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frontierAlt Funds Management Names New Investment Advisor for frontierAlt Opportunistic Bond Fund

TORONTO, ONTARIO - (Marketwire - July 3, 2009) -

THIS PRESS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES.

Toronto-based frontierAlt Funds Management Limited ("frontierAlt"), the manager of the frontierAlt Opportunistic Bond Fund, announced today that it has appointed a new Investment Advisor for the Fund, Tralucent Asset Management Inc. based out of Toronto. The new relationship will be effective as of the close of business on Friday, July 3, 2009.

About frontierAlt

frontierAlt is a financial services company with its head office in Toronto, Ontario. frontierAlt specializes in the manufacturing and distribution of structured products, flow-through limited partnerships and mutual funds.

About Tralucent

Tralucent Asset Management Inc. is an Investment Counsel Portfolio Manager that serves institutions and high net worth individuals. Its portfolio managers Bill Siddiqui, MBA, CFA, Jim Lorimer and Ahmed Khan have over 80 years of institutional investment management experience between them and have worked around the globe.

This press release is for information purposes only and does not constitute an offer to sell or a solicitation to buy the securities referred to herein.

This news release contains certain "forward-looking statements". The statements that are not historical facts contained in this press release are forward-looking statements that involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

www.frontieralt.com

Copyright © 2009, MarketWire Canada
Copyright © 2009, NewsBlaze, Daily News

Tags: ,Financial Services,Investment Services and Trading,BUSINESS CONTRACTS

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