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About Altamira / New and Noteworthy / Newsroom Press ReleaseIntroducing the Altamira SMART NoteTORONTO (April 3, 2006) Altamira Investment Services today announced the launch of the Altamira SMART Note. The SMART Note is an innovative investment solution that offers fully protected principal and unlimited potential return at maturity, over a seven-year term. The SMART Note consists of three portfolios, each allocated differently to represent varying levels of risk tolerance: conservative, balanced and growth. These portfolios are diversified among the four most common asset classes (equities, bonds, commodities and currencies). When the Note matures, investors will automatically receive the return from the best performing of all three portfolios at the end of a seven-year term, plus their initial investment. If there is not a positive return on any of the portfolios, investors will get their initial investment back. "The market is constantly changing. The SMART Note allows investors peace of mind, without having to spend time worrying about the right portfolio mix and adjusting it to market conditions. In addition, the SMART Note's asset allocation strategy allows the full spectrum of investors, ranging from conservative to aggressive, to benefit from unlimited potential return at maturity," said Ian Dillon, chief investment strategist for Altamira. The issue price is $100 per note with a minimum investment of $500. At maturity, on May 31, 2013, investors may be paid, in addition to their principal, a positive unlimited return corresponding to the best performance of the three portfolios. The Note is eligible for RRSP, RRIF and RESP investments. The Note can be purchased until May 26, 2006 directly from an Altamira Advisor by calling 1.888.ALTAMIRA or by visiting one of our investor centres across Canada. The complete terms of the offering can be found in the Information Statement. Additional details and the Information Statement are available at www.altamira.com Altamira Investment Services is a leading provider of financial and retirement planning services. We offer a wide range of investment solutions including mutual funds, savings accounts, principal-protected notes and managed portfolio 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. The Systematic Maximum Allocation of Returns (SMART) Note is a principal-protected investment redeemable at maturity. Any change in the return of the reference portfolios, which correspond to a change in the return of the underlying assets, will have a direct impact on the return payable. It is possible that no return will be paid. An investment in the Note is subject to a number of risk factors. The complete information related to this issue of the Notes is included in the Information Statement which is available upon request and will be sent to investors. Potential purchasers should consult the Information Statement before investing in the Notes. Media Contact: |
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