HBP S&P/TSX Global Base Metals Bull and Bear Plus ETF

ETF fact sheet

Investment Highlights

The Horizons BetaPro S&P/TSX Global Base Metals™ Bear + ETF (the "HBP S&P/TSX Global Base Metals™ Bear + ETF") seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times (200%) the inverse (opposite) of the daily performance of the S&P/TSX Global Base Metals Index™. If the HBP S&P/TSX Global Base Metals™ Bear + ETF is successful in meeting its investment objective, its net asset value should gain approximately twice as much, on a percentage basis, as any decrease in the S&P/TSX Global Base Metals Index™ when the index declines on a given day. Conversely, the HBP S&P/TSX Global Base Metals™ Bear + ETF's net asset value should lose approximately twice as much, on a percentage basis, as any increase in the index when the index rises on a given day.

Fund Performance as of N/A

HBP S&P/TSX Global Base Metals Bull and Bear Plus ETF net returns for month ended N/A were:

	1 Month	3 Month	6 Month	YTD	1 Year	3 Year	5 Year	Since Inception
Bear	19.87%	-9.63%	-30.60%	19.87%	-71.78%	-	-	-58.16%
Bull	-20.17%	0.90%	16.89%	-20.17%	97.24%	-	-	-30.04%

Historical Returns

The following table shows the cumulative growth of $10,000 initial investment in the fund.

Top Holdings

As of January 31, 2010

BHP Billiton PLC	10.44%
Rio Tinto	10.30%
BHP Billiton Limited	10.20%
Cia Vale Do Rio Doce	9.81%
Teck Resources	9.37%
Freeport McMoran	9.22%
Sterlite Industries (India)	7.92%
Alcoa	7.33%
First Quantum Minerals	3.38%
Southern Copper	2.81%
Total	80.78%

Sub-Advisors

ProShare Advisors LLC

ProShares is part of the $28 billion ProFunds Group, the leader in short and leveraged ETFs and mutual funds, managing approximately 85% of the nation's short and leveraged fund assets. ProFunds Group also includes the family of more than 100 ProFunds mutual funds and manages the Canada-based Horizons BetaPro ETFs. ProFunds Group describes the portfolio managers common to ProFund Advisors LLC, advisor to ProFunds mutual funds; and ProShare Advisors LLC, advisor to ProShares ETFs.

BetaPro Management Inc.

BetaPro Management Inc. (“BetaPro”) is an innovative financial services company and Canada’s sole provider of leveraged and inverse leveraged ETFs. HBP ETFs allow investors to profit or protect in bull and bear markets. The company currently manages over $1.75 billion through 28 ETFs. BetaPro is an associate of Jovian Capital Corporation, a publicly traded management and holding company with interests in a variety of financial service firms specializing in wealth and asset management; listed on the TSX (JOV). The Jovian group of companies operates as a national financial services organization with approximately $14.6 billion of client assets.

Fund Details

Symbol (Bear):	HMD
Symbol (Bull):	HMU
Inception Date:	January 22, 2008
Registered Account Availability:	Yes
Management Fee:	1.15%
Distributions:	n/a