Jovian Capital Corp. and its wholly owned subsidiary JovFunds Management Inc. are pleased to announce the launch of two new principal protected notes issued by Société Générale (Canada).

The Gibraltar Enhanced Commodities Deposit Notes, Series 1 and the Gibraltar Global Twin Win Deposit Notes, Series 1, offer unique investments to the Canadian marketplace.

The key added feature of Gibraltar Enhanced Commodities Deposit Notes, Series 1 is that they provide investors with a “boost”, meaning that, at maturity of the notes, if the commodity portfolio return is positive up to 62.5%, investors receive on maturity 162.5% of the principal amount. If, at maturity, the commodity portfolio return exceeds 62.5%, investors receive the full performance value. If, at maturity, the commodity portfolio return is negative, investors will receive the principal amount.

The notes provide investors with access to commodity markets without direct currency exposure and with 100% principal protection at maturity.

The underlying basket of commodities includes aluminum, crude oil, nickel, copper and zinc.

The principal amount of the notes is guaranteed by Société Générale, if held to the five-year term to maturity maturity.

The notes are available for purchase from April 16 to June 8.



The Gibraltar Global Twin Win Deposit Notes, Series 1 provide participation in the performance of a basket of 20 publicly traded global stocks.

The reverse participation feature enables investors to receive a maximum 20% return if the basket loses up to 20%.

The notes provides 100% participation of any positive performance of the basket, at maturity, giving investors an uncapped upside profit potential.

Investors benefit from the principal protection should the basket, at maturity, lose more than 20%.

The notes provide access to 20 global blue chip stocks, and the principal amount of the Notes is guaranteed by Société Générale, if held to the six-year term to maturity.

The notes are available for purchase from April 16 to June 8, 2007.

“These two investment products complement our growing suite of principal protected notes, mutual funds, and alternative investment products,” commented Raj Lala, Managing Partner of JovFunds. “We feel that both of these notes will appeal to investors who are bullish or even unsure of the direction of both commodities as well as blue chip global equities.”

Both notes are 100% RSP eligible, and the minimum investment in is $5,000.