When you invest in a Porcupine Credit Union Term Deposit (Guaranteed Investment Certificate), you can rest assured. These investments are guaranteed by the Credit Union Deposit Guarantee Corporation, so no matter how big or how small the investment, your principal and interest are fully guaranteed.

Various options are available for your investment.

Term deposits may be assigned to the credit union for the purpose of providing a guarantee of indebtedness to the credit union.

Non-Redeemable Term Deposits

• Available in term lengths from one year to five years.
• For terms of one to five years, interest can be paid monthly, quarterly, semi-annually, annually or compounded annually at your choice.
• Can only be redeemed prior to maturity in the event of the death of the term holder.
• Minimum deposit is $500.

RateMaker Term Deposits

• Special three year term deposit-combines security with flexibility.
• During the first year, the RateMaker is redeemable on the 15th day of each month and on the first anniversary of the issue date.
• During the second and third years, the RateMaker is only redeemable in full on the anniversary of the issue date.
• Minimum deposit of $500.

Select Term Deposits

• Special five year term deposit-combines security with some flexibility.
• Redeemable on each anniversary of the issue date. 
• Minimum deposit of $500.

Porcupine Credit Union offers various government regulated investment accounts. Each of these accounts has a specific purpose. Funds in these accounts may not be assigned to the credit union for the purpose of providing a guarantee on indebtedness to the credit union.

RETIREMENT PLANNING:
No matter what your plans may be, one thing is certain about your retirement-you've worked hard and you want to enjoy it! Even if you are years away from retirement, let us help you plan the retirement lifestyle that you deserve.

Tax Free Savings Account (TFSA)

• Tax Free Savings Accounts are a new registered savings account introduced by the Federal Government in January 2009
• They allow taxpayers to earn investment income tax free
• TFSAs are available to all Canadian residents 18 years of age and older who hold a valid Social Insurance Number
• There is no maximum age limit and no restrictions on the way TFSA funds are used
• These accounts allow taxpayers to set money aside in eligible investments and watch those savings grow tax free throughout their lifetime
• Investment options include:
  • non-redeemable 12 to 60 month fixed rate plans
  • redeemable three year Rate maker plans (conditions apply)
  • redeemable five year Select plans (conditions apply)

Registered Retirement Savings Plan (RRSP)

• Encourages saving for retirement
• Contributions are tax deductible
• Interest compounds in a tax sheltered environment
• Investment options include:
  • non-redeemable 12 to 60 month fixed rate plans
  • redeemable three year Rate maker RRSP plans (conditions apply)
  • redeemable five year Select RRSP plans (conditions apply)
  • Various provincial and federal pension plans (LIRA) can be invested in similar payment plans

Registered Retirement Income Fund (RRIF)

• Allows tax deferral of RRSPs to continue into retirement
• Allows withdrawals from your investment to fund your retirement
• Plans similar to RRSPs are available
• Regular payment options include a government prescribed minimum payment, a set payment amount or a set payment term
• Payment options can be changed annually over the life of the RRIF
• Payments can be taken monthly, quarterly, semi-annually or annually
• Various provincial and federal pension plans (LIF, LRIF) can be invested in similar payment plans
• Investment options include:
  • non-redeemable 12 to 60 month fixed rate plans
  • redeemable three year Rate maker plans (conditions apply)
  • redeemable five year Select plans (conditions apply)

Registered Education Savings Plan (RESP)

• Encourages parents and grandparents to save funds for their children's and grandchildren's education
• Tax sheltered investment account
• Individual or family plans are available
• Contributions qualify for the Canada Education Savings Grant which adds 20% to your annual RESP contribution to a maximum of $500 per child per year
• Investment options include:
  • one year to five year non-redeemable plans

Are you attracted by the stock market's potential but afraid of losing your investment?

Our index-linked deposits are the option for you. They blend a guaranteed investment product with the capacity to generate market-like returns. You have the potential to achieve unlimited returns with the comfort of knowing there is no risk to your principal.

Smart Benefits:

• Principal is fully guaranteed
• No commission or management fees
• Take advantage of potential higher returns
• Diversify your investments
• Returns based on an overall average of monthly observations of the index over the term
• RRSP/RRIF/RESP eligible
• Low minimum investment
• Non-redeemable

The FAMILY of Index-Linked Deposits includes:

Prairies Basket

• Pays a return based on the performance of a basket of 12 individual stocks that are listed on the Toronto Stock Exchange encompassing a wide variety of industries in Alberta, Saskatchewan and Manitoba
• 5 year deposit

Marketflex

• Pays a return based on the performance of the S&P/TSE 60 Index which includes Canada's 60 leading large cap companies across ten economic sectors
• 3 year deposit

American Market

• Pays a return based on the performance of the S&P 500 Index which is comprised of the 500 leading US companies with a focus on the large cap segment
• 5 year deposit

Global Market

• Pays a return based on the performance of three foreign stock indices:
  • Nikkei 225 Stock Index-a Japanese Stock Index which includes 225 stocks in 36 sectors
  • Dow Jones EURO STOXX 50 Index-a blue chip index that covers several European countries comprising 50 stocks in 15 sectors
  • S&P 500- a large cap segment containing 500 stocks of leading US companies in 10 sectors
• 5 year deposit

A Credential Asset Management Inc. Mutual Funds Investment Specialist at Porcupine Credit Union is available to work with you, at your convenience, to build a long-term relationship and to assist you in meeting your short and long-term investment goals. We provide access to a variety of investment products through Credential Asset Management Inc. Our approach is founded on the credit union tradition of service, integrity and providing solutions for your goals. Financial security means peace of mind for you and your family. That’s why your needs and your situation are foremost as we help you shape your financial future.

Credential Asset Management Inc. is the principal distributor of Ethical Funds® managed by Northwest & Ethical Investments L.P. The Credential Asset Management Inc. Mutual Funds Investment Specialists (below) have access to about 1800 third-party funds in Canada. Contact your branch for an appointment today.

Lorelei Hood, CFP Credential Asset Management Inc. Mutual Funds Investment Specialist Direct Line: (306) 278-5002 E-mail Lorelei

Karen Halverson Credential Asset Management Inc. Mutual Funds Investment Specialist Direct Line: (306) 278-5000 E-mail Karen

* Mutual funds are offered through Credential Asset Management Inc. and mutual funds and other securities are offered through Credential Securities Inc. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Unless otherwise stated, cash balances, mutual funds and other securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer that insures deposits in credit unions. Mutual funds and other securities are not guaranteed, their values change frequently and past performance may not be repeated. Credential Securities Inc. is a Member – CIPF. ®Credential and Credential Direct are registered marks owned by Credential Financial Inc. and are used under licence.

Ethical Funds® is a registered mark owned by Northwest & Ethical Investments L.P. and is used under licence.