularly updated and available at www.HorizonsETFs.com/HMJR. It is important to note that HMJR may not hold all of the constituent names in its index. The manager of the ETF, through the use of a stratified sampling strategy, may invest in securities that closely match the investment characteristics of the ETF's index, provided they are consistent with the ETF's investment objectives and strategies.

About Horizons ETFs Management (Canada) Inc. (www.HorizonsETFs.com)

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 family 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 has more than $10 billion of assets under management and 86 ETFs listed on major Canadian stock exchanges. Horizons ETFs Management (Canada) Inc. is a member of the Mirae Asset Global Investments Group.

Horizons ETFs is a member of Mirae Asset Global Investments. Commissions, management fees and expenses all may be associated with an investment in the Horizons Emerging Marijuana Growers Index ETF ("the ETF") managed by Horizons ETFs Management (Canada) Inc. The ETF is not guaranteed, its values change frequently and past performance may not be repeated. The prospectus contains important detailed information about the ETF. Please read the prospectus before investing.

SOURCE Horizons ETFs Management (Canada) Inc.