What is the fund?

 What is the fund | Investor Profile | Fund Objective | Porfolio Strategy | Risks | Investment Management | Reasons to Invest

4SP is a partner and co-founder of the Altamira e-business Fund.

The Altamira e-business Fund is an innovative fund investing in companies taking advantage of emerging business opportunities in the digital economy. Networked communications technology, driven by the Internet and its protocols, is fueling the exponential growth of e-business. E-business refers to the use of the Internet for purchasing a rapidly growing range of goods and services, including financial services, travel and entertainment, and for conducting business-to-business transactions. The e-business market includes companies adopting e-business strategies, as well as the companies that create and service these new electronic business channels.

Investor Profile

  • Investors seeking exposure to the rapidly advancing electronic commerce sector

  • Investors with a time frame of over five years

    Fund Objective

  • Long-term capital growth

    Portfolio Strategy

    The managers use a combination of "sector specific" and "company specific" approaches to stock selection and invest only in companies perceived to be able to quickly achieve and sustain a competitive advantage using Internet technology. These companies include:

  • New companies that are organizing the delivery of their products and services and key business processes around the Internet and other networked communications technologies;

  • Established small, medium, and large brand name companies that are achieving a competitive advantage through deploying effective e-business strategies;

  • Suppliers of software, hardware, communications, information and business services that provide the enabling e-business infrastructure.

    Risks

    As the Fund is invested in a specific area of the economy, high unit price volatility is likely. However, investments in emerging Internet companies in the Fund will be offset by investments in more established companies who are adopting e-business strategies.

    Investment Managementt

    The Altamira e-business Fund is the result of a strategic alliance between Altamira and 4Sight Partners (4SP), a subsidiary of Digital 4Sight. The e-business Fund is managed by Altamira Management Ltd., one of Canada's most proactive, technologically-driven investment managers. 4SP will consult to Altamira and add value by helping to anticipate technological advances and business innovations that hasten the growth of emerging companies or cause existing top-performing companies to adopt new business strategies.

    Reasons to Invest

    The Fund's long-term growth potential is significant. The transformation of business practices to enhance customer value is still in its earliest stages. The Internet and related business activities are growing at a greater rate than the traditional bricks and mortar economy. For example, market researcher Forrester Research Inc. estimates that by the year 2002, Internet commerce between businesses in the U.S. will reach $327 billion or 2.3% of GDP (6% of GDP by 2006). Those companies adopting e-business strategies will become the leaders in their respective industries. These winners in the new digital economy will enjoy superior returns accompanied by a significant positive impact on their stock prices.

    At the same time, the number of consumers participating in e-commerce is growing at a remarkable rate. In 1998, 37.2 million PCs in the United States were used for some form of e-commerce activity, an increase of 41% over the previous year (Infobeads, June 14, 1999). By the year 2003, it is estimated consumers will spend $108 billion to buy goods online (Industry Standard, March 22, 1999). 

    For more information on the Altamira e-business Fund please call one of Altamira's Investment Specialists at 1.800.263.2824 (in Toronto 416.507.7050) or look for e-business on their website at http://www.altamira.com