(January 31 – 17:40 ET) – LBC Financial Services, a subsidiary of Laurentian Bank of Canada, today announced the launch of a new line of mutual funds, Laurentian Bank Selection. LBC chose the 30 funds from six Canadian mutual fund families.

“The selected funds offer all the flexibility necessary to build a portfolio adapted to the investor’s needs, whatever his or her profile,” said Richard Leclerc, vice president, regulated products, LBC Financial Services. “They focus on income, growth or a balance between the two, and form an excellent complement to liquid assets, guaranteed investments and other funds as part of a balanced portfolio.”

The funds are entirely Canadian and comprise five main asset categories: income funds, balanced funds, large capitalization funds, small capitalization funds and specialized funds. The funds are from the AIC, AIM, CI, Fidelity, Mackenzie and Spectrum mutual fund families, which have combined assets in excess of $152 billion.

The Selection funds available from LBC Financial Services representatives in Laurentian Bank and Laurentian Trust branches.
-IE Staff