Jovian, a Leader in Canadian Exchange Traded Funds, Launches the Jov Fiera Tactical Allocation Portfolios using ETFs

TORONTO, May 9 /CNW/ - Jovian Capital Corporation ("Jovian") (JOV: TSX) and its wholly-owned subsidiary JovFunds Management Inc. ("JovFunds") are pleased to announce the launch of the Jov Fiera Tactical Allocation Portfolios (the "Portfolios"). The Portfolios are sub-advised by Fiera Capital Inc. ("Fiera") and are the first prospectus-based funds of Exchange Traded Funds ("ETFs") to be offered in Canada.

"Building on the success of the Horizons BetaPro ETFs, and the growing demand for Exchange Traded Funds, we have developed a series of tactical allocation portfolios which provide the benefits of ETFs, within an asset allocation platform managed by one of Canada's largest independent money managers, Fiera Capital Inc.," said Adam Felesky, CEO of JovFunds.

The Portfolios seek to provide direct or indirect exposure to a combination of global equity, commodity and/or fixed-income markets. These actively managed Portfolios invest primarily in diversified baskets of ETFs to deliver their targeted asset mix.

"Fiera and JovFunds share a strong, innovative spirit and, as such, we are proud to have been chosen to manage these new portfolios," said Jean-Guy Desjardins, Chairman, CEO and CIO of Fiera. "The worldwide emergence of ETFs provides us with an expanded toolkit at a minimal cost to capitalize on our firm's well-established asset allocation process."

The Portfolios are available in three versions: the Jov Fiera Conservative Tactical Portfolio; Jov Fiera Balanced Tactical Portfolio; and the Jov Fiera Growth Tactical Portfolio, which have all been constructed following a disciplined, diversified approach that takes into account an investor's risk profile and investment time horizon. The Portfolios' use of ETFs as the underlying investment tool helps to ensure the tactical allocation matches the respective benchmark returns.

For more information:

Visit: www.jovfunds.com

Email: info@jovfunds.com

Call: 1.866.514.6603

About Fiera Capital Inc. (www.fieracapital.com)

Fiera Capital delivers investment advisory and portfolio management services and products to institutional and retail investors, investment funds, religious and charitable organizations, and high net worth individuals. With approximately $20 billion in assets under management, Fiera Capital is one of the largest independent money managers in Canada, offering depth and expertise in equity and fixed-income management, asset allocation, quantitative strategies and alternative investments.

About JovFunds Management Inc. (www.jovfunds.com)

JovFunds provides innovative investment solutions for Canadians through the creation, distribution and management of high quality investment products. JovFunds manages and distributes in excess of $1.8 billion in client assets and is a member of the Jovian Capital Corporation group of companies.

About Jovian Capital Corporation (www.joviancapital.com)

Jovian is a publicly-traded company listed on the TSX (JOV). Jovian is a management and holding company with interests in a variety of financial service firms specializing in wealth* and asset(xx) management. The Jovian group of companies operates as a national financial services organization with approximately $14.6 billion of client assets ($5.4 billion in assets under management and $9.2 billion in ssets u a nder administration).

    
    * Wealth management entities include MGI Securities Inc., MGI
        Securities (USA) Inc. and Rice Financial Group Inc. (xx)Asset
        management entities include BetaPro Management Inc., Horizons Funds
        Inc., JovFunds Management Inc., JovFunds Inc., JovInvestment
        Management Inc., Leon Frazer & Associates Inc. and T.E. Wealth.
        Financial corporate service entities include Felcom Data Services
        Inc.

    The TSX has not reviewed and does not accept responsibility for the
    adequacy or accuracy of this release.

     Additional information relating to Jovian is available at www.sedar.com
                          and www.joviancapital.com
    

Contacts

Don Sangster
Investor Relations
Jovian Capital Corporation
(416) 933-5744

or Adam Felesky
Chief Executive Officer
JovFunds Management Inc. (416) 933-5739