Muntrusco Bolton Investments and its partner Focus Group announces the launch of the new Montrusco

Date: Tuesday, February 5, 2002

February 5, 2002: Muntrusco Bolton Investments and its partner Focus Group announced the launch of the Montrusco Bolton Focus Global Fund Ltd. The new hedge fund will focus on providing investors with positive, absolute returns. Funds will be initially allocated to 15 outside specialized portfolio managers focusing on United States, Western Europe and Japanese markets. Some 50% of the capital will be allocated to long/short positions managers and the remaining half will be earmarked for Convertible Arbitrage, Event Driven and Merger Arbitrage managers. All managers will focus on generating absolute, positive returns, rather than beating stock market indexes. The objectives of the fund are to maintain volatility below 50% of typical equity volatility, to provide protection in market downturns, as well as to provide investors significant diversification benefits and multi-level risk management.