Horizons AlphaPro Announces Name Change for Fund Initial Public Offering

TORONTO, Nov. 17 /CNW/ - AlphaPro Management Inc. ("AlphaPro") announced today that it has changed the name of Horizons AlphaPro Inflation/Deflation Protection Fund to Horizons AlphaPro Income Plus Fund (the "Fund"). The Fund's initial public offering consists of Class A and Class F Units.

The terms of the offering and the Preliminary Prospectus for the Fund dated September 30, 2009 remain unchanged.

About AlphaPro Management Inc.

AlphaPro is an innovative financial services company specializing in actively managed ETFs with approximately $100 million in assets under management as at October 31, 2009. AlphaPro is a subsidiary of BetaPro Management Inc. ("BetaPro"). BetaPro is Canada's largest provider of leveraged, inverse leveraged and inverse ETFs. BetaPro managed over $2.7 billion in assets in the BetaPro ETFs as at October 31, 2009. BetaPro is a subsidiary of Jovian Capital Corporation ("Jovian"), a publicly-traded company listed on the Toronto Stock Exchange (the "TSX") (TSX: JOV). Jovian acquires, creates and grows financial services companies specializing in wealth and asset management. The Jovian group of companies is a national financial services organization with approximately $11.5 billion of client assets (approximately $7.0 billion in assets under management and $4.5 billion in assets under administration) as at October 31, 2009.

A preliminary prospectus containing important information relating to these securities has been filed with securities commissions or similar authorities in all provinces and territories of Canada. The preliminary prospectus is still subject to completion or amendment. Copies of the preliminary prospectus may be obtained from your IIROC registered financial advisor. There will not be any sale or any acceptance of an offer to buy the securities until a receipt for the final prospectus has been issued.

SOURCE Horizons AlphaPro

For further information: For further information: please call Ken McCord, President, AlphaPro Management, at (416) 933-5746, or 1-866-641-5739 or visit www.HAPETFs.com

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