frontierAlt All Terrain Global Commodities Fund



    /THIS PRESS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR
    DISTRIBUTION TO U.S. NEWS WIRE SERVICES./

    TORONTO, Sept. 10 /CNW/ - frontierAlt All Terrain Global Commodities Fund
FIM 650 (formerly TFM 650) announced today that the net asset value (NAV) of
the above-mentioned fund will be revised, for the period December 07, 2006 to
date, to correct an oversight by the Manager with respect to implementation of
an MER Cap of 5% for the period in question. To correct this situation, the
Manager will absorb all expenses that exceed the MER Cap. The addition of
monies from the Manager and the resulting re-calculation of the NAV will
result in a taxable event for the fund. The Manager has agreed to pay any
resulting taxes and penalties due on behalf of unit holders. As a result, unit
holders resident in Canada will not be required to re-file taxes or to pay tax
or penalties to CRA. Existing unit holders will be provided with details of
individual status by mail for information and record keeping purposes.
Similarly, investors that redeemed units during the period in question will
also be informed of status and any amounts due by mail.




For further information:

For further information: Asif Khan, Chairman & CEO, frontierAlt Capital
Corporation, Tel: (416) 623-3161, Fax: (416) 360-6202, Email:
akhan@frontieralt.com; Kurankye Sekyi-Otu, Executive Vice-President,
frontierAlt Capital Corporation, Tel: (416) 623-3171, Fax: (416) 360-6202,
Email: ksekyiotu@frontieralt.com; www.frontieralt.com

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