AlphaPro Management Inc. Announces Launch of Horizons AlphaPro ETFs

    TORONTO, Jan. 6 /CNW/ - Jovian Capital Corporation ("Jovian") (JOV: TSX)
and its subsidiaries AlphaPro Management Inc. ("AlphaPro") and BetaPro
Management Inc. ("BetaPro") are pleased to announce the launch of its new
family of Horizons AlphaPro ETFs ("AlphaPro ETFs"). The AlphaPro ETFs are the
first actively managed Exchange Traded Funds offered in Canada by the same
team of innovators as BetaPro. The Horizons AlphaPro Managed S&P/TSX 60(R) ETF
(HAX: TSX) is the first AlphaPro ETF to be launched.
    Designed for long-term growth, HAX seeks to invest primarily in large
capitalization equity, income trust and equity related securities that are
constituents of the S&P/TSX 60 Index(R). JovInvestment Management Inc.
("JovInvestment"), the portfolio manager, will use proven top-down research to
seek issuers that it believes will be likely to outperform or under-perform
the index and over/underweight those stocks. HAX begins trading tomorrow on
the TSX.
    To manage the HAX portfolio, JovInvestment will use proprietary cycle,
sentiment, and technical research analysis on the S&P/TSX 60 Index(R) provided
by Ron Meisels, President of Phases & Cycles Inc. ("Phases & Cycles"). Phases
& Cycles is one of North America's leading providers of independent investment
research. Mr. Meisels has been an active analyst since 1971 and is the editor
for all Phases & Cycles publications, including its TOP 60(R) portfolio
report, researching the best candidates amongst the S&P/TSX 60 Index(R).
Representatives of AlphaPro ETFs, along with Ron Meisels, will be ringing the
opening bell at the Toronto Stock Exchange tomorrow.
    "Horizons AlphaPro ETFs introduces the next evolution in investing,
providing investors with a new approach to active management that includes all
the benefits of an ETF: intra-day liquidity, tax efficiency and at a lower
cost than traditional mutual funds," said Howard Atkinson, President of
AlphaPro and BetaPro. "We are pleased to be utilizing the proven research
methodology of Ron Meisels, President of Phases & Cycles, in HAX, the first
active ETF in our AlphaPro ETFs family."
    For more information call 1-866-641-5739 or visit

    About AlphaPro Management Inc. (

    Horizons AlphaPro ETFs are managed by AlphaPro Management Inc., an
innovative financial services company specializing in actively managed ETFs.
AlphaPro is a subsidiary of Jovian Capital Corporation. The Horizons AlphaPro
Managed S&P/TSX 60 ETF(R) (HAX: TSX) is the first active ETF to be launched by

    BetaPro Management Inc. (

    Horizons BetaPro Exchange Traded Funds 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 is a subsidiary of Jovian Capital
Corporation and currently manages approximately $1.9 billion amongst 28 ETFs.

    About Jovian Capital Corporation (

    Jovian acquires, creates and grows financial services companies
specializing in wealth and asset management. The Jovian group of companies
(MGI Securities Inc., MGI Securities (USA) Inc., MGI Financial Inc., BetaPro
Management Inc., Horizons Funds Inc., JovFunds Management Inc., JovFunds Inc.,
JovInvestment Management Inc., Leon Frazer & Associates Inc., T.E. Wealth and
Felcom Data Services Inc.) manages $12.0 billion of client assets ($5.0
billion in assets under management and $7.0 billion in assets under
administration). Additional information is available at

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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Horizons BetaPro ETFs

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