New Horizons BetaPro Agricultural Grains ETFs Commence Trading



    World's first leveraged and inverse-leveraged ETFs with exposure to the
    DJ-AIG Grains Sub-Index(SM)

    TORONTO, March 12 /CNW/ - Jovian Capital Corporation ("Jovian")
(JOV: TSX) and its related company BetaPro Management Inc. ("BetaPro") are
pleased to announce the launch of two new Horizons BetaPro Exchange-Traded
Funds ("HBP ETFs") covering the agricultural grains commodities.

    
    New Horizons BetaPro Commodity ETFs to commence trading today:    Symbol

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

    The HBP Agricultural Grains Bull+ ETF (HAU) offers twice the daily
performance, while the HBP Agricultural Grains Bear+ ETF (HAD) offers twice
the inverse daily performance of the DJ-AIG Grains Sub-Index(sm), comprised of
soybeans, corn and wheat. Like all Horizons BetaPro Commodity ETFs, these ETFs
will be denominated in CDN Dollars, but offer exposure to returns expressed in
U.S. Dollars, through currency hedging.
    All HBP ETFs trade on the TSX and allow investors to take a position and
gain exposure - long or short - in the underlying benchmark.
    "The interest and demand for the agricultural grains asset class has been
and continues to be a growing trend. We are pleased to offer the world's first
currency-hedged, leveraged and inverse exposure ETFs of their kind," said
Howard J. Atkinson, President of BetaPro. "With HAU and HAD, investors can
exercise their views on raw materials in the food and ethanol fuel markets -
whether those views are bullish or bearish."
    Atkinson continued, "BetaPro now has a portfolio of 18 ETFs products that
provide investors leveraged or inverse exposure across a number of sectors and
market segments. Working with our partners, we intend to develop and launch
other ETFs during 2008."
    "This is the first time the Dow Jones - AIG Grains Sub-Index will serve
as the basis for Canadian ETFs. This index tracks an important commodities
sector whose growing significance is capturing increased attention of
investors worldwide," said Michael A. Petronella, president of Dow Jones
Indexes.

    
    Current Horizons BetaPro ETFs:                                    Symbol

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

    The information above is only a summary of certain aspects of these
investment funds. All Horizons BetaPro ETFs use leveraged investment
techniques that magnify gains and losses and result in greater volatility in
value. All Horizons BetaPro ETFs are subject to active investor risk.
Commissions, trailing commissions, management fees and expenses all may be
associated with mutual fund investments (including ETFs). Mutual funds
(including ETFs) are not guaranteed, their values change frequently and past
performance may not be repeated. Please read the prospectus before investing.
    For further information visit www.HBPETFs.com

    Dow Jones Indexes Disclaimer

    "Dow Jones(R)" "AIG(R)" and "Dow Jones-AIG Agricultural Sub-Index(SM)"
are service marks of Dow Jones & Company, Inc. and American International
Group, Inc. ("American International Group"), as the case may be, and have
been licensed for use by BetaPro Management Inc. The Horizons BetaPro ETFs are
not sponsored, endorsed, sold or promoted by Dow Jones, AIG Financial Products
Corp. ("AIG-FP"), American International Group, or any of their respective
affiliates, and none of Dow Jones, AIG-FP, American International Group, or
any of their respective affiliates, makes any representation regarding the
advisability of investing in the ETFs.

    S&P/TSX Disclaimer

    "Standard & Poor's(R)" and "S&P(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.

    NYMEX Disclaimer

    NYMEX and COMEX are registered trademarks of New York Mercantile
Exchange, Inc. and Commodity Exchange, Inc. and have been licensed by BetaPro
Management Inc. for use by Horizons BetaPro ETFs. Horizons BetaPro NYMEX ETFs
and Horizons BetaPro COMEX ETFs 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. makes no
representation regarding the advisability of investing in the aforementioned
ETFs.

    About BetaPro Management Inc.

    BetaPro Management Inc. is 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
Management Inc. currently manages over $1.1 billion amongst 18 ETFs and
15 mutual funds.

    About Jovian Capital Corporation

    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.

    Media Contacts:
    Joanne Kearney
    Fleishman Hillard Canada
    416-645-8180
    joanne.kearney@fleishman.ca

    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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