Tomorrow is right around the corner. Laurentian Bank introduces its line of 2008 RRSP products



    MONTREAL, Feb. 26 /CNW Telbec/ - With the RRSP season in full swing,
Laurentian Bank has put together in its line of RRSP products a complete range
of investment vehicles likely to meet the needs of anyone contributing to an
RRSP.

    
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    The ActionGICs            - Indexed GIC

                              - Invested capital is guaranteed

                              - Return is based on the performance of the
                                underlying securities

                              - Superior potential return

                              - Safe investment vehicles, eligible for
                                RRSPs and RRIFs
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    Blue Chip ActionGIC(1)    - Indexed GIC based on a basket of securities
                                of major, well- established Canadian
                                companies enjoying a sterling reputation for
                                their financial stability, such as
                                Bombardier, Canadian Pacific, Manulife,
                                Rogers Communications, etc.

                              - Offers the growth potential of leading
                                Canadian companies while guaranteeing the
                                capital

                              - 3-year term
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    Income ActionGIC(2)       - Minimum guaranteed return of 10%

                              - Unlimited return potential

                              - Return is based on a portfolio of securities
                                (shares, bonds, trust units) from leading
                                Canadian companies traded on the Toronto
                                Stock Exchange

                              - 5-year term
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    Global Growth             - Consists of a basket of securities of
    ActionGIC(3)                multinational corporations active in emerging
                                economies, such as those of the BRIC (Brazil,
                                Russia, India, China) nations

                              - Allows advantageous geographical
                                diversification

                              - 5-year term
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    The 3 1/2-year GIC(4)     - Return of 4.25% per year

                              - 3 1/2-year term

                              - Possibility of receiving interest annually
                                or at maturity
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    IA Clarington Distinction - 6 Distinction Portfolios available, each
    Portfolios(5), (6)          corresponding to specific investor profiles
                                (Prudent, Conservative, Balanced, Monthly
                                Income, Growth, Bold)

                              - Compelling combination of top mutual funds
                                from large companies like AIM Trimark,
                                Dynamic, Fidelity, Mackenzie and IA
                                Clarington

                              - No acquisition or redemption fees(7)

                              - All-in-one portfolio solution designed to
                                suit a number of distinct investment
                                objectives

                              - Automatic re-balancing to remain faithful to
                                the portfolio's investment objectives

                              - Diversification that spread investment risk
                                across various asset classes, sectors,
                                geographical regions and investment managers

                              - The Distinction Monthly Income Portfolio is
                                designed for investors seeking a diversified
                                portfolio that pays a regular monthly income
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    IA Clarington Target      - Month-end gains captured automatically
    Click Funds(5), (6), (8)
                              - Automatically captures gains, guaranteeing
                                the highest month-end net unit value at the
                                scheduled maturity date, regardless of
                                acquisition date

                              - No cap or limit on return

                              - No acquisition or redemption fees(7)

                              - Reduced risk level over time

                              - Global diversification

                              - Possibility of daily purchase and redemption,
                                same as with other mutual funds

                              - Highly competitive management fees that
                                decrease as the maturity date approaches
                                (2010, 2015, 2020, 2025)
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    Apart from the above funds, Laurentian Bank(5) offers a complete line of
investment funds. These products are available at the Bank's 157 branches,
which offer extended business hours to give the customers greater flexibility
and accessibility.

    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 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.

    2. 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.

    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.

    4. Non-redeemable before maturity. Minimum investment of $5,000. Interest
       payable annually or upon maturity. Rates effective February 20, 2008.
       Rates subject to change without prior notice. This deposit is
       insurable by the CDIC. Product conditions available at branches.
       Information available from an advisor.

    5. Mutual funds are distributed by LBC Financial Services Inc., a
       subsidiary of the Laurentian Bank.

    6. Commissions, trailing commissions, management fees and other expenses
       may all be associated with mutual fund ("fund") investments. To obtain
       a copy of one or more prospectuses, contact a representative of LBC
       Financial Services ("LBCFS") at any Laurentian Bank of Canada
       ("Laurentian Bank") branch. LBCFS is a corporate entity distinct from
       the Laurentian Bank and Clarington IA Investments Inc. Investments
       offered by LBCFS are not insured by the Canada Deposit Insurance
       Corporation, Autorité des marchés financiers or any other government
       deposit insurer. In addition, these funds are not guaranteed, in whole
       or in part, by Laurentian Bank or Clarington IA Investments Inc.
       Nothing guarantees that a mutual fund will maintain a fixed net asset
       value per unit or that the full amount of the investment will be
       reimbursed. Past performance may not be repeated.

    7. For customers who invest through LBC Financial Services, a subsidiary
       of the Laurentian Bank. However, a short-term trading fee may be
       charged on the value of the securities redeemed or switched within 90
       days of purchase.

    8. The Clarington IA Target Click Funds (the "Funds") have the advantage
       of the guarantee provided by ABN AMRO Bank N.V., which states that the
       guaranteed value (as described in the Fund's simplified prospectus)
       will be paid upon scheduled maturity of the Fund. The maturity date
       may be brought forward in some situations, and bringing forward of the
       scheduled maturity date may generate fees. Under such circumstances,
       only the accelerated guaranteed value would be paid. The accelerated
       guaranteed value could be lower than the guaranteed value and the
       investor's initial investment value. In certain situations, the
       guarantee may be cancelled or unavailable. Investors who redeem their
       shares before the maturity dates will not be covered by the guarantee.
       Detailed information about these and other matters concerning the
       Funds are available in the simplified prospectus. Please refer to the
       prospectus before investing. The Funds are managed by IA Clarington
       Investments Inc.
    




For further information:

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

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Laurentian Bank of Canada

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