Whitchurch-Stouffville Newspaper Index

Stouffville Tribune (Stouffville, ON), February 22, 1997, p. 14

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nvest in it a m m m z o m 3d markham prospers from labor funds tax credits ventureca returns can investors investors in labor sponsored investment than 19 million in companies such as gene- more on research and funds enjoy tax credits of 30 per cent on the sis microchip telepanel systems and battery development and acceler- first 3500 invested each year vengrowth is a lsif that invests across ontario these same investors will also be contributing to the growth of small- and medi- fj umsized businesses as well as creating jobs in cd the markham area more than 40 per cent of its investments to date have been in the markham area vengrowth has invested more 2j to ro technologies in addition working venture the largest labor fund in canada has invested more than 21 million in nine markham companies those companies employ 902 people the capital invested in these companies have allowed them to grow at a faster rate by enabling them to hire more people spend cd to si live a secure future we can help you achieve your retirement security talk to your personal banker today about special c1bc rrsp options and discover growth potential security flexibility and selection convenience noload mutual funds timelimited gic offers selfdirected rrsps rrsp extended hours wednesday feb 26 10 am 9 pm friday feb 28 10 am 9 pm thursday feb 27 10 am 9 pm saturday march 1 10 am r 4 pm hwy 48 16th ave markham 5000 hwy 7 east markville shopping centre 4360 hwy 7 unionville deposit your rrsp by phone call 1 800465cibc 2422 llbc j cut taxes here e b q how can i get an extra 30 up to 1 050 in tax savings on a 3500 rrsp contribution a invest in labour sponsored investment funds lod labour sponsored fund open house featuring vengrowth sat feb 22nd between 10 am 4 pen hi hi b a a fortune financial corporation financial markham village lanes 144 main st north unit 9 call 2941200 today vengrowth member montreal exchange and cipf ate their marketing and distribution programs the markham area has proved to be a leading centre in canada for knowledgebased and high technology companies says david ferguson managing director of ven growth we believe these types of companies offer the best return potential for vengrowth shareholders return or shareholders money is the primary investment objective of vengrowth vengrowth is now the fourth largest labor spon sored fund in ontario with more than 100 mil lion in assets in addition to the labor sponsored fund which is for individual investors vengrowth has also managed venture capital funds for more than 15 years for sophisti cated institutional investors including some of canadas leading pen sion funds insurance companies and family foundations vengrowth has distin guished itself from other labor sponsored invest ment funds which have been criticized in the past for their slow rate of investing with approxi mately 60 per cent of its assets invested in small and mediumsized busi nesses building share holder wealth is to expedi tiously yet prudently deploy funds from low- yielding liquid securities into venture assets with high return potential says earl storie president of vengrowth this approach has proved suc cessful for vengrowth which has posted a one- year rate of return in excess of 12 per cent were still growing have you come to visit eleanor cheryl and muriel at our new location yet come for a visit and fill out a ballot for our free draw of 2 tickets to a leaf game our office hours are monday to friday irom 9 am 430 pm our new address is a established 1978 117 ringwood drive a unit 14 stouffville 6425874 pine ridge insurance vengrowths strategy is based on the philoso phy that suc cessful venture capital investing means control ling risk ven growth reduces risk by restrict ing investments to more estab lished mature companies with at least 3 mil lion in annual sales ven growth avoids startups and early stage situ ations which typically account for the vast majority of business fail ures ven growth also reduces risk by diversifying its investments across a broad range of indus try sectors such as industrial medical high technology electronics telecommunica tions and con sumers prod ucts in addition to lowering risk industry diversi fication gives vengrowth a much larger population of investment opportunities from which to select the most promising can didates your investment and retirement needs plus our personal investment managers equal a wellplanned financial future chris simpson 9054288609 scotiabank personal investment managers like chris simpsoil are focused solely on your investment and retirement needs we would be pleased to sit down with you help you analyze your current investment and retirement plans and advise you on what options are available to you to help secure your future please call us to arrange for an appointment

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