Desjardins Investor STRATEGIC Line of Credit

Available only in Quebec

Who should get this loan?

Borrowers with excess cash flow, few financial obligations, a high risk tolerance and who understand the power of leveraging (borrowing to invest).

This line of credit can be especially useful if you've already contributed the maximum to your RRSP. Borrowing to invest is a long-term investment strategy for investors who want to generate after-tax income that is greater than the cost of the loan interest¹. You can invest in stocks and shares or non-registered investment funds and potentially benefit from income tax deductions² because the loan interest rate and fees are generally tax deductible.

Features

Interest rate	Variable rate based on the loan amount and other criteria.
Amount available	Minimum line of credit of $25,000.
Repayment	Loan payment frequency: weekly or monthly. No prepayment penalties: Pay off your loan whenever you want, in part or in full, without being charged extra fees.
Other	Create a customized plan with your financial planner, who will provide information about the advantages and drawbacks of leveraging, anticipated returns on investments, your tax rate and repayment terms. No security required in most cases (depending on your caisse's financing criteria).

	At the caisse	Make an appointment with a caisse advisor: online by phone
		Documents to bring to your meeting

1. Borrowing to invest is a leverage opportunity. If the loan amount is invested in investment funds, the risk is even higher. See a Mutual Funds Representative to find out more.
2. The caisse shall not be held responsible if interest earned is not deductible.