Horizons AlphaPro Gartman Fund Files Final Prospectus

    TORONTO, Feb. 27 /CNW/ - Jovian Capital Corporation ("Jovian") (TSX: JOV)
and its subsidiary AlphaPro Management Inc. ("AlphaPro") are pleased to
announce the filing of a final prospectus in respect of the initial public
offering of Class A and Class F Units of the Horizons AlphaPro Gartman Fund
(the "Fund") for a maximum offering size of $150 Million. The offering is
expected to close on or about March 26, 2009. The Toronto Stock Exchange
("TSX") has conditionally approved the listing of the Class A units (HAG.UN),
subject to fulfillment of the standard listing requirements of the TSX.
    The Fund has been created to provide investors with the opportunity for
capital appreciation through exposure to the investment strategies of The
Gartman Letter, L.C. ("Gartman"), founded by Dennis Gartman, who is also
author and editor of the daily publication The Gartman Letter(TM).
    "This product will be the newest actively managed Fund launched by
AlphaPro and we are very pleased to be collaborating with Dennis Gartman to
offer this product to Canadian investors," said Howard Atkinson, President of
    The Fund will use equity securities, futures contracts and
exchange-traded funds ("ETFs") to provide the Fund with long and short
exposure to multiple asset classes which may include but are not limited to
global equities, commodities, fixed income and currencies. The net proceeds of
the offering will be invested in an actively managed portfolio of investments
that Gartman believes will provide the greatest opportunity for consistent
capital appreciation through all market and business cycles.
    The Fund is expected to automatically convert into an actively managed
ETF by no later than March 31, 2010.
    "We are pleased to be partnering with AlphaPro to bring this new product
to the Canadian marketplace," said Dennis Gartman, author of The Gartman
Letter. "This product will provide Canadian investors with a unique
opportunity to invest in an actively managed fund with exposure to our
investment strategies and recommendations."
    AlphaPro is the manager and trustee of the Fund and its affiliate
JovInvestment Management Inc. is the investment manager of the Fund,
responsible for implementing the Fund's investment strategies and engaging the
services of Gartman to act as sub-advisor to the Fund.
    The syndicate of agents for the offerings is being led by CIBC World
Markets Inc. and BMO Nesbitt Burns Inc. and includes National Bank Financial
Inc., Scotia Capital Inc., HSBC Securities (Canada) Inc., Dundee Securities
Corporation, Canaccord Capital Corporation, Blackmont Capital Inc., MGI
Securities Inc., Raymond James Ltd., Wellington West Capital Markets Inc.,
Desjardins Securities Inc. and GMP Securities L.P.

    About Dennis Gartman and The Gartman Letter

    Dennis Gartman, the author of The Gartman Letter, has worked in the
capital markets since 1974. Since 1987, Mr. Gartman has provided
recommendations on the global capital markets in the daily publication The
Gartman Letter, a highly regarded daily macro-economic and trading-oriented
newsletter read by the professional investment community including leading
global banks, brokerage firms, hedge funds, mutual funds and commodity trading
companies. The Gartman Letter is written by Mr. Gartman with the assistance of
associates Roy "Chip" Runyon and J. Cameron Robinett. The Gartman Letter
provides commentary and investment recommendations on most financial markets,
with particular emphasis on fixed income, foreign exchange, equity indices,
precious metals, energy and agricultural commodities.

    About AlphaPro Management Inc. (www.hapetfs.com)

    AlphaPro Management Inc., the manager and the trustee of the Horizons
AlphaPro ETFs ("AlphaPro"), is an innovative financial services company
specializing in actively managed ETFs. AlphaPro is a subsidiary of BetaPro
Management Inc. ("BetaPro"). BetaPro is Canada's largest provider of leveraged
and inverse leveraged ETFs. BetaPro managed over $1.9 billion in assets in the
BetaPro ETFs as at December 31, 2008. BetaPro is an indirect subsidiary of
Jovian Capital Corporation ("Jovian"), a publicly-traded company listed on the
Toronto Stock Exchange (TSX symbol - "JOV").

    About Jovian Capital Corporation (www.joviancapital.com)

    Jovian acquires, creates and grows financial services companies
specializing in wealth and asset management. Currently, the Jovian group of
companies (AlphaPro Management Inc., BetaPro Management Inc., Horizons Funds
Inc., JovFunds Inc., JovFunds Management Inc., JovInvestment Management Inc.,
Leon Frazer & Associates Inc., MGI Securities Inc., MGI Securities (USA) Inc.,
MGI Financial Inc., T.E. Wealth and Felcom Data Services Inc.) manages $12.0
billion of client assets ($6.5 billion in assets under management and $5.5
billion in assets under administration). Additional information about Jovian
is available at www.joviancapital.com and www.sedar.com.

For further information:

For further information: Don Sangster, Investor Relations, Jovian
Capital Corporation, (416) 933-5744; or Howard Atkinson, President, AlphaPro
Management Inc., (416) 777-5167

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