Continuing Demand Leads to Launch of CIBC Gartman Global Allocation Deposit Notes, Series 4



    TORONTO, March 31 /CNW/ - Jovian Capital Corporation ("Jovian") (JOV:
TSX) and its wholly-owned subsidiary JovFunds Management Inc. ("JovFunds") are
pleased to announce the launch of the CIBC Gartman Global Allocation Deposit
Notes, Series 4 (the "Notes"). This is the fourth series of Notes which will
be sub-advised by The Gartman Letter, L.C., the publisher of The Gartman
Letter. Its author, Dennis Gartman, is a leading global markets commentator.
    "In response to the continuing demand from both the advisor and retail
investor community, we are delighted to launch Series 4 of the Notes in
conjunction with CIBC and Dennis Gartman," said Adam Felesky, CEO of JovFunds.
    The performance of the Notes will be linked to The Gartman Index IITM, a
proprietary index offering long, short or neutral exposure in various
weightings to any combination of 24 underlying equity, commodity, bond and
currency sub-indices, as selected by Dennis Gartman on a monthly basis. The
Notes are 100% principal protected by CIBC, if held to maturity. The term to
maturity is seven years. The Notes will be available for sale until May 16,
2008.
    "We are extremely proud to be partnering with JovFunds and CIBC on the
4th in a series of CIBC Gartman Global Allocation Notes," said Dennis Gartman,
author of the Gartman Letter. "The first year has proven to be both volatile
and yet profitable. We were fortunate to have understood the dynamics of the
growing global demand for commodities, most notably grains, and to have
profited from those emerging and continued trends."

    For more information:
    Visit: www.jovfunds.com or www.cibcnotes.com
    Email: info@jovfunds.com
    Call: 1.866.514.6603

    About Dennis Gartman and The Gartman Letter L.C.

    Dennis Gartman, the author of The Gartman Letter, has worked in the
capital markets since 1974. Born in Akron, Ohio, Gartman received his B.A.
from the University of Akron and M.A. from North Carolina State University.
After finishing his graduate work in the mid-1970s, he worked as an economist
for Cotton Inc., analyzing cotton supply/demand in the U.S. textile industry.
From there he went to North Carolina National Bank where he traded foreign
exchange and money market instruments. In 1977, Mr. Gartman became the Chief
Financial Futures Analyst for A.G. Becker and Company in Chicago, where he
also served as an independent member of the Chicago Board of Trade, trading in
treasury bond, treasury note and GNMA futures contracts. In 1984, Mr. Gartman
moved to Virginia to run the futures brokerage operation for the Virginia
National Bank, and in 1987 began producing The Gartman Letter on a full-time
basis. Subscribers to The Gartman Letter include some of the top financial
institutions in the world.

    About CIBC (www.cibc.ca)

    CIBC is a leading North American financial institution with nearly 11
million personal banking and business clients. CIBC offers a full range of
products and services through its comprehensive electronic banking network,
branches and offices across Canada, in the United States and around the world.

    About JovFunds Management Inc. (www.jovfunds.com)

    JovFunds provides innovative investment solutions for Canadians through
the creation, distribution and management of high quality investment products.
JovFunds manages and distributes in excess of $1.4 billion in client assets
and is wholly owned by Jovian Capital Corporation.

    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 $14.6 billion of client assets ($5.4 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 Steve Hawkins, Managing Partner,
JovFunds Management Inc., (416) 601-2442

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JOVFUNDS MANAGEMENT INC.

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Jovian Capital Corporation

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