Sionna Investment Managers Forms New Retail Strategic Alliance with Brandes Investment Partners

Market Wire, October, 2006

Kim Shannon, President and Chief Investment Officer, Sionna Investment Managers ("Sionna"), and Maureen Farrow, Chair & COO, today announced a strategic alliance with Brandes Investment Partners & Co. (Brandes) to build a sustainable long-term retail business. Sionna will remain independent and wholly owned by its senior management team. The firm will continue to manage Canadian equities in a relative value style.

"This is an exciting, unique opportunity for the Sionna investment team," said Ms. Shannon. "Our goal is to do what is in the long-term best interest of our clients and ensuring that our retail business is sustainable and independent is an important part of that."

Ms. Farrow added that Sionna will continue to operate as an investment manager in three distinct distribution channels: institutional, retail & separately managed accounts, and high net worth.

About Sionna Investment Managers Inc.

Sionna Invesment Managers Inc. was founded by Kim Shannon in the summer of 2002. Kim has 23 years of investment management experience and is past President of the Toronto CFA Society and was Fund Manager of the Year for 2005. The company incorporates a relative value discipline and specializes in Canadian stocks. The company's web site is: www.sionna.ca .

Contacts: Sionna Investment Managers Inc. Maureen Farrow Chair & COO (416) 203-8891 Email: Maureen_farrow@sionna.ca


 

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