This innovative product gives investors access to the global natural
LEVIS, June 6 /CNW Telbec/ - Desjardins Group, the financial institution
with the widest range of guaranteed capital structured products in Canada, is
offering its investor members a brand new product as of June 11: the Natural
Resource Guaranteed Investment (NRGI).
This product, whose capital is 100% guaranteed at maturity, will be
especially attractive to caisse members who want to participate in the very
strong growth of the international natural resource market brought about by
the vigorous economic development in emerging countries such as Brazil,
Russia, India and China.
The NRGI will therefore offer investors access to crude oil (30%),
natural gas (10%), aluminium (15%) and copper (15%), as well as nickel (7.5%),
zinc (7.5%), gold (5%) and an index (10%) composed of 8 underlying
commodities: corn, wheat, soybean, sugar, red wheat, cotton, coffee and cocoa.
The NRGI offers very good return potential; if, at maturity, the yield is
between 0 and 30%, members would receive a 30% return. For yields higher than
30%, for example 55%, members would receive the actual return achieved.
Finally, even if the index were to post a negative performance over a period
of 5 years between 0 and -15%, members would still receive a positive return.
"This new product, with its groundbreaking design, is part of an already
impressive range of guaranteed capital structured products. It will help
Desjardins in its savings development efforts across Canada", pointed out Mr.
Bernard Fortin, Director of Wealth Management at Desjardins.
"There are very few guaranteed capital structured products in the
financial industry that offer such diversified access to the natural resources
sector, which is generally reserved for institutional investors," stated Eric
Landry, Director, Financial Engineering at Desjardins. One of the advantages
of the Natural Resource Guaranteed Investment is that it makes these markets
available to members who want to increase their portfolio diversification by
taking part in the growth of emerging countries, as well as to those
interested in having a wide range of underlying commodities to reduce their
About Desjardins Group
Desjardins Group is the largest integrated cooperative financial group in
Canada, with overall assets of more than $135 billion, as at December 31,
2006. It comprises a network of caisses, credit unions and business centres in
Québec and Ontario, and some twenty subsidiary companies in life and general
insurance, securities brokerage, venture capital and asset management, many of
which are active across the country. Drawing on the expertise of its 40,000
employees and the commitment of 7,020 elected officers, Desjardins offers its
5.8 million individual and corporate members and clients a full range of
financial products and services. Its physical distribution network is
complemented by leading-edge virtual access methods. To find out more, consult
For further information:
For further information: (for journalists only): André Chapleau,
Director, Information and Media Relations, (514) 281-7229, 1 866 866-7000 ext.