Altamira

New and Noteworthy

  • May 14, 2008   National Bank Financial Group is proceeding with its plan to consolidate the activities of Altamira with those of National Bank Securities Inc., as announced in October 2007.
  • March 13, 2008   Please note that the distribution dates for all Altamira funds will be changed to the 25th (or next business day) of the month in which any distributions are expected to be received.
  • October 15, 2007   National Bank of Canada today announced that Altamira will gradually consolidate its activities with those of its parent company over the course of 2008. For National Bank, this represents an essential step towards achieving the goal of accelerating its growth outside the Quebec market.
  • September 04, 2007   Following special meetings of unitholders, Altamira Investment Services Inc. (Altamira) today announced approval of six proposed fund mergers, which will take effect after the close of business on September 7, 2007.
  • August 24, 2007   Altamira Investment Services Inc., manager of the Altamira Mutual Funds, announced that National Bank of Canada has completed the acquisition, announced on August 20th, of all the asset backed commercial paper ("ABCP") held by the Altamira Mutual Funds. The acquisition was made in accordance with the terms of an exemption obtained by the relevant funds from the Canadian Securities Administrators.
  • August 20, 2007   National Bank of Canada today announced that it would acquire all of the asset-backed commercial paper (“ABCP”) held by Altamira Mutual Funds, against payment in cash, subject to regulatory approvals. As a result, our clients can be reassured that the funds will not hold any ABCP until we are convinced of the quality and liquidity of the paper, whether or not it is issued by a major bank.
  • July 11, 2007   Altamira Investment Services has announced today that, for the second time in a few short weeks, the interest rate of the Altamira High Interest CashPerformerTM has been increased. Effective today, the rate is 4%
  • June 29, 2007   Altamira Investment Services today announced six proposed fund mergers.
  • May 28, 2007   Effective today, the interest rate on Altamira High-Interest CashPerformer has been raised by 0.10%, from 3.75% to 3.85%.
  • May 15, 2007   Altamira Mutual Funds files Prospectus Amendment announcing change to 11 Funds
  • April 27, 2007   The interest rate on the Altamira $U.S. High-Interest Cash Performer account has been raised 0.25%, from 4.50% to 4.75%*, making this one of the highest paying US dollar savings accounts on the market.
  • September 07, 2006   Altamira Investment Services today announced net sales of $33.6 million for the month of August 2006.
  • August 24, 2006   Altamira Investment Services today announced the appointment of Howson Tattersall Investment Counsel as portfolio manager of two Altamira Funds effective November 1, 2006.
  • August 03, 2006   Altamira Investment Services today announced net sales of $151.4 million for the month of July 2006.
  • July 05, 2006   Altamira Investment Services today announced net sales of $350.6 million for the month of June 2006.
  • July 04, 2006   National Bank Securities Inc., the manager of the National Bank Mutual Funds, and Altamira Investment Services Inc., the manager of the Altamira Mutual Funds (collectively, the “Funds”), announced today that the independent committee of the Funds has pre-authorized, subject to certain conditions, a program of purchases, sales and continued holdings of the common shares of National Bank of Canada (the “Bank”) by the Funds.
  • June 08, 2006   Altamira Investment Services is pleased to announce an increase in the rate of its popular High-Interest CashPerformer to 3.75%, and the rate of its $U.S. High-Interest CashPerformer to 4.50%.
  • June 02, 2006   Altamira Investment Services today announced net sales of $256.0 million for the month of May 2006.
  • May 01, 2006   Altamira Investment Services today announced net sales of $166.8 million for the month of April 2006.
  • April 20, 2006   Effective today, Altamira Investment Services is pleased to announce an increase in the rate of its popular High-Interest CashPerformer to 3.50%.
  • April 04, 2006   Altamira Investment Services today announced net sales of $332 million for the month of March 2006.
  • April 04, 2006   Effective today, Altamira Investment Services is pleased to announce an increase in the rate of its recently launched $U.S. High-Interest CashPerformer to 4.0%. The rate change will be effective for all existing and new accounts from the first dollar invested.
  • April 03, 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.
  • March 02, 2006   Altamira Investment Services today announced net sales of $432.5 million for the month of February 2006.
  • February 03, 2006   Effective today, Altamira Investment Services is pleased to announce an increase in the rate of High-Interest CashPerformer to 3.25%.
  • February 02, 2006   Altamira Investment Services today announced net sales of $232.1 million for the month of January 2006.
  • January 16, 2006   Effective today, Altamira Investment Services is pleased to announce an increase in the rate of High-Interest CashPerformer to 3.15% and $U.S. High-Interest CashPerformer to 3.75%.
