BetaPro Management Inc. Announces Launch of Horizons BetaPro ETFs based on U.S. Dollar and U.S. 30-year Bond



    TORONTO, June 25 /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 U.S. Dollar and the U.S. 30-year Bond.
These Horizons BetaPro ETFs are the first exchange traded funds (ETFs) in
Canada to offer inverse and magnified exposure in the currency and fixed
income space.
    The Horizons BetaPro U.S. Dollar Bull Plus ETF ("HBP U.S. Dollar Bull+
ETF")(symbol: HDU) 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 Canadian dollar nearby futures contract
denominated in U.S. dollars.
    The Horizons BetaPro U.S. Dollar Bear Plus ETF ("HBP U.S. Dollar Bear+
ETF") (symbol: HDD) is designed to provide daily investment results, before
fees and expenses, that correspond to two times (200%) the daily performance
of the Canadian dollar nearby futures contract denominated in U.S. dollars.
    The Horizons BetaPro U.S. 30-year Bond Bull Plus ETF ("HBP U.S. 30-year
Bond Bull+ ETF")(symbol: HTU) is designed to provide daily investment results,
before fees and expenses, that correspond to two times (200%) the daily
performance of the nearby futures contract for the U.S. 30-year Bond.
    The Horizons BetaPro U.S. 30-year Bond Bear Plus ETF ("HBP U.S. 30-year
Bond Bear+ ETF") (symbol: HTD) 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 nearby futures contract for
the U.S. 30-year Bond.
    "Adding currency and fixed income coverage to our successful equity and
commodity based ETFs increases the number of investment strategies available
to investors," said Howard Atkinson, President of BetaPro. "Given recent
currency volatility and concerns over the possibility of rising inflation, we
believe our latest ETFs are a timely addition to our growing family of
leveraged and inverse ETFs."
    All four ETFs will begin trading on the TSX on June 25, 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 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

    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
    

    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), OMXTM, 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 $1.75 billion amongst 26
ETFs and 15 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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