ARGENTUM INTRODUCES QUEBEC MUTUAL FUNDS
By Adnews Staff
Argentum Management & Research Corp. of Montreal has launched two new mutual funds to the Quebec market. The two funds are called the Argentum Quebec Balanced Portfolio and the Argentum Discovery Portfolio. The Quebec Balanced Portfolio is targeted to conservative investors looking for a diversified portfolio combining a steady stream of revenue and capital growth. At least 50% of the fund will be invested within Quebec. The Discovery Portfolio is for more aggressive investors seeking above-average capital appreciation over a medium to long term. It will invest mainly in common shares of small, fast-growing, undiscovered companies throughout Quebec, the rest of Canada and internationally. Argentum is a new investment company. It is currently promoting its products and services through seminars across the country. Spokesperson Andre Chabot told Adnews last week that the company will eventually get into advertising, but it will likely be a couple of years before it does so.