Meritage Portfolios(TM): $500 million in assets under management!

    TORONTO, June 4 /CNW/ - Only months after they were introduced,
Altamira's Meritage Portfolios(TM) have officially reached the $500 million
mark in assets under management.
    The innovative structure of this unique fund-of-funds wrap program has
made it extremely popular among investors in the market for a top-of-the-line
diversified investment solution. Moreover, Meritage Portfolios(TM) offer a
wide variety of profiles that appeal to a broad range of clients. But
certainly, part of this solution's incredible success is due in no small part
to its uniting together of some of the finest portfolio managers with funds
representing a heritage of consistent performance over the long term.
    Altamira President and Chief Executive Officer, Charles Guay takes great
pride in the portfolio lineup's tremendous success. "Our goal was to come up
with some truly sophisticated and unique all-in-one investment solutions and
we are very pleased to see that such a large number of investors have agreed
with our vision", commented M. Guay.

    Meritage Portfolios(TM), are designed with a spirit of independence and
complete transparency, therefore providing advisors with total flexibility.
They also offer extremely competitive MERs and commissions across four
different load structures.
    To obtain further information, we invite you to visit the Meritage
Portfolios(TM) Web site at

    About Altamira

    Altamira Investment Services is a leading provider of financial and
retirement planning services offering 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.

    Commissions, trailing commissions, management fees and expenses all may
be associated with mutual fund investments. Please read the prospectus before
investing. Mutual funds are not guaranteed, their values change frequently and
past performance may not be repeated.

For further information:

For further information: Information and media contact: Crystal
Jongeward, Public Relations Specialist, Tel.: (416) 507-7252

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