AlphaPro Management is converting the Horizons AlphaPro Income Plus Fund to the AlphaPro Income Plus ETF, Stockhouse reports. The fund, which currently trades on the Toronto Stock Exchange, will be de-listed upon completion of the conversion. Barclays Capital Fund Solutions - Americas will sub-advise the Income Plus ETF. The ETF aims to provide holders of Class E Units with not less than semi-annual distributions and the opportunity for capital appreciation in periods of inflation and deflation. Exposure of the fund will be allocated to U.S. government Treasury bonds and U.S. Treasury Inflation-Protected Securities as well as commodities and money market securities. The ETF will aim to hedge its foreign currency exposure at all times.

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