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(TSE-HZU) - COMEX SILVER BULL PLUS ETF Back
Date Time Headline
March 04, 2011 17:00 BetaPro Management Inc. Announces Unit Splits and Consolidation
BetaPro Management Inc. Announces Unit Splits and ConsolidationCanada
NewsWireTORONTO, March 4

TORONTO, March 4 /CNW/ - BetaPro Management Inc. ("BetaPro"), the manager and
trustee of the Horizons BetaPro COMEXr Copper Bull Plus ETF, Horizons
BetaPro COMEXr Gold Bullion Bull Plus ETF and Horizons BetaPro COMEXr 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 COMEXr Copper Bull Plus
ETF and Horizons BetaPro COMEXr 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: ETFTickerSplit Ratio Horizons BetaPro COMEXr Copper
Bull Plus ETF HKU 2:1 Horizons BetaPro COMEXr 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: ETFTickerConsolidation Ratio Horizons BetaPro COMEXr Silver
Bear Plus ETF HZD 1:4

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.

Martin Fabregas, Sr. Vice-President, Horizons Exchange Traded Funds Inc.,
(416) 601-2508


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