BetaPro Management Inc. Launches New Suite of HBP Single ETFs on TSX

TORONTO, June 25 /CNW/ - Jovian Capital Corporation ("Jovian") (JOV: TSX) and its subsidiary BetaPro Management Inc. ("BetaPro") are pleased to announce the listing of four new commodity-based Horizons BetaPro Single Exchange Traded Funds ("HBP Single ETFs") on the Toronto Stock Exchange.

The HBP Single ETFs are expected to track the long-term performance of their underlying benchmarks, less applicable fees and expenses, as there is no daily rebalancing and no leverage used.

"Due to advisor and investor interest, we have added commodity-based non-leveraged ETFs to our suite of investment solutions," said Howard Atkinson, President of BetaPro Management Inc. "The roll methodology we have selected for each commodity has shown to track closer to spot prices than rolling to the nearby future."

    
    The new HBP Single ETFs and their ticker symbols are:

    Horizons BetaPro COMEX(R) Silver ETF ("HBP COMEX(R) Silver ETF")   (HUZ)
    Horizons BetaPro COMEX(R) Gold ETF ("HBP COMEX(R) Gold ETF")       (HUG)
    Horizons BetaPro Winter-Term NYMEX(R) Crude Oil ETF
    ("HBP Winter NYMEX(R) Crude Oil ETF")                              (HUC)
    Horizons BetaPro Winter-Term NYMEX(R) Natural Gas ETF
    ("HBP Winter NYMEX(R) Natural Gas ETF")                            (HUN)
    

Each HBP Single ETF is designed to provide investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to the performance of its specified underlying index. The HBP COMEX(R) Silver ETF and HBP COMEX(R) Gold ETF will use the COMEX(R) silver futures contract for a subsequent delivery month and the COMEX(R) gold futures contract for a subsequent delivery month, respectively, as its underlying index, and the HBP Winter NYMEX(R) Crude Oil ETF and HBP Winter NYMEX(R) Natural Gas ETF will use the NYMEX(R) light sweet crude oil futures contract for the next December delivery month, and the NYMEX(R) natural gas futures contract for the next January delivery month, respectively, as its underlying index. Currently, the NYMEX(R) light sweet crude oil futures contract will be rolled each June to the next December futures contract and the NYMEX(R) natural gas futures contract will be rolled each November to the next January futures contract. The HBP Single ETFs are denominated in Canadian dollars. Any U.S. dollar gains or losses as a result of each HBP Single ETF's investment will be hedged back to the Canadian dollar to the best of the HBP Single ETF's ability.

About BetaPro Management Inc. (www.HBPETFs.com)

Horizons BetaPro Exchange Traded Funds ("HBP ETFs") are managed by BetaPro Management Inc., Canada's sole provider of investment tools allowing investors to profit when the market is rising or falling, or to reduce their risk by hedging their existing market exposure. HBP ETFs offer three types of structures: Bull+/Bear+ leveraged ETFs, single ETFs, and single inverse ETFs. The HBP Bull+ ETFs and HBP Bear+ ETFs are designed to provide daily investment results, before fees and expenses, that correspond to double the daily performance, or double the inverse daily performance, respectively, of their specified underlying index or benchmark. The HBP Inverse ETFs are designed to provide daily investment results, before fees and expenses, that correspond to the one times the inverse of their specified underlying index or benchmark. The HPB Single ETFs are designed to provide investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to the performance of its specified underlying index.

BetaPro is a subsidiary of Jovian Capital Corporation and manages approximately $2.3 billion amongst 36 ETFs as of June 2009.

About Jovian Capital Corporation

Jovian acquires, creates and grows financial services companies specializing in wealth and asset management. The Jovian group of companies (AlphaPro Management Inc., BetaPro Management Inc., Horizons Funds Inc., JovFunds Inc., JovFunds Management Inc., JovInvestment Management Inc., Leon Frazer & Associates Inc., MGI Financial Inc., MGI Securities Inc., MGI Securities (USA) Inc., T.E. Wealth and Felcom Data Services Inc.) manages approximately $12.0 billion of client assets ($6.0 billion in assets under administration and $6.0 billion in assets under management). Additional information is available at www.joviancapital.com and www.sedar.com.

Contacts

Howard Atkinson
President
BetaPro Management Inc.
(416) 777-5167

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

or Philip Armstrong. C.E.O.
Jovian Capital Corporation
(416) 933-5752