e the long-term value of your RRSP.

Wednesday, February 3, 1999 - North Shore News - 23

ks, but by taking fewer.

Very simply, the money from the Catch-Up loan goes into your
RRSP. You can pay back a large chunk of it with your tax refund,
and then pay the rest back over the repayment period most appro-
priate for you (from one to fifteen years). Even at a conservative

_6.75% compound rate of growth, over 25 years, $15,000 borrowed
for your RRSP will have turned into $76,787, This is one case where
borrowing money to make money can make a lot of sense.

Diversify to improve retums and reduce risk.
Believe it or not, proper diversification can significantly
increase the earning power of your RRSP. Hard to believe, isn’t it?
Effective diversification first requires determining the balance
. between risk and security that’s right for you, and then finding
_the mix of investinents that best reflects that balance.

The Scotia Investment Selector” will help you determine just
.. what asset mix is right for you, and the Scotia Asset Allocation

- Sample allocation for 40-year old

service can maintain the selected balance of investments
automatically. In effect, you can get professional investment
management with as little as $5,000 in your RRSP.

Through the Scotiabank Group, you can choose from a wide
selection of investment vehicles, which can help you diversify
fully and effectively. With,
seeking conservatie growth aguas according to Canadian
FIXED INCOME 30% fray Business Magazine; one
CASH 10% R
EQUITIES 60% of the top-ranked fund
families’ in the country, we
ccottigincone and moder groch. _itziia offer income, balanced, and
FIXED INCOME 55% fa Bo growth funds, along witha
EQUITIES 30% _ . . .
case 16% wide selection of foreign
. » and index funds. We even
offer GICs with Guis; that
offer the safety of a GIC, with returns based on the performance
of the stock market.

Take full advantage of foreign content.

The government allows you to hold 20% of your RRSP in foreign
investments. Using it can make a real difference. Canada represents
only about 3% of the world’s stock markets, and while there are
all kinds of tremendous opportunities here, there are many more
around the globe.

Scotiabank has a wide range of funds that can help fill
that need — GICs linked to world stock markets, and mutual funds

‘that invest in every-

thing from T-Bills ae [Malue of $1,000

to global stocks and | “““*“" FRASHAiGEt Sree
bonds. Some funds,

along with our G7

Stock-Indexed GIC,

can even increase

your foreign exp0- ‘ere'sinai youre missing by nol taking advantage of foreign content.

sure without counting against your 20% foreign content limit.

Sounds good. Sign me up.

To find out how the Scotia High 5 plan can work for you, call
us at1-800-528-321 I,or reach us on the web at ww scotiabank.ca.

Or if you'd like to sit down with someone face to face, just

drop into your nearest Scotiabank branch and talk to one of our
investment representatives.

¥

ors, an “Instinctive” investor and a “Planner”. For further details on the assumptions used, Puttin eople first.
le at end of year. Compound rate of return is 7.0%. *Scotia Mutual Funds are offered by 9 peop

t research company based in Thornhill, Ontario.