Desjardins Securities Launches its Principal Protected Note: the Selection Profile Note, Series 1



    MONTREAL, April 24 /CNW Telbec/ - Desjardins Securities is introducing
its Principal Protected Note, the Selection Profile Note, Series 1, issued by
Société Générale (Canada). This brand new product gives investors the best of
both worlds by guaranteeing the principal at maturity, while offering a high
potential return.
    With the Selection Note, investors can enjoy the type of return achieved
with a growth profile, without incurring the associated risk. The way the
return is calculated at maturity gives them the best return of three profiles:
conservative, balanced, and growth. Few products on the market offer these
kinds of benefits, with no management fees.
    In addition to a highly advantageous return calculation, the note reduces
exposure to risk, because it offers excellent diversification both by asset
class and geographically. The principal is also guaranteed at maturity by the
French bank Société Générale. Furthermore, the note is not exposed to currency
risk and it enables investors to benefit from a tax deferral until the note
matures - in eight years. And if investors need their money before maturity,
they can always sell their position on the secondary market.
    "This note is a good way for investors to minimize their risk while
increasing their potential return," said Yves Geoffrion, Vice-President and
head of Desjardins Securities Retail desk.
    Desjardins Securities Principal Protected Note requires a minimum
investment of $1,000 and is available for a limited time.
    Desjardins Securities is a subsidiary of Desjardins Group, the largest
cooperative financial group in Canada. It offers a full range of securities
brokerage products and services through its Investment Advisors, and online
brokerage services through its Disnat online division. The needs of businesses
and government agencies are covered by its Corporate Financing, Fixed Income,
and Equity Capital Markets departments, solidly backed by its Research
department. The company, which manages $17 billion in assets, has 46
full- service brokerage offices and employs more than 1,200 people, including
305 investment advisors throughout Quebec and Ontario.

    This press release is for information purposes only and does not
constitute an offer to sell or a solicitation to purchase the notes concerned.
Complete information on this note issue will be provided in an information
statement that will be sent to investors before the settlement date. There is
no guaranteed return on the notes. Although a holder will be entitled on the
payment date to an amount that may not be less than the principal of the
notes, the notes will not bear interest and there is no guarantee that they
will provide a return. There is no assurance that the value of the underlying
assets will increase during the period when the notes are outstanding nor that
a return will be obtained on the notes. Holders who choose to sell their notes
before the maturity date will receive a market price that may not necessarily
be equal to the total principal and that may not necessarily reflect an
increase in the return on the underlying baskets or assets on the sale date.
Early trading charges will be deducted from the proceeds of the sale of the
notes by a holder no later than June 14, 2010. Potential buyers should consult
the information statement before investing in the notes.




For further information:

For further information: Chantal Lagacé, Desjardins Securities, (514)
281-2303, 1-877-780-1171, ext. 2303, chantal.lagacé@vmd.desjardins.com

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DESJARDINS SECURITIES

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