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¹ The GSCI® WTI Excess Return Index tracks the nearby futures contract price of West Texas Intermediate crude oil on the New York Mercantile Exchange (NYMEX®).

² Investments made in "Non-Base Currency" of fund will result in investor assuming the associated currency risk. No fund seeks to hedge this exposure.

DISCLAIMER: All Horizons BetaPro Funds use leveraged investment techniques that magnify gains and losses and result in greater volatility in value. All Horizons BetaPro Funds are subject to active investor risk. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Please read the prospectus before investing.

Nasdaq®, Nasdaq-100®, and Nasdaq-100 Index®, are trademarks of The Nasdaq Stock Market, Inc. (which with its affiliates is referred to as the "Corporations") and are licensed for use by Horizons BetaPro Funds and BetaPro Management Inc.. The Fund(s) have not been passed on by the Corporations as to their legality or suitability. The Fund(s) are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE FUND(S).

"Standard & Poor's®" and "S&P®" are trademarks of The McGraw-Hill Companies, Inc. "TSX" is a trademark of the Toronto Stock Exchange. These marks have been licensed for use by Horizons BetaPro Funds and BetaPro Management Inc.. The Fund(s) is/are not sponsored, endorsed, sold or promoted by Standard & Poor's or the Toronto Stock Exchange and neither party makes any representation, warranty, or condition regarding the advisability of investing in the Fund(s).

"Goldman Sachs", "GSCI®", "GSCI® Index" and "Goldman Sachs Commodity Index are trademarks of Goldman, Sachs & Co. and have been licensed for use by BetaPro Management Inc. in connection with the Fund(s).

The Fund(s) is not sponsored, endorsed, sold or promoted by Goldman, Sachs & Co. or any of its affiliates (collectively, "Goldman"). Goldman makes no representation or warranty, express or implied, to the owners of the Fund(s) or any member of the public regarding the advisability of investing in securities generally or in the Fund(s) particularly or the ability of the Goldman Sachs Commodity Index ("GSCI® Index") to track general commodity market performance.