BetaPro Management Inc. Announces Unit Splits and Consolidation

TORONTO, March 4 /CNW/ -- 
TORONTO, March 4 /CNW/ - BetaPro Management Inc. ("BetaPro"), the manager and trustee of the Horizons BetaPro COMEX® Copper Bull
 Plus ETF, Horizons BetaPro COMEX® Gold Bullion Bull Plus ETF and
 Horizons BetaPro COMEX® Silver Bear Plus ETF (the "ETFs"), has announced today that it intends to split or consolidate the
 units of the ETFs, as indicated below:


Unit Splits


After the Toronto Stock Exchange (the "TSX") has closed for trading on Tuesday, March 15, 2011, the units of the
 Horizons BetaPro COMEX® Copper Bull Plus ETF and Horizons BetaPro
 COMEX® Gold Bullion Bull Plus ETF will be subdivided on the basis of
 the ratios (the "Split Ratio") set out below, and will begin trading on a split adjusted basis on
 Wednesday, March 16, 2011, and the splits will become effective on
 March 18, 2011 for unitholders of record on that date:





 _____________________________________________________________________
|                                   ETF            |Ticker|Split Ratio|
|__________________________________________________|______|___________|
|Horizons BetaPro COMEX® Copper Bull Plus ETF      |  HKU |      2:1  |
|__________________________________________________|______|___________|
|Horizons BetaPro COMEX® Gold Bullion Bull Plus ETF|  HBU |      2:1  |
|__________________________________________________|______|___________|




Unit Consolidation


After the TSX has closed for trading on Tuesday, March 15, 2011, the
 units of the following ETF will be consolidated on the basis of the
 ratio (the "Consolidation Ratio") set out below, and will begin trading on a consolidated basis on
 March 16, 2010, the effective date of the consolidation:





 ___________________________________________________________________
|                           ETF          |Ticker|Consolidation Ratio|
|________________________________________|______|___________________|
|Horizons BetaPro COMEX® Silver Bear Plus|  HZD |            1:4    |
|ETF                                     |      |                   |
|________________________________________|______|___________________|




For further information visit www.HBPETFs.com


About BetaPro Management Inc. (www.HBPETFs.com) 


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. HBP ETFs offer four types of structures: Bull+/Bear+
 leveraged ETFs, single ETFs, single inverse ETFs and spread ETFs. Each
 Horizons BetaPro ETF is designed to provide daily investment results,
 before all fees and expenses and costs, that endeavour to correspond to
 either: (i) a multiple or inverse multiple (opposite) of the daily
 performance of a specified underlying index; (ii) the single inverse
 (opposite) of the daily performance of a specified underlying index; 
 (iii) the daily performance of a specified underlying index, or (iv)
 the sum of the daily performance of a specified underlying index and
 the single inverse (opposite) of a second specified underlying index.


BetaPro is a subsidiary of Jovian Capital Corporation and manages, as of
 February 28, 2011, approximately $2.4 billion amongst 49 ETFs.


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pMartin Fabregas, Sr. Vice-President, Horizons Exchange Traded Funds  Inc., [phone]/p

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