Sunday. February 14, 1999 - North Shore News - 29

fm the long-term value of your RRSP.
ms, but by taking fewer

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 vehicies, which can help you diversify

fully and effectively. With,

sa cagemenainegeah a according to Canadian

FIRED NCOME 30% ree Business Magazine; one

EQUITIES 60% an _ of the top-ranked fund

: - families’ in the country, we

secktug income and modes growth. gu offer income, balanced, and

FIXED INCOME 55% os growth funds, along with a

sigh ten ; . wide selection of foreign

* and index funds. We even

offer GICs with Guts," 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
—_ Very simply, the money from the Catch-Up loan goes into your that need — GICs linked to world stock markets, and mutual funds
Seeeea RRSP. You can pay back a large chunk of it with your tax refund, that invest in every-
mand then pay the rest back over the repayment period most appro- thing from T-Bills mam * jfalue of $1,000
I priate for you (from one to fifteen years). Even at a conservative to global stocks and a i pstemen wserhe abt
wen 6.75% compound rate of growth, over 25 years, $15,000 borrowed bonds. Some funds,
Sa for your RRSP will have turned into $76,787. This is one case where along with our G7
meeeDorrowing money to make money can make a lot of sense. Stock-Indexed GIC,
a ; can even increase
your foreign expo- Here's what you're missing by not taking advantage of foreign content.
~— ; sure without counting against your 20% foreign content limit.
m™ _ Diversify to improve retums and reduce risk.
ay . Believe it or not, proper diversification can significantly
crease the earning power of your RRSP. Hard to believe, isn’t it? Sounds good. Sign me up.
zs clive diversification first requires determining the balance To find out how the Scotia High 5 plan can work for you, call
Hetween risk and security that’s right for you, and then finding .
e mix of investments that best reflects that balance. vs at +800-528-3211,or reach us on the web atwunuscoliabank.ca.
: Or if you'd like to sit down with someone face to face, just

' The Scotia Investment Selector® will help you determine just drop into your nearest Scotiabank branch and talk to one of our
hat asset mix is right for you, and the Scotia Asset Allocation investment representatives.

$l “instinctive” investor and a “Planner”. For further details on the assumptions used, . Putting people first.
* mead of year, Compound rate of return is 7.0%. *Scotia Mutual Funds are offered by -
meeearch company based in Thomhili, Ontario.