BetaPro Management Inc. announces revamped Agricultural and Base Metals Equity ETFs to start trading on the TSX on August 25, 2009



    TORONTO, Aug. 21 /CNW/ - Jovian Capital Corporation ("Jovian") (TSX: JOV)
and its subsidiary BetaPro Management Inc. ("BetaPro") are pleased to announce
that on August 25, 2009, the HBP DJ-AIG(SM) Agricultural Grains Bear Plus ETF,
and HBP DJ-AIG(SM) Agricultural Grains Bull Plus ETF (the "Agricultural ETFs")
will change their underlying indices so that each will track the daily
performance of the S&P Agribusiness North America Index(TM) and the HBP
S&P/TSX Global Mining(TM) Bear Plus ETF and HBP S&P/TSX Global Mining(TM) Bull
Plus ETF (the "Metals ETFs") will change their underlying indices so that each
will track the daily performance of the S&P/TSX Global Base Metals Index(TM).
Changes to the underlying indices, investment objectives, principal investment
strategies, and names of these ETFs follow previously granted Unitholder
approval.

    
    -------------------------------------------------------------------------
               Former ETF                        New ETF               Ticker
    -------------------------------------------------------------------------
    HBP DJ-AIG(SM) Agricultural         HBP S&P Agribusiness North       HAU
    Grains Bull Plus ETF                America(TM) Bull Plus ETF
    -------------------------------------------------------------------------
    HBP DJ-AIG(SM) Agricultural         HBP S&P Agribusiness North       HAD
    Grains Bear Plus ETF                American(TM) Bear Plus ETF
    -------------------------------------------------------------------------
    HBP S&P/TSX Global Mining(TM)       HBP S&P/TSX Global Base          HMU
    Bull Plus ETF                       Metals(TM) Bull Plus ETF
    -------------------------------------------------------------------------
    HBP S&P/TSX Global Mining(TM)       HBP S&P/TSX Global Base          HMD
    Bear Plus ETF                       Metals(TM) Bear Plus ETF
    -------------------------------------------------------------------------
    

    By moving to new indices, BetaPro believes the Agricultural ETFs and
Metals ETFs will provide investors with a pure play on their respective equity
sectors, and may benefit from improved market liquidity because public trading
of the equity issuers in the indices and the stock exchanges where they are
listed will close each day at the same time. Tickers for the four ETFs will
remain the same.
    "BetaPro's decision to move to Standard & Poor's indices validates the
relevance and importance of our investable benchmarks in this space," said
Jasmit Bhandal, Director, Business Development of Standard & Poors.
    "These equity based indices will provide investors with more direct and
precise access to the agribusiness and base metals markets," said Howard
Atkinson, President of BetaPro. "The coincidental trading hours of the index
constituents and the ETFs themselves should enhance liquidity and improve ETF
efficiencies."

    About the Indices

    S&P Agribusiness North America Index(TM)

    The S&P Agribusiness North America Index(TM) is designed to provide
liquid exposure to the upstream and downstream supply chain of the
agribusiness sector. The S&P Agribusiness North America Index(TM) includes
some of the largest publicly-traded agribusiness companies trading on the U.S
and Canadian exchanges. To ensure investability, constituents must have a
developed market listing and meet minimum market capitalization and liquidity
requirements. The S&P Agribusiness North America Index(TM) has a daily market
close that is at the same 4 pm Eastern time as the daily net asset value
calculation of the Agricultural ETFs, which is expected to be more useful to
investors and foster greater liquidity.

    S&P/TSX Global Base Metals Index(TM)

    The S&P/TSX Global Base Metals Index(TM) is a subset of the S&P/TSX
Global Mining Index(TM). The S&P/TSX Global Base Metals Index(TM) is designed
to provide an investable index of global securities involved in the production
or extraction of base metals, which excludes gold. To ensure investability,
constituents must meet minimum market capitalization and liquidity
requirements.

    About BetaPro Management Inc.

    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 inverse ETFs, and single 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
one times the inverse of their specified underlying index or benchmark. The
HBP 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
August 14, 2009, approximately $2.4 billion amongst 38 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
(AlphaPro Management Inc., BetaPro Management Inc., Horizons Funds Inc.,
JovFunds Inc., JovFunds Management Inc., JovInvestment Management Inc., Leon
Frazer & Associates Inc., MGI Securities Inc., MGI Securities (USA) Inc., MGI
Financial Inc., T.E. Wealth and Felcom Data Services Inc.) manages $12.5
billion of client assets ($6.0 billion in assets under management and $6.5
billion in assets under administration). Additional information is available
at www.sedar.com.




For further information:

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

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Jovian Capital Corporation

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BetaPro Management Inc.

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