McMaster University's DeGroote School of Business announced today a new gift from
Horizons Exchange Traded Funds (ETFs) and its CEO Adam Felesky, which will directly
benefit MBA students by better preparing them for a career in financial services.

Felesky, a McMaster graduate from 1999, and Horizons ETFs together have contributed
$750,000 to create the Felesky MBA Scholarship, the Horizons Exchange Traded Funds
Speaker Series and the Horizons Exchange Traded Funds Investment Decision Centre at
DeGroote's Ron Joyce Centre in Burlington.

“This gift will have a significant and long-lasting impact, facilitating connections with
the investment industry for our students, faculty and alumni and allowing them to
expand their knowledge and experience in this innovative sector,” said Patrick Deane,
President of McMaster University. “We are grateful to Adam Felesky for helping to lead
this wonderful gift to McMaster. He is someone who has had great personal and
professional success and we are very proud of him.”

The gift was announced today at the inaugural event in the speaker series. A sold-out
group of McMaster alumni and investment industry professionals gathered to celebrate
the gift and heard from influential financial expert John Mauldin. Mauldin, an author
whose books have made multiple appearances on New York Times best-seller lists, is a
pioneering online commentator who provides investors with financial information and
guidance.

The speaker series presents an opportunity to hear from leading experts who can share
their knowledge and experience with McMaster students, alumni, and the financial
community.

“At Horizons we have an enduring commitment to helping Canadians become better
investors through education, innovation and access to leading investment strategies,”
said Felesky, who graduated from McMaster in 1999 with a Bachelor of Engineering and
a Bachelor of Arts in Political Science. “That is why we're really excited to be partnering
with the DeGroote School of Business. Their emphasis on academic excellence and
innovation combined with hands-on experience are values we both share and believe
will ultimately create a more educated and successful Canadian investment practitioner.”

The Felesky MBA Scholarship is the largest scholarship offered by the School of Business
and provides $30,000 per year in funding to allow MBA students to pursue their
educational goals.

The Horizons ETFs Investment Decision Centre, based at DeGroote's new Ron Joyce
Centre in Burlington, provides students hands-on exposure to state-of-the art portfolio
management decision-making tools with technology that mirrors a professional
portfolio manager's environment. The Investment Decision Centre gives students the
training, knowledge and skills to be market ready for careers in financial services.

The Ron Joyce Centre, opened in September 2010, is the new home of DeGroote's MBA
and Executive Education programs. Entrepreneur and philanthropist Ron Joyce made an
early commitment to the project, donating $10 million in 2007.