BetaPro Management Inc. Launches New Silver ETFs on TSX

TORONTO, June 30 /CNW/ - Jovian Capital Corporation ("Jovian") (TSX: JOV.TO) and its subsidiary BetaPro Management Inc. ("BetaPro") are pleased to announce the listing of two new commodity-based Horizons BetaPro Exchange Traded Funds ("HBP ETFs") on the Toronto Stock Exchange, the Horizons BetaPro COMEX(R) Silver Bull Plus ETF ("HBP COMEX(R) Silver Bull+ ETF") and the Horizons BetaPro COMEX(R) Silver Bear Plus ETF ("HBP COMEX(R) Silver Bear+ ETF").

"As the number of ETF listings in Canada now exceeds 100 exchange traded funds, Horizons BetaPro is proud to be at the forefront of growth, popularity and diversity of available ETFs," said Howard Atkinson, President of BetaPro.

"Given the immense interest in commodities, advisors and investors are seeking new ways to diversify their portfolios," he continued. "Our new Bull and Bear COMEX(R) Silver Plus ETFs offer investors a new opportunity to access +/-200% of the daily performance of the silver futures contract market in a cost-effective manner."

The HBP COMEX(R) Silver Bull+ ETF (TSX Ticker: HZU) seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times (200%) the daily performance of the COMEX(R) silver futures contract for a subsequent delivery month. The HBP COMEX(R) Silver Bear+ ETF (TSX Ticker: HZD) seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times (200%) the inverse (opposite) of the daily performance of the COMEX(R) silver futures contract for a subsequent delivery month. The HBP COMEX(R) Silver Bull+ ETF and HBP COMEX(R) Silver Bear+ ETFs are denominated in Canadian dollars. Any U.S. dollar gains or losses as a result of these ETFs' investment will be hedged back to the Canadian dollar to the best of the ETFs' 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 their specified underlying index. BetaPro is a subsidiary of Jovian Capital Corporation and manages, as of June 30, 2009, approximately $2.4 billion amongst 38 ETFs.

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