Horizons ETFs Management (Canada) Inc., manager and trustee of the BetaPro S&P 500 VIX Short-Term Futures 2x Daily Bull ETF, says units of that ETF will be consolidated at a ratio of 1:5.

This will occur after close of trading on Friday, Jan. 12, 2018, on the Toronto Stock Exchange. The fund will begin trading on a post-consolidated basis on Monday, Jan. 15, 2018.