BetaPro Management Inc. Launches New Suite of HBP Single ETFs on TSX



    TORONTO, June 25 /CNW/ - Jovian Capital Corporation ("Jovian") (JOV:TSX)
and its subsidiary BetaPro Management Inc. ("BetaPro") are pleased to announce
the listing of four new commodity-based Horizons BetaPro Single Exchange
Traded Funds ("HBP Single ETFs") on the Toronto Stock Exchange.
    The HBP Single ETFs are expected to track the long-term performance of
their underlying benchmarks, less applicable fees and expenses, as there is no
daily rebalancing and no leverage used.
    "Due to advisor and investor interest, we have added commodity-based
non-leveraged ETFs to our suite of investment solutions," said Howard
Atkinson, President of BetaPro Management Inc. "The roll methodology we have
selected for each commodity has shown to track closer to spot prices than
rolling to the nearby future."

    
    The new HBP Single ETFs and their ticker symbols are:

    Horizons BetaPro COMEX(R) Silver ETF ("HBP COMEX(R) Silver ETF")   (HUZ)
    Horizons BetaPro COMEX(R) Gold ETF ("HBP COMEX(R) Gold ETF")       (HUG)
    Horizons BetaPro Winter-Term NYMEX(R) Crude Oil ETF
    ("HBP Winter NYMEX(R) Crude Oil ETF")                              (HUC)
    Horizons BetaPro Winter-Term NYMEX(R) Natural Gas ETF
    ("HBP Winter NYMEX(R) Natural Gas ETF")                            (HUN)
    

    Each HBP Single ETF is designed to provide investment results, before
fees, expenses, distributions, brokerage commissions and other transaction
costs, that endeavour to correspond to the performance of its specified
underlying index. The HBP COMEX(R) Silver ETF and HBP COMEX(R) Gold ETF will
use the COMEX(R) silver futures contract for a subsequent delivery month and
the COMEX(R) gold futures contract for a subsequent delivery month,
respectively, as its underlying index, and the HBP Winter NYMEX(R) Crude Oil
ETF and HBP Winter NYMEX(R) Natural Gas ETF will use the NYMEX(R) light sweet
crude oil futures contract for the next December delivery month, and the
NYMEX(R) natural gas futures contract for the next January delivery month,
respectively, as its underlying index. Currently, the NYMEX(R) light sweet
crude oil futures contract will be rolled each June to the next December
futures contract and the NYMEX(R) natural gas futures contract will be rolled
each November to the next January futures contract. The HBP Single ETFs are
denominated in Canadian dollars. Any U.S. dollar gains or losses as a result
of each HBP Single ETF's investment will be hedged back to the Canadian dollar
to the best of the HBP Single ETF's 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 its specified underlying
index.
    BetaPro is a subsidiary of Jovian Capital Corporation and manages
approximately $2.3 billion amongst 36 ETFs as of June 2009.

    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.





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; or Philip Armstrong. C.E.O., Jovian Capital
Corporation, (416) 933-5752

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Jovian Capital Corporation

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BetaPro Management Inc.

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