Desjardins Securities is introducing its Principal Protected Note, the Selection Profile Note, Series 1, issued by Société Générale (Canada). This brand new product gives investors the best of both worlds by guaranteeing the principal at maturity, while offering a high potential return.

With the Selection Note, investors can enjoy the type of return achieved with a growth profile, without incurring the associated risk. The way the return is calculated at maturity gives them the best return of three profiles: conservative, balanced, and growth. Few products on the market offer these kinds of benefits, with no management fees.

In addition to a highly advantageous return calculation, the note reduces exposure to risk, because it offers excellent diversification both by asset class and geographically. The principal is also guaranteed at maturity by the French bank Société Générale. Furthermore, the note is not exposed to currency risk and it enables investors to benefit from a tax deferral until the note matures – in eight years. And if investors need their money before maturity, they can always sell their position on the secondary market.

“This note is a good way for investors to minimize their risk while increasing their potential return,” said Yves Geoffrion, vp and head of Desjardins Securities Retail desk, in a news release.

Desjardins Securities Principal Protected Note requires a minimum investment of $1,000 and is available for a limited time.

Desjardins Securities is a subsidiary of Desjardins Group, the largest cooperative financial group in Canada. The company, which manages $17 billion in assets, has 46 full-service brokerage offices and employs more than 1,200 people, including 305 investment advisors throughout Quebec and Ontario.