  • January 11, 2006   Altamira Investment Services today announced net sales of $197.7 million for the month of December 2005.
  • December 08, 2005   Altamira Investment Services today announced the launch of the Altamira Global Blue Chip Note.
  • December 07, 2005   Altamira Investment Services today announced net sales of $64.1 million for the month of November 2005.
  • December 01, 2005   Effective today, Altamira Investment Services is pleased to announce an increase in the rate of the Altamira High-Interest CashPerformer to 2.75%.
  • November 07, 2005   Altamira Investment Services today announced net sales of $196.3 million for the month of October 2005.
  • October 24, 2005   Effective today, Altamira Investment Services is pleased to announce an increase in the rate of its High-Interest CashPerformer to 2.5%.
  • October 17, 2005   Altamira Investment Services today announced the launch of the Altamira Canadian Blue Chip Note. The Note is the first in a series the company plans to offer over the coming months.
  • October 04, 2005   Altamira Investment Services today announced net sales of $323.6 million for the month of September 2005.
  • September 01, 2005   Altamira Investment Services today announced net sales of $245.7 million for the month of August 2005.
  • August 03, 2005   Altamira Investment Services today announced net sales of $247.6 million for the month of July 2005.
  • July 25, 2005   Altamira Investment Services is proud to present Altamira Summer Arts – nine evenings of spectacular entertainment at Harbourfront Centre – in collaboration with the Toronto Symphony Orchestra, The National Ballet of Canada and the Canadian Opera Company.
  • July 04, 2005   Altamira clients to benefit from the elimination of the foreign content limit for registered plans.
  • July 04, 2005   Altamira Investment Services today announced net sales of $260.4 million for the month of June 2005.
  • June 01, 2005   Altamira Investment Services today announced net sales of $195.4 million for the month of May 2005.
  • May 05, 2005   Greg A. Reed has announced his decision to resign as President and Chief Executive Officer of Altamira Investment Services and as a Senior Vice-President of National Bank of Canada.
  • May 02, 2005   Altamira Investment Services today announced net sales of $95 million for the month of April, 2005.
  • April 05, 2005   Launched in December of 2004, Altamira's High-Interest CashPerformer is now available to all Canadians through their Financial Advisors.
  • February 28, 2005   Altamira Investment Services Inc., manager of the Altamira family of mutual funds, announced today that it has established an Independent Review Committee (IRC).
  • February 15, 2005   Altamira Investment Services Inc. (Altamira) today announced the appointment of Ballie Gifford Overseas Limited as Sub-Advisor to the Altamira Global Discovery Fund, effective April 1st, 2005.
  • February 01, 2005   Altamira Investment Services Inc. (Altamira) today announced the launch of the Altamira Inflation-Adjusted Bond Fund.
  • December 10, 2004   Toronto (December 10, 2004) CNW – Altamira Investment Services Inc. (Altamira) today announces the following estimated distributions for its mutual funds based on information currently available.
  • December 01, 2004   Altamira Investment Services Inc. (Altamira) today announced the launch of the Altamira High-Interest CashPerformer.
  • November 01, 2004   Altamira Investment Services today announced the launch of the Altamira Energy Fund. Effective immediately, this new fund is available for sale to investors.
  • June 22, 2004   Altamira Summer Arts at Harbourfront Centre features the Canadian Opera Company, The National Ballet of Canadathe Toronto Symphony Orchestra.
  • May 04, 2004   Altamira Investment Services today announced the launch of the Altamira Monthly Income Fund. Effective immediately, this new fund is available for sale to clients.
  • March 01, 2004   Altamira Investment Services today announced that, due to organizational changes at its sub-advisor Natcan, Anne-Marie Thomas will be stepping down as CIO of mutual funds at Natcan.
  • February 19, 2004   Golfing sensation David Toms will be leading a board full of PGA tour professionals, sports personalities and celebrity golfers ready to drive for dough at the 2004 Altamira Charity Challenge in support of Canadian children's charities.
  • September 25, 2003   The National Bank is pleased to announce the appointment of Greg A. Reed as President and Chief Executive Officer of Altamira, a subsidiary of the bank specializing in providing wealth management solutions. As well, he will serve as Senior Vice-President - Personal Banking and Wealth Management of National Bank responsible for branch banking operations West of Quebec.
  • August 06, 2003   Altamira Securities integrates with National Bank Discount Brokerage to offer greatly improved range of products and services
  • July 17, 2003   Termination of Altamira Global Telecommunications Fund, Altamira RSP Japanese Opportunity Fund, Altamira RSP Global Diversified Fund and Altamira RSP Biotechnology Fund