20 - Wednesday, February 11, 1987 - North Shore News

in business - study

CANADIAN WOMEN are enter-
ing the business world at a rate
three times greater than men. Fe-
male entrepreneurs can also boast
of a two times greater success rate,
according to a report done by ac-
counting firm, Laventhol and
Horwath.

In 1978, a sampling of 1,900
new businesses across Canada was
studied. In 1981 only 25 per cent
of the male dominated ventures
had survived, but almost 50 per

In 1983, nearly 40 per cent of
the original sample were active —
mostly with women management.

Why are women so successful?

One of the reasons recognized
from the B.C. Women’s Pro-
grams’ Survey of Women in
Business in B.C. 1985 was that
women prepare for their careers.
This comprehensive study in part
concluded:

* Owners of surviving businesses
took 6-10 months to research their
ventures.

00"

T-BILL
OPTION
B minimum balance $10,000

@ calculated daily
a compounded monthly

FIXED TERM
£ Years
M minimum deposit $100
@ compounded annually
B includes bonus

“00% '

CENTENNIAL
SPECIAL :

t

i

it @ 100-day term

} @ minimum deposit $1,000
| | &@ compounded at maturity

All rates subject to change

*Close to 70 per cent took

business-related courses.

cent of the women owner/
managers were still operating.

etal PAE LS AD aS

5 5 YEAR AVERAGE 15.53% YIELD

for your

RRSP INVESTMENT
© consistent high yield

© no comissions or transaction fees
® mortgage backed investment

Check & Compare

Mandate

13.75% 1 Oe,

Oct. 1 - Dec. 31, 1986 Days Year
6.56% 8.0%

of Choices.

From no fee Guaranteed Plans to high yietd Diversified Funds
and a Self-Directed Plan, Central Trust has an RRSP to meet your
needs. Ask about the Special Bonus Rate available on all 1-5 year

Fixed Term deposits. Instant tax receipts and low-rate
RRSP loans are offered for your convenience.

TT Central Trust ¢
Hem central figure.

Vancouver 750 West Pender St. Tel. 684-2581 Monday-Thursday 8:30 a.m.-5:00 p.m., Friday 8:30 a.m.-6:00 p.m.

Trust
Companies
90 One

Days Year
TAT BB5e

MANDATE MORTGAGE INVESTMENT CORP.
as0— 1285 W. BROADWAY, VANCOUVER, B.C, VGILRX8
PHONE: ALAN E.R. LONG 731-2899

Your RRSP is a long-term investment. So it demands long-term
performance.

And Canada’s best record of tong-term performance: is what
you'll get from an Industrial Growth Fund RRSP

Certainly, we don’t know of any RRSP-eligible investment
that can match this record: over 19 years, Industrial Growth
has achieved total growth of almost 2000%.

That means that $10,000 invested in 1967 is worth $209,364
today.

TRANSFER BONUS
This year, more than any

CONVENIENCE & DIVERSITY
" By consolidating your RRSP

9 250%

That equates toa 17.4% average annual compound rate of
return for nearly two decades — a direct result of the conserva-
tive but growth-oriented money management strategy of

other, it pays you to consolidate

: . COMPOUNDED ANNUALLY
your RRSP investments with VBA

5 YEAR RRSP

investments with First City Trust
you and your money will benefit

First City Trust. For every RRSP
worth $2,500 or more transferred to First
City Trust before March 2, 1987 and invested
in a 3,4 or 5 year tern: deposit, we'll pay a
bonus of up to 1% of the transferred funds.
That’s $25 on a $2,500 transfer! And the
bonus will be paid directly into your RRSP
account to grow, tax free, until your RRSP
is paid out!

GUARANTEED INTEREST RATE

As a special service to our clients, we
provide full interest rate protection for 45
days from the date of your transfer request.
And, if the posted rate is higher when your
funds arrive, the new, higher rate will apply.
Should you wish to increase your RRSP
contribution for the 1986 tax year, we offer
RRSP loans at the Prime Rate.

in many ways-service, conven-
ience, expertise and return.

While First, City Trust offers competitive
term deposit rates, your portfolio could bene-
fit from diversification. In that case, First City
Trust offers a full range of RRSP plans. For
example, investigate the possibilities offered
by our Growth and Income Funds, two
mutual fund RRSP options which allow you
to pool your resources with other investors
and profit from the expertise of some of the
best money managers in the country.

it’s your future. Don’t put it off. Make it
your first priority with First City Trust. Dead-
line for RRSP contributions is March 2, 1987.

Mackenzie Financial Corporation.

If the best RRSP is what you're looking for, why settle for
anything less?

For a full package of information, including specific com-
parisons with other investments, return the coupon or call.

Industrial Growth Func

eve T) AT) EEG) ERTS ON NN CL A SD ee

} Looking both ways. To manage your RRSP

O Please send me more information on an
Industrial Growth Fund RRSP and its 2000%
growth record.

NAME

ADDRESS
POSTAL
crry PROV CODE

PHONE

{Home (Hupttiess)
“Al fgures to Deo 1 1986 wath dividends remyestedd 12-year
total growth: 1993" One-year return S054) Any olen mite
only by prospectus

LEB RATING

THE FIRST QUARTER CENTURY

——— 1962-1987 ——-

siCiy Trust

call

669-1143
Mark Shahki ial

Sow py prospectus omy

B Great Pacific Managemeat Co.
= #300-1190 Hornby St.
Vancouver, B.C.
V6Z 2K5

777 Hornby Street, Vancouver, Phone 688-9421

4-127 East Pender Street, Vancouver, Phone 662-8877
2246 West dst Avenue, Vancouver, Phone 261-3390
1575 Marine Drive, West Vancouver, Phone 926-8877
Rate subject to change