Press Release
Altamira reports May net sales
TORONTO (June 1, 2005) Altamira Investment Services today announced net sales of $195.4 million for the month of May 2005.
Please refer to the following chart for a breakdown of Altamira's net sales for the month of May 2005 and current assets under management.
Altamira May Net Sales
MUTUAL FUNDS
Money-market (short-term) funds
Long-term funds
MUTUAL FUNDS NET SALES
|
-$6.7 million
-$28.0 million
-$34.7 million
|
OTHER INVESTMENT SOLUTIONS
Altamira High-Interest Cash Perfomer
Other non-mutual fund products (GICs)
NON-MUTUAL FUND NET SALES
TOTAL NET SALES |
$230.8 million
-$0.7 million
$230.1 million
$195.4 million |
|
_______________________________
|
|
ALTAMIRA Assets Under Management (May 31, 2005) |
|
Mutual Funds |
$3.7 billion |
Other Investment Solutions
Altamira High-Interest CashPerformer
GICs |
$991 million
$36 million
|
Total Assets Under Management |
$4.7 billion |
Altamira is a leading investment services company, offering a wide range of mutual funds, savings products, managed portfolios and financial planning services. Award-winning client service, product innovation and expert advice define Altamira's distinctive approach to investment management. The company is headquartered in Toronto with offices across the country, and is a subsidiary of the National Bank of Canada.
www.altamira.com
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Media Contact:
Glenn Cooper
Director of Communications
(416) 507-7044
gcooper@altamira.com
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