Hymas announces Canadian Preferred Share Newsletter

    TORONTO, April 17 /CNW/ - Hymas Investment Management Inc. ("HIMI")
announced today that it has initiated a preferred share newsletter, available
to subscribers either resident in Ontario or registered with the Autorité des
marchés financiers. The newsletter will be published following the close of
the Toronto Stock Exchange on the second Friday of each month and will contain
at least one recommendation for each of the major classes of preferred share
currently trading.
    "Preferred shares are a very attractive alternative to corporate bonds
for taxable investors", said James Hymas, President of the firm, "but very
little commentary or analysis of any kind is available. This newsletter will
make it possible for retail investors - and advisors who subscribe - to
approach the market with confidence that all the reasonable alternatives have
been carefully examined prior to a professional, specialist, recommendation."
    Clients have the alternative of purchasing the "Previous Issue", "Next
Issue" and "Full Year Subscription". A full year subscription includes the
previous issue as a bonus.
    Further details are available at www.prefLetter.com; clients may
subscribe on-line and - if they wish - receive the prior issue of the
newsletter via eMail immediately. The first subscription issue of PrefLetter
has been published, prepared as of April 13.
    This service joins www.prefInfo.com, a site providing summary information
regarding over 150 actively trading preferred share issues, and
www.prefBlog.com, a site offering free daily commentary on matters of interest
to Canadian preferred share investors, as HIMI's contribution to efficient
financial markets.
    Many investors will be familiar with Mr. Hymas due to his articles in
Canadian Moneysaver, which seek to communicate the elements of preferred share
investing to smaller investors. Prior to founding HIMI, Mr. Hymas was Chief
Operating Office and portfolio manager at Greydanus, Boeckh & Associates, Inc.
(GBA), responsible for all research and portfolio management activities within
the firm. GBA achieved first quartile fixed income results with a $1.7-billion
bond portfolio until its acquisition by TD Asset Management.
    HIMI also offers analytical software to institutions through
www.prefShares.com, and portfolio management services to accredited investors
through its flagship Malachite Aggressive Preferred Fund, a small unit trust
with a superb six-year audited track record.

For further information:

For further information: James Hymas, (416) 604-4204,

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