TORONTO, June 25 /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 Global Gold ETFs. The Horizons
BetaPro Global Gold ETFs are the first exchange traded funds (ETFs) in Canada
to offer inverse and magnified exposure to the S&P/TSX Global Gold Index(R).
The Horizons BetaPro S&P/TSX Global Gold Bull Plus ETF ("HBP Global Gold
Bull + ETF") (symbol: HGU) is designed to provide daily investment results,
before fees, expenses, distributions, brokerage commissions and other
transaction costs, that correspond to two times (200%) the daily performance
of the S&P/TSX Global Gold Index(R), while the Horizons BetaPro Global Gold
Bear Plus ETF ("HBP Global Gold Bear + ETF") (symbol: HGD) is designed to
provide daily investment results, before fees, expenses, distributions,
brokerage commissions and other transaction costs, that correspond to two
times (200%) the inverse of the daily performance of the S&P/TSX Global Gold
Index(R). Both HGU and HGD will be listed on the TSX as of June 26.
"Our new HBP Global Gold ETFs complement our existing HBP Gold Bull and
Bear Plus Funds, which offer direct exposure to daily price changes in gold
bullion. Now investors can easily manage their exposure to both gold equities
and gold bullion using our ETFs and Funds, respectively," said Howard
Atkinson, President of Horizons BetaPro ETFs, a division of BetaPro Management
Current Horizons BetaPro ETFs Line Up: Symbol:
Horizons BetaPro S&P/TSX 60 Bull Plus ETF HXU
Horizons BetaPro S&P/TSX 60 Bear Plus ETF HXD
Horizons BetaPro S&P/TSX Capped Financials Bull Plus ETF HFU
Horizons BetaPro S&P/TSX Capped Financials Bear Plus ETF HFD
Horizons BetaPro S&P/TSX Capped Energy Bull Plus ETF HEU
Horizons BetaPro S&P/TSX Capped Energy Bear Plus ETF HED
Horizons BetaPro S&P/TSX Global Gold Bear Plus ETF HGU
Horizons BetaPro S&P/TSX Global Gold Bear Plus ETF HGD
For further information visit www.HBPETFs.com
The information above is a summary only of certain aspects of these
investment funds. Please read the Prospectus before investing. Commissions,
trailing commissions, management fees and expenses all may be associated with
mutual fund (including ETF) investments. Mutual funds are not guaranteed,
their values change frequently and past performance may not be repeated.
About BetaPro Management Inc.
Horizons BetaPro ETFs are managed by BetaPro Management Inc., an
innovative Toronto-based financial services company that 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
exposure. BetaPro Management Inc. currently manages over $400 million amongst
8 ETFs and 14 mutual funds.
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 ($5.0 billion
in assets under management and $9.0 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