Horizons AlphaPro Seasonal Rotation ETF Launched

TORONTO , Nov. 18 /CNW/ - Jovian Capital Corporation ("Jovian") (JOV: TSX) and its subsidiary AlphaPro Management Inc. ("AlphaPro") are pleased to announce the launch of the Horizons AlphaPro Seasonal Rotation ETF (the "ETF") which will begin trading on the Toronto Stock Exchange ("TSX") on November 20, 2009 , under the symbol HAC. Jovian is also pleased to announce that Don Vialoux, CMT, and Brooke Thackray, CFP, CIM, have joined subsidiary JovInvestment Management Inc. ("JovInvestment") as research analysts to support the seasonal rotation strategy of the ETF and identify seasonal patterns.

The ETF seeks to provide long-term capital appreciation in all market cycles by tactically allocating its exposure amongst equities, fixed income, commodities and currencies during periods that have historically demonstrated seasonal trends.

"We are pleased that Don and Brooke have chosen AlphaPro to implement their distinctive investment strategies," said Ken McCord, President of AlphaPro. "Investors now have the means to access the leading analysts in this unique field within an actively managed ETF and to benefit from their seasonal rotation strategy."

AlphaPro is the manager and trustee of the ETF and its affiliate JovInvestment is the investment manager of the ETF, responsible for portfolio management. JovInvestment will use the disciplined research of Brooke Thackray and Don Vialoux to seek to gain exposure to the performance of markets and sectors that at various times of the year have historically performed favourably.

"I am excited to have this opportunity to combine my experience in seasonal rotation analysis with the benefits of ETF investing," said Brooke Thackray, analyst for JovInvestment and author of Thackray's 2010 Investor's Guide.

"I look forward to introducing our seasonal rotation strategies to investors through the AlphaPro ETF structure," said Don Vialoux, analyst for JovInvestment and author of the online newsletter www.timingthemarket.ca.

Representatives of AlphaPro and JovInvestment will be ringing the opening bell at the TSX on Friday, November 20, 2009 .

About Brooke Thackray, CFP, CIM

Brooke Thackray has nearly 14 years of investment-related experience, most recently as President of MountAlpha Media, where he has written and published several books, including Thackray's 2009 Investor's Guide and Thackray's 2010 Investor's Guide. He is also the author of a monthly newsletter, Thackray Market Letter. He is a monthly columnist for the Globe and Mail Gold Line Investor and is a regular guest on BNN. Previously he was an investment advisor at major brokerage firms, including TD Waterhouse and RBC Investments. He also co-founded UpWave Media Inc., a financial publishing company. Mr. Thackray has an MBA from York University and has several financial designations, including Certified Financial Planner (CFP) and Canadian Investment Manager (CIM).

About Don Vialoux, CMT

Don Vialoux has 37 years of experience in the investment industry. He is a past President and current Director of the Canadian Society of Technical Analysts (CSTA). He achieved the Chartered Market Technician (CMT) designation in 1996 with a thesis entitled "Seasonality in Canadian Equity Prices." He is a highly regarded expert in technical analysis and provides a daily letter on equity markets at www.timingthemarket.ca, which has visits from 130 countries. He contributes a weekly column in the Financial Post that combines technical, fundamental and seasonal rotation analysis, and is a frequent presenter on BNN. Previously he provided technical analysis services for RBC Investments.

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

AlphaPro is an innovative financial services company specializing in actively managed ETFs with assets under management of approximately $100 million as of 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 manages approximately $2.7 billion in assets as of October 31, 2009 . BetaPro is a subsidiary of Jovian Capital Corporation.

About Jovian Capital Corporation (www.joviancapital.com)

Jovian acquires, creates and grows financial services companies specializing in wealth and asset management. The Jovian group of companies (AlphaPro Management Inc., BetaPro Management Inc., Horizons Exchange Traded Funds Inc., Horizons Funds Inc., JovFunds Management Inc., JovInvestment Management Inc., Leon Frazer & Associates Inc., MGI Financial Inc., MGI Securities Inc., MGI Securities (USA) Inc. and T.E. Wealth) manages approximately $11.5 billion of client assets ( $7.0 billion in assets under management and $4.5 billion in assets under administration). Additional information is available at www.joviancapital.com and www.sedar.com.

For further information: Ken McCord, President, AlphaPro Management Inc., [phone] or 1-866-641-5739; or Don Sangster, Investor Relations, Jovian Capital Corporation, [phone]; or Philip Armstrong, Chief Executive Officer, Jovian Capital Corporation, [phone]