BluMont Capital Inc.

BluMont Capital Inc.

January 16, 2006 10:21 ET

BluMont Capital Launches BluMont Man-IP 220 Series 3 Notes

TORONTO, ONTARIO--(CCNMatthews - Jan. 16, 2006) - BluMont Capital Inc. ("BluMont") (TSX VENTURE:BCC) is pleased to announce that its wholly-owned subsidiary, BluMont Capital Corporation, has launched its third series of the BluMont Man-IP 220 Notes ("Series 3 Notes") - a multi-manager/multi-strategy investment product with a 100% principal repayment guarantee from Citibank Canada.

BluMont's Canadian product launch is concurrent with Man Investments' global launch of the Man-IP 220 Limited product in Japan, Germany, Switzerland and Australia. Man Investments, a global leader in alternative investment solutions, manages over US$4.9 billion worldwide in the Man-IP 220 Limited series or similar funds through at least 58 global and private launches (as of November 2005). In Canada, BluMont has raised over C$155 million through its previous offerings of the BluMont Man-IP 220 Notes and over C$430 million in all BluMont Man offerings since March 2003.

The Series 3 Notes, while structured specifically for the Canadian marketplace, are modeled upon the original Man-IP 220 Limited fund, which has proven to be one of Man's most successful product structures with an impressive eight-year track record of positive returns each year since its December 1996 inception. As of October 31 2005, the Man-IP 220 Limited fund, which is not available to Canadian investors, has generated an impressive total return of 284.4% since inception (an annualized net return of 16.3%). The Series 3 Notes provide investors access to the Man-Glenwood Portfolio, which specializes in fund-of-hedge funds, and the Man-AHL Diversified Programme, the world's largest managed futures program - each of which has a long track record of success and low correlation to each other as well as to traditional asset classes.

In addition to a principal repayment feature provided by Citibank Canada that guarantees the return of an investor's initial investment at maturity, the Series 3 Notes provide the potential for enhanced diversification and positive returns in both rising and falling markets. The Series 3 Notes are 100% RSP eligible as Canadian content and are available to investors until March 22, 2006 for a minimum investment of C$5,000.

"The Series 3 Notes represent a unique opportunity for investors to access a proven and highly successful hedge fund structure from one of the world's leading alternative investment firms - Man Investments" says Stephen J. Kangas, President of BluMont Capital. "The impressive performance of the original Man-IP 220 Limited fund and its low correlation to traditional assets demonstrates the potential of the Series 3 Notes to deliver double-digit returns and enhanced diversification irrespective of how stock and bond markets perform."

About BluMont Capital

BluMont Capital is a leading provider of alternative investment products to Canadian investors. Specializing in hedge funds, the firm offers innovative investment solutions that provide enhanced diversification and robust return potential. BluMont employs 43 people nationwide and has approximately C$770 million in assets under management. BluMont is 46.1% indirectly owned by Toronto-based Integrated Asset Management Corp. (TSX VENTURE:IAM), a leading alternative asset manager with approximately C$3 billion in assets under management and commitments. Further information on BluMont Capital can be found at

About Man Investments

Man Investments ("Man"), the asset management division of Man Group plc, is a global leader in the fast growing alternative investments industry. It provides innovative products and tailor-made solutions to private and institutional investors. Through its core investment managers - AHL, Glenwood, Man Global Strategies and RMF - Man Investments has succeeded in developing leadership in hedge funds and has interests in other asset classes. In its core hedge fund asset class, Man offers funds of hedge funds, structured and style products. Its track record stretches back more than two decades and defines the standard for excellence in an industry whose central goal is to provide diversification away from traditional equity and bond investments. Man has a powerful global presence with central operations in Pfaffikon (Switzerland), and London and key centres in Chicago, Montevideo, Hong Kong, Sydney, Tokyo and Dubai and has an extensive network of distribution partners.

The TSX Venture Exchange Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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