TORONTO, June 11 /CNW/ - Jovian Capital Corporation (TSX-V: JVN)
("Jovian") and its related company BetaPro Management Inc. are pleased to
announce the launch of the Horizons BetaPro Financials ETFs. The Horizons
BetaPro Financials ETFs are the first exchange traded funds (ETFs) in Canada
to offer inverse and magnified exposure to the S&P/TSX Capped Financials
The Horizons BetaPro S&P/TSX Capped Financials Bull Plus ETF ("HBP
Financials Bull + ETF") (symbol: HFU) is designed to provide daily investment
results, before fees, expenses, distributions, brokerage commissions and other
transaction costs, that endeavour to correspond to two times (200%) the daily
performance of the S&P/TSX Capped Financials Index(R), while the Horizons
BetaPro Capped Financials Bear Plus ETF ("HBP Financials Bear + ETF")
(symbol: HFD) is designed to provide daily investment results, before fees,
expenses, distributions, brokerage commissions and other transaction costs,
that endeavour to correspond to two times (200%) the inverse (opposite) of the
daily performance of the S&P/TSX Capped Financials Index(R). Both HFU and HFD
will be listed on the TSX as of June 12.
"Expanding our line-up to include the Canadian financial sector is an
important step in offering investors even more tools to help manage their
investment portfolios," said Howard Atkinson, President of the Horizons
BetaPro ETFs division.
National Conference Call Details:
With Howard Atkinson
Date: June 12, 2007
Time: 1:00 pm Eastern Time
North American Toll-Free: 1.866.321.6651
Local Dial-In: 416.915.1028
North American Toll-Free: 1.866.244.4494
Access Code: 710912
For further information visit www.HBPETFs.com
About BetaPro Management Inc.
Horizons BetaPro ETFs are managed by BetaPro Management Inc., an
innovative Toronto-based financial services company which provides investment
tools to investors which are designed to allow them to profit when the market
is rising or falling, or to reduce their risk by hedging their existing market
About Jovian Capital Corporation
Jovian is a publicly-traded company listed on the TSX Venture Exchange
(JVN). 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 $14.0 billion of client assets ($4.9 billion
in assets under management and $9.1 billion in assets under administration).
(*)Wealth management entities include Convoy Capital Corporation, JovFunds
Inc., MGI Securities Inc., MGI Securities (USA) Inc. and Rice Financial Group
Inc. (xx)Asset management entities include Accumulus Management Ltd., BetaPro
Management Inc., Charterhouse PSI Management Corporation, DOCP Management
Corp., Horizons Funds Inc., JovInvestment Management Inc., JovFunds Management
Inc., Jovian Asset Management Inc., Leon Frazer & Associates Inc., Pescara
Partners Inc., Taliesin Capital Inc., T.E. Wealth. Financial corporate service
entities include Felcom Data Services Inc. and Services Felcom Data (Quebec)
Inc./Felcom Data Services (Quebec) Inc.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
For further information:
For further information: Don Sangster, Investor Relations, Jovian
Capital Corporation, (416) 933-5744; or Howard Atkinson, President, Horizons
BetaPro ETFs division, (416) 777-5167; Additional information relating to
Jovian is available at www.sedar.com and www.joviancapital.com