Only a few days left to lock into a minimum 12% return on income ActionGICs from Laurentian Bank



    MONTREAL, Jan. 22 /CNW Telbec/ - Until January 29, 2008, investors can
still cash in on the 2% bonus exceptionally offered on Income ActionGICs(1)
from Laurentian Bank. These guaranteed investment certificates are safe
investment vehicles and they are eligible for RRSP and RRIF. This exceptional
investment offers guaranteed principal, potential returns above those of a
conventional GIC, and an additional 2% bonus on the guaranteed minimum return.
    In fact, the Income ActionGIC features unlimited potential returns,
depending on how well its constituent securities perform. First of all, the
minimum return is 10% (12% with the bonus offered until January 29, 2008) over
five years, on top of the principal invested. The investment's return is based
on a portfolio of shares from leading Canadian companies traded on the Toronto
Stock Exchange, trust units and bonds. These companies are active in various
sectors, notably finance, consumer goods and telecommunications. This
investment product is best suited for investors seeking return potentials
surpassing those of conventional investment vehicles without exposing
themselves to the risks generally associated with corporate shares.

    ActionGICs: Investment vehicles with high return potentials

    In addition to the Income ActionGIC, Laurentian Bank also offers two
other products in the ActionGIC series. The Blue Chip ActionGIC(2) is an
index-based GIC whose performance is linked to a basket of securities from
leading, well-established Canadian companies recognized for their financial
stability. Returns on the second vehicle, the Global Growth ActionGIC(3) are
based on the performance of a portfolio of multinationals operating in
emerging countries with booming economies like those of the BRIC nations
(Brazil, Russia, India, and China). As in the case of Income ActionGICs, these
products offer potential returns above those of a conventional GIC, as well as
a guarantee on the principal. Moreover, ActionGIC products enable investors to
secure their retirement income by fully balancing the portfolio through
diversification.

    About Laurentian Bank

    Laurentian Bank of Canada is a banking institution operating across
Canada and offering diversified financial services to its clients.
Distinguishing 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 close to $18 billion in balance sheet assets and
more than $15 billion in assets under administration. Founded in 1846, the
Bank employs close to 3,300 people.

    
    1. The ultimate rate of return of a Laurentian Bank Income ActionGIC is
       calculated based on the performance of the benchmark index between the
       issue date and five days before the maturity date. Because the rate of
       return will depend on the performance of the benchmark index,
       comprised of a portfolio of Canadian securities, trust units and
       bonds, any variation in the benchmark index will have a direct
       influence on the interest payable (meaning on accrued interest above
       and beyond the guaranteed minimum return). If the ultimate return is
       negative or nil, the investment is fully guaranteed and returned at
       maturity along with the guaranteed minimum return. If the ultimate
       return is positive, the principal and guaranteed minimum return (paid
       out as interest), as well as the accrued interest above the guaranteed
       minimum return, after deduction of some portfolio management fees, is
       paid only at maturity, since the result is not known until that
       moment. Details on this investment product are available at Laurentian
       Bank branches. Enquire with an advisor.

    2. 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 five days before the maturity date. 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. 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. Enquire with an advisor.

    3. The ultimate rate of return of a Laurentian Bank Global Growth
       ActionGIC is calculated based on the performance of the benchmark
       index between the issue date and five days before the maturity date.
       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.
       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. Enquire with an advisor.
    




For further information:

For further information: Nora Bouikni, Public Relations Advisor, (514)
284-4500, extension 6379, nora.bouikni@laurentianbank.ca

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Laurentian Bank of Canada

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