Laurentian Bank's Blue Chip ActionGIC: Offering Investors the Growth
Potential of Leading Canadian Companies

MONTREAL, Jan. 27 /CNW Telbec/ - Until this coming March 10, Laurentian Bank is offering investors seeking high return potential a new issue of its Blue Chip ActionGIC(1) guaranteed saving certificate. This indexed GIC is comprised of shares of well-established and leading Canadian enterprises known as Blue Chips within financial markets. In other words, they are recognized nationwide for their outstanding financial stability.

Available with a five-year term, this GIC offers a return potential superior to that of conventional GICs and enables the investor to benefit from the growth of Canada's 17 best publicly listed companies while guaranteeing the initial sum invested. Representing an integral part of the Canadian economy, the companies that make up the Blue Chip ActionGIC stock portfolio include the following:

    
    Scotiabank                        Intact Financial Corporation
    Royal Bank of Canada              Loblaw's
    Toronto Dominion Bank (TD)        Rogers Communications
    Bombardier                        SNC Lavalin
    Canadian National Railway (CN)    Suncor. Energy Inc.
    Manulife Financial                Telus
    Fortis                            Thompson Reuters
    Husky Energy                      Tim Hortons
    

Laurentian Bank's Blue Chip ActionGIC stands apart from other GICs in that its return is based on the financial performance of the securities it encompasses. As such, it offers a variable return with dynamic growth potential and guarantees the capital invested.

About Laurentian Bank

Laurentian Bank of Canada is a banking institution operating across Canada and offering its clients diversified financial services. Differentiating itself through excellence in service, as well as through its simplicity and proximity, the Bank serves individual consumers and small and medium-sized businesses. The Bank also offers its products to a wide network of independent financial intermediaries through B2B Trust, as well as full-service brokerage solutions through Laurentian Bank Securities.

Laurentian Bank is well established in the Province of Quebec, operating the third-largest retail branch network. Elsewhere throughout Canada, it operates in specific market segments where it holds an enviable position. Laurentian Bank of Canada has more than $22 billion in balance sheet assets and more than $14 billion in assets under administration. Founded in 1846, the Bank employs more than 3,500 people.

    
    ----------------------
    (1) Laurentian Bank reserves the right to modify the list of companies
        included in the portfolio at any time before the expected issue date
        of this investment, which is March 12, 2010. The ultimate rate of
        return of a Laurentian Bank Blue Chip ActionGIC is calculated based
        on the performance of the benchmark index between the issue date and
        the benchmark index average value on the dates specified on the
        purchase agreement. Because the rate of return will depend on the
        performance of the benchmark index comprised of securities, any
        variation in the benchmark index will have a direct influence on the
        interest payable. The information presented in the above graph
        compares the return on a 3-year GIC as of the beginnaing of the
        selling period with the maximum potential return of the Blue Chip
        ActionGIC, as indicated above. Past performance is not an indication
        of future performance. If the ultimate return is negative or nil, the
        investment is fully guaranteed and returned at maturity, and no
        interest shall be paid out. If the total return obtained is positive,
        the principal and interest shall be paid upon investment maturity, up
        to the maximum predetermined rate of return. Because the return of
        this product is tied to the performance of a reference index, it's
        impossible to predict future return. Details on this investment
        product are available at Laurentian Bank branches.
    

SOURCE Laurentian Bank of Canada

For further information: For further information: Mary-Claude Tardif, Public Relations Advisor, (514) 284-4500, extension 4695, mary-claude.tardif@banquelaurentienne.ca

Organization Profile

Laurentian Bank of Canada

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890