BetaPro Management Inc. Announces Launch of Horizons BetaPro ETFs Based on S&P 500(R) and NASDAQ-100(R) Indices



    TORONTO, June 18 /CNW/ - Jovian Capital Corporation (TSX: JOV) ("Jovian")
and its related company BetaPro Management Inc. ("BetaPro") are pleased to
announce the launch of four new Horizons BetaPro Exchange-Traded Funds
("Horizons BetaPro ETFs") based on the S&P 500(R) Index and the NASDAQ-100(R)
Index. These Horizons BetaPro ETFs are the first exchange-traded funds
("ETFs") in Canada to offer inverse and magnified exposure to the U.S. equity
indices.
    The Horizons BetaPro S&P 500(R) Bull Plus ETF ("HBP S&P 500(R) Bull +
ETF")(symbol: HSU) is designed to provide daily investment results, before
fees and expenses, that correspond to two times (200%) the daily performance
of the S&P 500(R) Index.
    The Horizons BetaPro S&P 500(R) Bear Plus ETF ("HBP S&P 500(R) Bear +
ETF")(symbol: HSD) is designed to provide daily investment results, before
fees and expenses, that correspond to two times (200%) the inverse (opposite)
of the daily performance of the S&P 500(R) Index.
    The Horizons BetaPro NASDAQ-100(R) Bull Plus ETF ("HBP NASDAQ-100(R) Bull
+ ETF")(symbol: HQU) is designed to provide daily investment results, before
fees and expenses, that correspond to two times (200%) the daily performance
of the NASDAQ-100 Index(R).
    The Horizons BetaPro NASDAQ-100(R) Bear Plus ETF ("HBP NASDAQ-100(R) Bear
+ ETF")(symbol: HQD) is designed to provide daily investment results, before
fees and expenses, that correspond to two times (200%) the inverse (opposite)
of the daily performance of the NASDAQ-100(R) Index.
    "Exposure to the U.S. Market is essential for a well diversified
portfolio," said Howard Atkinson, President of BetaPro. "The S&P 500(R) and
NASDAQ-100(R) indices are two of the most widely followed U.S. equity
benchmarks and our ETFs tracking them should be adopted very quickly by
Canadian investors."
    All four ETFs will begin trading on the TSX on June 18, 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 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

    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-AIG(SM) Agricultural Grains Bull Plus ETF   HAU
    Horizons BetaPro DJ-AIG(SM) Agricultural Grains Bear Plus ETF   HAD
    

    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 approximately $1.5 billion amongst 22 ETFs
and 14 mutual funds.

    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 $15.0 billion of client assets ($5.8 billion in assets under
management and $9.2 billion in assets under 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.





For further information:

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

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Jovian Capital Corporation

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