Horizons AlphaPro: Alpha ETFs

Horizons AlphaPro: Alpha ETFs

Unlike the average Canadian Equity Fund, which charges an average management fee of 2.65% (Source: GlobeFund), Horizons Alpha ETFs charge a management fee of only 0.70%.

The AlphaPro ETFs are the first actively managed Exchange Traded Funds offered in Canada by the same team of innovators as BetaPro. The Horizons AlphaPro Managed S&P/TSX 60 ETF (HAX: TSX) is the first AlphaPro ETF to be launched. The fundamental investment objective of this fund is to achieve long-term capital growth by investing primarily in equity securities that are constituents of the S&P/TSX 60.

Horizons AlphaPro Gartman Fund (HAG.UN) has been created to provide investors with the opportunity for capital appreciation through exposure to the investment strategies of The Gartman Letter, L.C., founded by Dennis Gartman. This fund will use equity securities, futures contracts and ETFs to provide long and short exposure to multiple asset classes which may include but are not limited to global equities, commodities, fixed income and currencies.

AlphaPro Management Inc., the manager of the Horizons AlphaPro ETFs, is an innovative financial services company specializing in actively managed exchange traded funds. AlphaPro is a subsidiary of BetaPro Management Inc., Canada's sole provider of leveraged and inverse leveraged exchange traded funds. BetaPro is an indirect subsidiary of Jovian Capital Corporation ("Jovian") a publicly-traded company listed on the TSX (JOV). Jovian is a management and holding company with interests in a variety of financial service firms specializing in wealth and asset management. The Jovian group of companies operates as a national financial services organization with approximately $12.0 billion of client assets ($5.0 billion in assets under management and $7.0 billion in assets under administration).

For actively managed Exchange Traded Funds (ETFs) or an active Canadian ETF alternative to index funds, look to Horizons Alpha Pro.

9/2/2010