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mondo digitale 1 Horizons ETFs Management (Canada) Inc., the manager and  trustee of the Horizons BetaPro NYMEX® Crude Oil Bull Plus ETF ...


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(HOU:TSX), has announcedthat it intends to consolidate the units of the ETF as indicated in the table below.
 
Unit Consolidation
 
After the close of trading on Friday, November 21, 2014 on the Toronto Stock Exchange (the “TSX”), the units of  the ETF will be consolidated on the basis of  the ratio (the “Consolidation Ratio”) set out below, and will begin trading on a  post  consolidated  basis on  Monday, November 24,  2014,  the effective date of the consolidation:

ETF: Horizons BetaPro NYMEX® Crude Oil Bull Plus ETF

Ticker: HOU

Consolidation Ratio:  1 : 2

When a unit consolidation occurs, the net asset value per unit is increased by the same ratio as the unit consolidation  so that the unit  consolidation  has no impact on the value of the investor’s total unit position. An investor’s cost per unit is also  increased  by the same ratio as the unit  consolidation, although their total cost remains unchanged.
 
Commissions, trailing commissions, management fees and expenses all may be associated with an investment in the ETFs. The ETFs  are  not guaranteed,  their  values change frequently and past performance may not be repeated. Please read the prospectus before investing.
 

Source: ETFWorld.com

WMCR
Wilshire Micro-Cap ETF (based on the Wilshire US Micro-Cap Index)

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