Horizons BetaPro Q1 2010 Advisor Sentiment Survey: Investment advisors remain
bullish
Advisors have become increasingly optimistic on equities, energy stocks and the loonie
"Given that last quarter our respondents correctly called the direction of 12 out of 15 indices - an 80% success rate - their outlook is worth noting," said Howard J. Atkinson, President of BetaPro. "This quarter they are more bullish on the broader Canadian market than on commodities or a specific sector, the first time this has occurred since we started tracking advisor sentiment."
The results of the survey, completed between
BetaPro is the largest exchange traded fund ("ETF") provider by number (38 ETFs) and the Horizons BetaPro ETFs are the most frequently traded ETFs by share volume in
About the Sentiment Survey
BetaPro conducts the only quarterly sentiment survey of Canadian investment advisors. The survey quantitatively measures advisors' quarterly outlook as it relates to 15 key benchmarks covering equities, bonds, currency and commodities. Full survey results are available at http://www.HBPETFs.com/sentimentSurvey.asp.
About BetaPro Management Inc.
Horizons BetaPro Exchange Traded Funds ("HBP ETFs") 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 HBP Bull+ ETFs and HBP 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 HBP 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 HBP 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
For further information: Howard Atkinson, CFA, CIMA, ICD.D, President, BetaPro Management Inc., (416) 777-5167, [email protected]; Michael Gotzmanis, Fleishman-Hillard Canada, (416) 598-5788, [email protected]
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