InvestorsHub Logo
Followers 94
Posts 38269
Boards Moderated 7
Alias Born 09/02/2001

Re: originunknown post# 27060

Monday, 12/22/2008 8:52:03 PM

Monday, December 22, 2008 8:52:03 PM

Post# of 27200
I am so screwed!!!!


Horizons BetaPro ETFs to split, consolidate

2008-12-22 17:15 ET - News Release

See News Release (C-HOD) Horizons BetaPro NYMEX Crude Oil Bear Plus ETF

Mr. Howard Atkinson reports

BETAPRO MANAGEMENT INC. ANNOUNCES UNIT SPLIT AND CONSOLIDATIONS

BetaPro Management Inc., the trustee and manager of the exchange traded funds listed in the tables, intends to split or consolidate the units of Horizons BetaPro NYMEX Crude Oil Bear Plus ETF, Horizons BetaPro NYMEX Crude Oil Bull Plus ETF and Horizons BetaPro S&P/TSX Global Gold Bear Plus ETF, as indicated.

SPLIT
ETF Ticker Split ratio

Horizons BetaPro NYMEX Crude Oil Bear Plus ETF HOD 2:1

After the Toronto Stock Exchange has closed for trading on Dec. 31, 2008, the units of Horizons BetaPro NYMEX Crude Oil Bear Plus ETF will be split on the basis of the ratio of 2:1, and will begin trading on a split-adjusted basis on Jan. 2, 2009, and the split will become effective on Jan. 6, 2009, for unitholders of record on that day.

CONSOLIDATIONS
ETF Ticker Consolidation
ratio

Horizons BetaPro NYMEX Crude Oil Bull Plus ETF HOU 1:5
Horizons BetaPro S&P/TSX Global Gold Bear Plus
ETF HGD 1:5


After the TSX has closed for trading on Dec. 31, 2008, the units of the ETFs in the table, "Consolidations," will be consolidated on the basis of the ratio of 1:5, and will begin trading on a consolidated basis on Jan. 2, 2009, the effective date of the consolidations.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.