NEW LAURENTIAN MUTUAL FUNDS
By Adnews Staff
Imperial Life and Laurentian Funds Management launched a new group of mutual funds late last month, called Millennia III. The funds are designed and administered by Laurentian and are sold by Imperial Life, Laurentian Financial Services and Desjardins Laurentian Life Assurance. The plan offers a 100% guarantee on the invested capital upon the maturity date of the contract or death, and it has creditor protection. There are six funds offered in the Millennia III plan: the International Equity Fund, the American Equity Fund, the Canadian Equity Fund, the Canadian Balanced Fund, the Income Fund and the Money Market Fund. Collateral materials to promote the plan were created by Rossignol & Associates of Toronto. Laurentian has launched nine funds this year.