Horizons, AlphaPro Launch Black Swan ETFs

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    Horizons Exchange Traded Funds Inc. and its affiliate AlphaPro Management Inc. have launched exchange traded funds that will allow investors to gain exposure to North American stock market indices while providing protection from sudden and significant market declines. The Universa Canadian Black Swan ETF and the Universa US Black Swan ETF are ‘Black Swan ETFs’ and are the first ETFs that pair a tail risk hedge with an equity index investment.