BetaPro launches unique family of mutual funds

Client

BetaPro Management Inc.

Date

September 2005

On September 29, 2005, BetaPro Management Inc. announced the launch of a unique family of new mutual funds. The family of ten Horizons BetaPro Funds gives investors the power to profit or protect from the rise or fall in equity markets, interest rates, the US dollar or crude oil. The family is comprised of five long funds – the Bull Plus Funds – and five short funds – the Bear Plus Funds.

The Bull Plus Funds include the S&P/TSX 60® Bull Plus Fund, NASDAQ-100® Bull Plus Fund, Canadian Bond Bull Plus Fund, U.S. Dollar Bull Plus Fund, and Crude Oil Bull Plus Fund. The Bear Plus Funds include the S&P/TSX 60® Bear Plus Fund, NASDAQ-100® Bear Plus Fund, Canadian Bond Bear Plus Fund, U.S. Dollar Bear Plus Fund, and Crude Oil Bear Plus Fund.

Fasken Martineau advised BetaPro Management in the creation of these funds, which as of July 2007 consist of fourteen commodity pools which each track an underlying index on a leveraged basis.