Altamira

Altamira Press Release

Popular Altamira savings product now available through Financial Advisors

April 5, 2005 (Toronto) Launched in December of 2004, Altamira's High-Interest CashPerformer is now available to all Canadians through their Financial Advisors. At a current interest rate of 2.4%, Altamira High-Interest CashPerformer is one of the highest daily interest accounts in Canada. The product is now available to Financial Advisors through FundServ with a trailing commission of 0.25%.

Greg A. Reed, President and CEO of Altamira Investment Services commented, "Since its December launch High-Interest CashPerformer has proven immensely popular, growing to over $600 million in deposits. Today we are making it available to all Canadians who work with Financial Advisors or Brokers. Any cash sitting in an investor's portfolio can now easily be placed in a CDIC insured, no-fee, high rate savings account."

Altamira High-Interest CashPerformer details:

Investor Features Financial Advisor Features
  • Highly competitive interest rate*
  • Available through FundServ
  • No fees or service charges
  • Trailing commission of 0.25%
  • CDIC insured**
  • No Altamira application required for investment accounts
  • No minimum
  • Dedicated administrative support
  • *The interest rate is an annual rate and subject to change without notice. **Altamira High-Interest CashPerformer holdings are eligible for CDIC insurance, subject to CDIC rules and regulations.

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