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Desjardins permanent shares

Quick facts

  • Main feature: capital shares exclusive to Desjardins caisses, with no fixed maturity, that offer a higher return than 1-year term savings
  • Minimum deposit: $100

Who should get this investment?

Investors who want a way to invest in their caisse while diversifying their portfolio.

Features

Value of shares (par value)
$10 (fixed value).
Eligible for these plans
  • Registered plans: RRSP, FTA, LIRA, locked-in RRPS, RRIF and LIF.
  • Non-registered plans.
Returns
The higher of these rates:
  • the average annual rate of one-year term savings plus 1.30%
or
  • 4.25%.
Other
  • Interest may be reinvested in additional shares (in participating caisses).
  • No purchase or administration fees.
How to get this product
At the caisse At the caisse
Make an appointment with a caisse advisor:

Interest rates

Desjardins permanent shares
As of November 21, 2009
End of
financial year
Rate
2008
3.50%

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