Horizons BetaPro announces options available on two additional ETFs

TORONTO , Dec. 10 /CNW/ - BetaPro Management Inc. ("BetaPro") is pleased to announce that two additional Horizons BetaPro Exchange Traded Funds ("Horizons BetaPro ETFs") will be eligible for options trading, the Horizons BetaPro NYMEX(R) Natural Gas Bull Plus ETF (HNU:TSX) and the Horizons BetaPro NYMEX(R) Natural Gas Bear Plus ETF (HND:TSX). This brings the total number of Horizons BetaPro ETFs with option eligibility to 12. The options will begin trading on the Montréal Exchange on December 14, 2009 .

"Having options available on two of the biggest ETFs in Canada provides investors with additional tools and flexibility to manage their portfolios," said Howard J. Atkinson, President of BetaPro. "Horizons BetaPro ETFs are intelligent solutions that now offer investors further choice with the benefits of options trading."

BetaPro is the largest exchange traded fund ("ETF") provider by number (38 ETFs) and the Horizons BetaPro ETFs are the most highly traded ETFs by share volume in Canada , with approximately 60% of the average daily ETF trading volume on the TSX for the month of October 2009 . BetaPro assets have grown by 539% in 2007, by over 225% in 2008 and 58% YTD in 2009. Horizons BetaPro ETFs are a unique series of investment tools which allow investors to profit or protect in bull and bear markets with exposure to 15 key equity, bond, currency, and commodity benchmarks. BetaPro, the manager of the Horizons BetaPro ETFs, is the sole provider of leveraged, inverse-leveraged and single inverse ETFs in Canada and the world's first provider of leveraged, inverse-leveraged and single inverse commodity ETFs.

For more information on the Horizons BetaPro ETFs that are option eligible, please visit www.HBPETFs.com or www.m-x.ca.

About BetaPro Management Inc.

Horizons BetaPro Exchange Traded Funds are managed by BetaPro Management Inc., Canada's sole provider of investment tools allowing investors to profit when the market is rising or falling, or to reduce their risk by hedging their existing market exposure. Horizons BetaPro ETFs offer three types of structures: Bull+/Bear+ leveraged ETFs, single ETFs, and single inverse ETFs. The Horizons BetaPro Bull+ ETFs and Horizons BetaPro Bear+ ETFs are designed to provide daily investment results, before fees and expenses, that correspond to double the daily performance, or double the inverse daily performance, respectively, of their specified underlying index or benchmark. The Horizons BetaPro Inverse ETFs are designed to provide daily investment results, before fees and expenses, that correspond to the one times the inverse of their specified underlying index or benchmark. The Horizons BetaPro Single ETFs are designed to provide investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to the performance of their specified underlying index.

BetaPro is a subsidiary of Jovian Capital Corporation (JOV:TSX) and manages, as of November 30, 2009 , approximately $2.6 billion amongst 38 ETFs.

For further information: Howard Atkinson, President, BetaPro Management Inc., [phone]; or Martin Fabregas, Sr. Vice President - Sales Operations, Horizons Exchange Traded Funds Inc., [phone]