BetaPro Management Inc. Announces Launch of Horizons BetaPro ETFs based on MSCI Emerging Markets



    TORONTO, July 9 /CNW/ - Jovian Capital Corporation (TSX: JOV) ("Jovian")
and its related company BetaPro Management Inc. ("BetaPro") are pleased to
announce the launch of two new Horizons BetaPro Exchange Traded Funds
("Horizons BetaPro ETFs") based on the MSCI Emerging Markets Index. These
Horizons BetaPro ETFs are the first exchange traded funds ("ETFs") in Canada
to offer inverse and magnified exposure to emerging markets.
    The Horizons BetaPro MSCI Emerging Markets Bull Plus ETF (symbol: HJU) is
designed to provide daily investment results, before fees and expenses, that
correspond to two times (200%) the daily performance of the MSCI Emerging
Markets Index.
    The Horizons BetaPro MSCI Emerging Markets Bear Plus ETF (symbol: HJD) is
designed to provide daily investment results, before fees and expenses, that
correspond to two times (200%) the inverse (opposite) daily performance of the
MSCI Emerging Markets Index.

    "Many investors have increased their portfolio exposure to emerging
markets to capture the above-average growth potential they see," said Howard
Atkinson, President of BetaPro. "But volatility in these markets remains high
and the range of returns across various emerging markets can vary widely. Our
new emerging market ETFs can help investors more effectively manage their
exposure to this important asset class."

    Both ETFs will begin trading on the TSX on July 9, 2008, and will be
denominated in Canadian dollars. Any U.S. dollar gains or losses as a result
of each of these ETFs' investments will be, whenever possible, hedged back to
the Canadian dollar.

    For further information visit www.HBPETFs.com

    
    New HBP ETFs:                                                    Symbol:

    Horizons BetaPro MSCI Emerging Markets Bull Plus ETF             HJU
    Horizons BetaPro MSCI Emerging Markets Bear Plus ETF             HJD

    Current Horizons BetaPro ETFs Line-Up: Symbol:

    Horizons BetaPro S&P/TSX 60(R) Bull Plus ETF                     HXU
    Horizons BetaPro S&P/TSX 60(R) Bear Plus ETF HXD
    Horizons BetaPro S&P/TSX Capped Financials(R) Bull Plus ETF      HFU
    Horizons BetaPro S&P/TSX Capped Financials(R) Bear Plus ETF      HFD
    Horizons BetaPro S&P/TSX Capped Energy(R) Bull Plus ETF          HEU
    Horizons BetaPro S&P/TSX Capped Energy(R) Bear Plus ETF          HED
    Horizons BetaPro S&P/TSX Global Gold(R) Bull Plus ETF            HGU
    Horizons BetaPro S&P/TSX Global Gold(R) Bear Plus ETF            HGD
    Horizons BetaPro S&P/TSX Global Mining(R) Bull Plus ETF          HMU
    Horizons BetaPro S&P/TSX Global Mining(R) Bear Plus ETF          HMD
    Horizons BetaPro NYMEX(R) Natural Gas Bull Plus ETF              HNU
    Horizons BetaPro NYMEX(R) Natural Gas Bear Plus ETF              HND
    Horizons BetaPro NYMEX(R) Crude Oil Bull Plus ETF                HOU
    Horizons BetaPro NYMEX(R) Crude Oil Bear Plus ETF                HOD
    Horizons BetaPro COMEX(R) Gold Bullion Bull Plus ETF             HBU
    Horizons BetaPro COMEX(R) Gold Bullion Bear Plus ETF             HBD
    Horizons BetaPro DJ-AIGSM Agricultural Grains Bull Plus ETF      HAU
    Horizons BetaPro DJ-AIGSM Agricultural Grains Bear Plus ETF      HAD
    Horizons BetaPro S&P 500(R) Bull Plus ETF                        HSU
    Horizons BetaPro S&P 500(R) Bear Plus ETF                        HSD
    Horizons BetaPro NASDAQ-100(R) Bull Plus ETF                     HQU
    Horizons BetaPro NASDAQ-100(R) Bear Plus ETF                     HQD
    Horizons BetaPro U.S. Dollar Bull Plus ETF                       HDU
    Horizons BetaPro U.S. Dollar Bear Plus ETF                       HDD
    Horizons BetaPro U.S. 30-year Bond Bull Plus ETF                 HTU
    Horizons BetaPro U.S. 30-year Bond Bear Plus ETF                 HTD
    

    MSCI Disclaimer

    The funds or securities referred to herein are not sponsored, endorsed,
or promoted by MSCI, and MSCI bears no liability with respect to any such
funds or securities or any index on which such funds or securities are based.
The Prospectus contains a more detailed description of the limited
relationship MSCI has with BetaPro Management Inc. and any related funds.

    S&P Disclaimer

    "Standard & Poor's(R)", "S&P(R)" and "S&P 500(R)" are registered
trademarks of The McGraw-Hill Companies, Inc. and "TSX(R)" is a registered
trademark of the TSX Inc. These marks have been licensed for use by BetaPro
Management Inc. The HBP ETFs are not sponsored, endorsed, sold, or promoted by
Standard & Poor's or TSX Group and its affiliated companies and neither party
make any representation, warranty or condition regarding the advisability of
investing in the HBP ETFs

    NASDAQ Disclaimer

    Nasdaq(R), OMX(TM), Nasdaq-100(R),and Nasdaq-100 Index(R), are registered
trademarks of The NASDAQ OMX Group, Inc.(which with its affiliates is referred
to as the "Corporations") and are licensed for use by Horizons BetaPro
Management Inc.. The ETFs have not been passed on by the Corporations as to
their legality or suitability. The ETFs are not issued, endorsed, sold, or
promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO
LIABILITY WITHRESPECT TO THE ETFs.

    NYMEX/COMEX Disclaimer

    "NYMEX(R) is a registered service mark of New York Mercantile Exchange,
Inc. and COMEX(R) is a registered service mark of Commodity Exchange Inc., and
have been licensed by them for use to BetaPro. The Funds are not sponsored,
endorsed, sold or promoted by New York Mercantile Exchange, Inc. or Commodity
Exchange, Inc., and New York Mercantile Exchange, Inc. and Commodity Exchange,
Inc. make no representation regarding the advisability of investing in the
Funds."

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

    Horizons BetaPro 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. BetaPro currently manages the largest product offering of any
Canadian ETF provider with approximately $1.8 billion amongst 28 ETFs.

    About Jovian Capital Corporation (www.joviancapital.com)

    Jovian acquires, creates and grows financial services companies
specializing in wealth and asset management. The Jovian group of companies
(MGI Securities Inc., MGI Securities (USA) Inc., Rice Financial Group Inc.,
BetaPro Management Inc., Horizons Funds Inc., JovFunds Management Inc.,
JovFunds Inc., JovInvestment Management Inc., Leon Frazer & Associates Inc.,
T.E. Wealth and Felcom Data Services Inc.) manages $15.0 billion of client
assets ($5.8 billion in assets under management and $9.2 billion in assets
under administration). Additional information is available at
www.joviancapital.com and www.sedar.com

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





For further information:

For further information: Don Sangster, Investor Relations, Jovian
Capital Corporation, (416) 933-5744; Howard Atkinson, President, BetaPro
Management Inc., (416) 777-5167

Organization Profile

JOVFUNDS MANAGEMENT INC.

More on this organization

Jovian Capital Corporation

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890