Horizons Global Sustainability Leaders Index ETF

ETHI seeks to replicate, to the extent possible, the performance of the Nasdaq Future Global Sustainability Leaders Index (the Underlying Index, Bloomberg ticker: NQFGSLTD), net of expenses. The Underlying Index is designed to provide exposure to the performance of a basket of large cap equity securities of companies that are global climate change leaders (as measured by their relative carbon efficiency), and are not materially engaged in activities deemed inconsistent with responsible investment considerations. ETHI seeks to hedge the U.S. dollar value of its portfolio to the Canadian dollar at all times. To achieve its investment objective, ETHI will be generally invested in equity securities of the constituent issuers of its Underlying Index (the Constituent Issuers), which may include American Depository Receipts (ADRs) or Global Depository Receipts (GDRs) representing equity securities of Constituent Issuers of the Underlying Index.