TORONTO, April 16 /CNW/ - Jovian Capital Corporation ("Jovian")
(JVN: TSX-V) and its related company BetaPro Management Inc. are pleased to
announce the filing of a preliminary prospectus for six new Horizons BetaPro
ETFs. The new Horizons BetaPro ETFs filed are:
- Horizons BetaPro S&P/TSX Capped Financials(R) Sector Bull Plus ETF
- Horizons BetaPro S&P/TSX Capped Financials(R) Sector Bear Plus ETF
- Horizons BetaPro S&P/TSX Capped Energy(R) Sector Bull Plus ETF
- Horizons BetaPro S&P/TSX Capped Energy(R) Sector Bear Plus ETF
- Horizons BetaPro S&P/TSX Global Gold(R) Sector Bull Plus ETF
- Horizons BetaPro S&P/TSX Global Gold(R) Sector Bear Plus ETF
The Horizons BetaPro ETFs are the first exchange-traded funds in Canada
to offer inverse and magnified exposure to their respective underlying
indices. "Our existing ETFs, with the ticker symbols HXU and HXD, have been
well received in the marketplace. Expanding our line up to include coverage of
three of the more widely followed Canadian equity sectors offers investors
even more tools to help manage their investment portfolios," said Howard
Atkinson, President of the Horizons BetaPro ETFs division.
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 may allow them to profit when the market is rising or
falling, or to reduce their risk by hedging their existing market exposure.
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 $13.5 billion of client assets ($4.9 billion
in assets under management and $8.6 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., Jove Investment
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