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About Altamira / New and Noteworthy / Newsroom Altamira Press ReleaseAltamira Introduces the Monthly Income FundTORONTO - Altamira Investment Services today announced the launch of the Altamira Monthly Income Fund. Effective immediately, this new fund is available for sale to clients. Designed to provide clients with a higher level of monthly income while emphasizing capital preservation and moderate capital growth, the fund will invest in four assets classes: income trust units; preferred shares; dividend paying common shares; and high yield corporate bonds. "The Altamira Monthly Income Fund is ideal for investors seeking higher monthly payouts than traditional balanced funds, with a targeted yield of 5% and the opportunity for modest capital appreciation." said Ian Dillon, Altamira's Chief Investment Strategist. FUND DETAILS
Jim Huang of Natcan Investment Management Inc., a subsidiary of the National Bank of Canada, will manage the fund. More detailed information can be found at www.altamira.com Altamira is a leading investment services company, offering a wide range of mutual funds, savings products, custom portfolios, and financial planning to both individual investors and institutional clients. Personal attention, expert advice and investment performance are the foundation of Altamira's award-winning client service. The company is headquartered in Toronto with offices across the country, and is a subsidiary of the National Bank of Canada. www.altamira.com |