diff --git a/setup/helm/operator/Chart.yaml b/setup/helm/operator/Chart.yaml
index 58604b3..0ed0cd2 100644
--- a/setup/helm/operator/Chart.yaml
+++ b/setup/helm/operator/Chart.yaml
@@ -1,8 +1,8 @@
 apiVersion: v2
 type: application
 name: postgres-operator
-description: Helm-Chart for setting up an instance of CYBERTEC's Postgres operator.
+description: Helm-Chart for setting up an instance of CYBERTEC's Postgres operator (CPO).
 
-appVersion: 0.2.0
-version: 0.2.0
+appVersion: 0.5.0
+version: 0.5.0
 # Note: Make sure you have defined the correct version, based on the crd used
\ No newline at end of file
diff --git a/setup/helm/operator/values.yaml b/setup/helm/operator/values.yaml
index 0540a32..796e7b1 100644
--- a/setup/helm/operator/values.yaml
+++ b/setup/helm/operator/values.yaml
@@ -1,8 +1,8 @@
 ---
 
-# singleNamespace controls where PGO watches for PostgresClusters. When false,
-# PGO watches for and responds to PostgresClusters in all namespaces. When true,
-# PGO watches only the namespace in which it is installed.
+# singleNamespace controls where CPO watches for PostgresClusters. When false,
+# CPO watches for and responds to PostgresClusters in all namespaces. When true,
+# CPO watches only the namespace in which it is installed.
 singleNamespace: false
 
 # debug allows you to enable or disable the "debug" level of logging.