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NEW DEVELOPMENTS in the

mutual funds business have at-

tracted more ordinary savers and

investors. You can find a mutual

fund that is safe as a federal gov-

ernment Treasury bill — or as

risky as a penny stock.

’ There’ are now hundreds of

mutual‘funds available, Tables are

regularly published comparing the

performance of the different

funds. You should use these

surveys not only (to help - you

decide which funds to choose but

also to monitor those you already

own,

The concept of a mutual fund is

‘simple. You may buy fund units

or shares. Your money, along

with that of other investors, is in-

vested in sometimes as many as 50
- or 60 different securities.

If this pool of investments in-

creases in vaiue, whether through

the skill of the fund managers or

simply because the market goes

up, then your fund units will also

rise in value. -But if the market

falls or the managers make bad

decisions, then you will suffer a |. Tove have the driving ambition to succéed in the
The money market fund — the business world, we'll provide you with the very best
safest type -- ‘is an exception. i vehicle - the CGA program - the most comtemporary
These funds typically invest in and complete accounting prograni currently available.
T-bills, government bonds and, in . ‘Yo ensure that you will graduate fully equipped to
some cases, high-grade corporate pane meet the financial chailenges of tomorrow, CGA is tie

4 Perms the fund unit first and only professional accounting body to fully

value stays the same (often $10), Raye integrate micro-computer triining into its courses.

The interest earned, minus the {26h So, if you are seeking a career in financial

administration fee charged, is used Wagiisg management, management accounting, or public

to buy more fund units. Hs practice, the CGA program will put you in the driver's
Phese money market funds have [ese os seat wherever sound financial decisions are made.

depot a. Popular ae te : -And to become a CGA, you don’t even have to
pay a higher rate and are as sale apse leave your current position. Our five level program
-as the institutions behind the in- [awiGs lets you learn at your own pace while you continue
‘vestments in the fund. They are a Se to earn a living.

liquid — at least one place even ‘To find out if you qualify for the CGA program,

allows you to write cheques on a : ; : ' . . :
money market fund. write or call for an information kit today, it could put

The key to finding the right & your career into high gear.
‘fund is to look at your own needs
cand investment personality. Then _
look for one or more funds whose Has &) ay
investment style matches -your ¥
own, : : Fi . —ver
{f you want safety and im-. jj ; 7 \,
mediate access to your money —~a_ & Wr ‘
reserve for an emergency or an ‘Mx : ; -
‘opportunity —. choose money :
nsarket funds,
. If you want regular income,
choose funds that invest in bonds, f e i
mortgages and perhaps divi- (a — a — . ¢ GRIER sean ; : :
dend-paying stocks. g Secrest eho AEG rane Bae meg es eather bare nee mie Be pee ie wal Toke tt Ni ae
If you want more growth — # UIE Rbe EOD ae a LO EEN ue easeky als aks RiubealogTaleaes ene ce as s tN aera
and feel comfortable with the risk ce
of more loss — look at funds that ,
favor growth (rather than income) . Oppor tunities call for CGAs
stocks. ~ ‘
You can diversify further - by j _. ;
buying funds that invest outside [7
Canada. Of course, you can then F
sho me or noe Pian your future now.
through changes in the value of . ; °
the Canadian dollar against the | ’
Neto” | Agik me about FlexAnnuity.
You can buy funds that focus 4 , ,
on special sectors like real estatee | New York Life's FlexAnnuity’ is a deferred annuity which can be a Registered

precious metals, mining and . . . oe
energy. You can buy a balanced | Retirement Savings Plan. As an RRSP it has two very real benefits: it allows

See Consider page a | you to reduce your current income taxes and helps you provide for a worry-

Certified General Accountants asseciation of British Columbia
1555 West 8th avenue, Vancouver, British Columbia V6) ITS
Telephone 732-1211 Fax 752-1252

If you'd prefer, mail this coupon 7
and fil get back to you.

Wew York Life

Lida Hoffman

2000-885 West Georgia St.
Vancouver, BC V6C 3E8
Bus: 685-7364

Fax: 685-7381

Res: 926-1730

I'm interested in FlexAnnuity.
Please send me details or call
meat ¢

: It provides flexibility. It provides interest
Murty als compounded annually at competitive guaranteed
ee oie rates.

A monthly newsletter on mutual | { ; ) Se . . .
fund investing. Objective and | | Sa, if you're planning to get ahead, now and in the
readable analysis to facilitate ; _ future, plan to call me at New York Life. ] can help,
’ investment decisions. ; : ae ee .

Phone for a complimentary copy oe

Bayridge Consulting Group | $ Bu ASS : Laan
926-4862 “lagi A MORE THOUGHTFUL LOOK AT LIFE.

Postal Code