ALTAMIRA SCIENCE & TECHNOLOGY FUND $8.13 (CWA Rating: Aggressive) (Altamira Investment Services, The Exchange Tower, 130 King St. West, Suite 900, Toronto, Ont. M5X 1K9. 1-800-263-2824; Web site: www.altamira.com. No load — deal directly with the company) invests in the telecommunications, biotechnology, environmental technology, health care and computer industries.
Top holdings are Apple, Microsoft, Yahoo!, Nokia, Intel, Microchip Technology, Google, Research in Motion and Cisco Systems.
The $52.5 million fund lost 7.2% in Canadian dollars over the last year. The Nasdaq index lost 16.1% in Canadian funds. The fund’s MER is 2.70%.
Altamira Science & Technology Fund is a buy for highly aggressive investors only.
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