Laurentian Bank is launching three investment products today under the ActionGIC banner: Income ActionGIC, Blue Chip ActionGIC and Global Growth ActionGIC.

The ActionGICs differ from traditional GICs in that they offer a higher yield potential because their performance is based on that of the equities they contain. As with traditional GICs, the investor’s capital is protected.

The performance of the Income ActionGIC is based on a portfolio of securities of major Canadian businesses traded on the Toronto Stock Exchange, plus trust units and obligations. These businesses have a dominant position in various sectors, including finance, consumer products and telecommunications. Up until January 29, 2008, it offers a minimum guaranteed return of 12% over five years, in addition to guaranteeing the capital invested.

The Blue Chip ActionGIC performance is based on a basket of equities of well-established Canadian companies known for their financial stability, such as Manulife Financial, Rogers Communications and Tim Hortons. These companies are an integral part of the Canadian economy with operations in diverse sectors. With its three-year term, the ActionGIC offers a performance potential superior to traditional GICs, while guaranteeing the initial investment amount.

The yield of the Global Growth ActionGIC is based on the performance of a portfolio of multinational equities actively traded in emerging economies, such as the buoyant economies of countries like Brazil, Russia, India and China. This ActionGIC offers the possibility of investing on an international scale without incurring risk, while also enjoying a high return potential over five years. It is particularly suited to investors interested in geographical diversification who wish to take advantage of the growth of emerging economies, safe in the knowledge that their capital is guaranteed.

The new ActionGICs are available starting today in all Laurentian Bank branches and through www.laurentianbank.ca.