Avenue Financial Corporation Product Launch.TORONTO -- Avenue Financial Corporation ("Avenue") (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:AFC (1) (Application Foundation Classes) A class library from Microsoft that provides an application framework and graphics, graphical user interface (GUI) and multimedia routines for Java programmers. ) is pleased to announce plans to launch on October 18, 2004 a series of three structured shares of Avenue Global Asset Management Inc. ("AGAM AGAM Ambiente Gas Acqua Monza SpA (Italian) ") to be made available to accredited investors and sold through qualified Investment Advisors, Counselors and Planners in select jurisdictions within Canada. These structured shares will allow investors the opportunity to access top Global Alternative Asset Managers, - Van Hedge Fund hedge fund, in finance, a highly speculative, largely unregulated investment device. Originating in the 1950s, the funds "hedge" by offsetting "short" positions (borrowing a security and then selling it at a higher price before repaying the lender) against "long" Advisors International Inc. and Magnum Global Investments Ltd. - on a tax advantaged basis. The underlying portfolios will seek to exhibit low correlation to both equity and bond markets while offering asset diversity and simultaneously reducing risk. Commented Colin Berrie, President, "The marketplace has indicated a strong need for quality product in the alternative asset sector. We believe AGAM's structured shares will begin to satisfy this need in October 2004." About Avenue Financial Corporation Avenue Financial Corporation is a TSX Venture listed company listed company n → compañía cotizable listed company n → société cotée en Bourse listed company list n → which designs, develops, and distributes innovative investment products for high net worth investors and select institutions. Through its international affiliates Avenue Financial plans to be a global administrator of both segregated and pooled managed fund products and services. Avenue Financial Corporation 95 Wellington St West, Suite 707 Toronto, Ontario M5J 2N7 The TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. has not reviewed and does not accept responsibility for the adequacy of this release. |
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