@ original Catch-Up Loan is back.
Every year, you resolve to catch up on your unused RRSP contributions.
Next thing you know March 2nd rolls around, and the money’s just

not there.
“~~ Sound familiar? Don’t worry,
you‘re in the same boat as most
Canadians. Consider the Scotia RRSP
Catch-Up Loan. , _
Of course you'd rather not borrow.
But this is borrowing to save. The idea
is to do this once, so you can catch
up and keep up. Thanks to a little
. help from the taxman, it really works.
“75: Do the math for yourself. You'll
“come to the same conclusion thou-
sands did last year. Our Scotia RRSP
Catch-Up Loan offers an affordable
way to tum back time andtake =”

advantage of up to 7-years of unused -

RRSP contributions.

"You get a tax break, plus sheltered
‘growth in your RRSP. it all adds

up to a more comfortable retirement
. down the road.
. : if you're not sure how much con-
* tribution room you have, do yourself
oa favour, pull out your tax assessment
‘from last year and take a quick lock.

Investment ideas to breathe

ScoTIA RRSP CaTcH-UPp LOAN

(Here’s a quick math version as
an example, just to get you thinking.)

1

Borrow $15,000.
(Or as much as $50,000 at rates as low as
Scotiabank Prime.)

2.

GET BACK $6,000 ON YOUR TAX RETURN
AND PAY DOWN YOUR LOAN.
(Assumes a 40% tax bracket.

Yours might be different.)

3.
PAY BACK $170/MONTH.

(Seem possible? If need be, you can take
up to 15 years to repay.)

4.

WATCH YouR RRSP GROW TO
$20,996 IN 5 YEARS AND 4 MONTHS,
WHEN YOUR LOAN IS PAID OUT.

5.
IN 25 YEARS, YOU’LL HAVE $72,4)5.

(Here comes the fine print. The example

The Scotia Excelsior’ Funds.
A full range of 21 no-load diversified mutual funds. We have industry-
recognized top porformers and we'll help you decide which ones are

right for you.

The Scotia Leaders™ Program.
Two exciusive portfolios of 5 leading

funds each, from companies like AGF.

and Trimark, that are scientifically
selected and monitored for you. If a
fund underperforms it’s automati-
cally replaced. One portfolio offers
Canadian mutual fund equities, ,
the other has global equities.

GICs with Guts.

Scotia Stock-indexed GICs allow you
the potential for stock market-style
returns from the safe haven of a GIC.
Your principal is always guaranteed.

What's right for you?”

Call us today, we'll help you
figure it out. —
This year we offer you the added .
convenience of appiying for ycur
Scotia RRSP Catch-Up Loan or making
your RRSP contribution by simply
picking up the phone and speaking to
one of our specially-trained represen-

‘ae

above is based on the following assumptions.)

1) - Loan is amortized over 10 years and is subject to applicable credit criteria.
Loan rate over the life of the loan is calculated based on 6.5%, Scotiabank’s 5-year
average Prime rate. Rate is fixed for each term of the loan, 2) ~ Tax refund is
used to pay down principal at the fourth month. 3) - RRSP investments earn
an average annual compound return of 6.5% in a diversified portfolio.

tatives. We also offer full and discount .
brokerage services.

As you can see, there’s a lot you
can do about your RRSP. But doing
nothing is the worst idea of all.

Whatever your RRSP needs we're here ready to help you make
the most of your retirement. Come into your nearest Scotiabank
or National Trust branch, or call us today.

- some life into your retirement
fund. ~ :
_ Let's: say you decide that a Scotia
RRSP. Catch-Up Loan is what's right
- for you, ;
, _ What should you do with your contribution? How will you
‘achieve the diversification needed to rake the most of your dollars?
‘Here are a few ideas to get you started.

1-800-575-8888

www.scotiabank.ca

Scotiabank
What’s right for you?™

Registered trade-marks of The Bank of Nova Scotia. Scotia Securities Inc, is an authorized user of the trade-marks. Trade-marks of The Bank of Nova Scotia, The Scotia Leaders Program is offered exclusively
¥y Scotia Discount Brokerage Inc. and ScotiaMcLeod Inc. and are entities separate from, though whally owned by The Bank of Nova Scotia, Scotia Discount Brokerage Inc. and ScotiaMeLeod Inc.
of CIPR, *Registered trade-mark of Montreal Trust Company. The Bank of Nova Scotia and Scotia Securities Inc. are authorized users of the trade-mark, Important information about Scotia Exceisior Funds
ontained in the Funds’ simplified prospectus, a copy af which shouid be obtained at Scotiabank branches and shoutd be read carefully before investing. Unit values and investment returns will fluctuate.