Altamara links to blue-chip stocks

News in brief

Canadian mutual fund provider Altamara last month launched its Canadian Blue Chip Notes issued by National Bank of Canada, which offer full capital protection and the rise in a portfolio of 20 stocks listed on the Toronto Stock Exchange. The bank can redeem the notes four years after the product is issued at a price of C$146.71. The shares will be re weighted according their value during the investment term. Notes are priced at C$100 and the minimum subscription price is C$500.

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