HEXO Corp.

Horizons ETFs Management (Canada) and their affiliate AlphaPro Management, Inc., offer the Horizons ETFs family of exchange traded funds. The Horizons ETFs family includes a broadly diversified range of investment tools with solutions for investors of all experience levels to meet their investment objectives in a variety of market conditions. Their products include Alpha ETFs, Benchmark ETFs, and BetaPro ETFs.The Horizon Alpha ETFs are actively managed funds that cover a range of asset classes including Equity Income, Fixed Income, Covered Calls, Currencies, Alternatives, Multi-Asset.The Horizon Benchmark ETFs are indexing evolved funds which cover the following investment types: Equity, Alternatives, Currencies, Commodities, and Total Return Index.The BetaPro ETFs are designed to profit or protect in bull and bear markets. The Bull Plus ETFs include Leveraged Equities (2X), Leveraged Commodities (2X), Leveraged Volatility (2X), and Non-Leveraged Volatility (1X). The Bear Plus ETFs include Inverse Leveraged Equities (-2X), Inverse Leveraged Commodities (-2X), Leveraged Fixed Income (-2X), Inverse Equities (-1X), and Inverse Volatility (-1X).

StoneCastle Investment Management, Inc. seeks to offer their clients access to high-quality funds that provide superior absolute performance while controlling risk. The firm manages 3 separate funds with similar mandates: the StoneCastle Fund, the Ark StoneCastle Stable Growth Fund and the Blumont Premiere Stable Growth Fund. They employ a fundamentally-based, multi-factor, systematic investment selection process.StoneCastle's primary objective is capital preservation and positive returns on an annual basis. Their funds seek to maximize absolute returns on investments through superior security selection (long and short) and asset allocation while using hedging activities to manage market risk. The funds invest in companies across all market-caps and all sectors of the economy. StoneCastle employs a rigorous, risk-controlled quantitative research process to identify investments. Their security selection process centers on an earnings-based approach that seeks to select companies with improving fundamentals, superior earnings, growth potential, unexpected earnings surprises and high relative strength as compared to the relative levels in the market and industry.StoneCastle strategically selects 40 to 50 companies that trade primarily on the Canadian equity markets. In managing their funds, the firm builds smaller concentrated portfolios. StoneCastle does not employ a 'buy and hold' strategy for the entire portfolio, preferring to keep the portfolio as current as possible with the best performing ideas. Stocks that are not performing are sold and replaced with stocks that are.StoneCastle tends to invest in the stocks of US and Canadian small-cap companies in the energy minerals, non-energy minerals, industrial services and electronic technology sectors.

Penserra Capital Management specializes in transition management services and also offers an ETF sub-advisory service. The firm subscribes to the objectivity of statistical models in evaluating the risk and exposure associated with the restructuring of transition portfolios, as well as the construction and maintenance of ETFs. They believe the key to producing a successful portfolio outcome for transition management is capital preservation and for ETF management is low tracking error relative to the benchmark. As such, Penserra analyzes the attributes of the initial portfolio and benchmark portfolios to determine the most risk-averse method for restructuring the client's assets or tracking the benchmark. The firm measures the performance of client portfolios relative to an implementation shortfall benchmark for transition management and relative to tracking difference and tracking error for ETF management.