Christmas is a magical time for chi...

Christmas is a magical time for children-the magic of Santa Claus, the magic of Christmas tree and now, the Magic of Compounding.

Give your child, grandchild, niece or nephew the gift of early investing. Then, watch the magic of compounding employ a Starter Stock Portfolio into a dream be derived true-like a university education, or the down payment forward a house.

Later, you might calm continue giving birthday and other gifts as additional cash or stock contributions to the Starter Portfolio.

Now your young relative can begin investing unassuming amounts of money regularly-starting early in life.

The soft Cost Investing Program What is the LCP?

The LCIP is a establish of Shareowner-Sponsored Dividend Reinvestment Plans ("Shareowner DRPs") which are share purchase and dividend reinvestment plans sponsored and administered at the Canadian Shareowners Association.

Through a Shareowner DRP CSA members can:

begin buying shares of Canadian and U companies and stock market index foundations with modest initial investments;

automatically reinvest dividends by the agency of purchasing more shares; purchase more shares with optional amounts small enough to fit chiefly budgets;

purchase shares in succession a regular monthly or quarterly schedule;

construct a portfolio with international diversification;

teach the merits of early and regular investing to children, grandchildren, etc

Upon joining the CSA, and periodically, each member receives a pattern of the *Information Circular" for the Shareowner DRP which provides total details of its operations.

Who Can Participate in a Shareowner DRP?

Individual and company members of the CSA can join a Shareowner DRP for any of the securities contained in the list forward page 9. You simply undiminished the Shareowner DRP Enrolment and Authorization Form (pages 9 and 10) and depute in your initial investment(s).

How plenteous is an "Initial Investment"?

Shareowner DRP allow an initial investment of as little as $50 and as long as $2,500. Afterwards, you can purchase a monthly minimum of $50 and a monthly maximum of $2500 You decide by what mode often and how much to invest. In addition, Pre-Authorized Investing is available for Shareowner DRP (see side-bar onward page 7).

Initial and optional investments must be received according to the CSA at least 5 business days prior to the "investment period" for a security (please view Note 4 on page 9)

As an alternate to an initial investment of cash, you may deposit a share certificate for common of the securities listed forward page 9 into a Shareowner DRP-or have shares transferred electronically from a Canadian brokerage account. To do thus when completing the Enrolment and Authorization Form, write the word "Certificate" (or "Transfer" as applicable) in the space provided for indicating the size of the initial investment.

Mail the Form and the set-up feud to the CSA. You will receive specific directions for forwarding the certificate (or transferring the shares) to the CSA's DRP Investors' Trust Account.

Can I Transfer Shares to a RRSP or Canadian Brokerage Account?

Shares of a DRP Security may be transferred electronically from a Shareowner DRP to a member's Registered Retirement Savings Plan ("RRSP") or Canadian brokerage account concerning receipt by the CSA of a signed transfer petition for

The request must include the following information: the number of shares to be transferred; the name and address of the financial institution to receive the shares; and, the member's account number at the financial institution.

Please allow 20 working days to undivided the transfer.

What are the Services Fees?

Service fiefs are set to recover richnesss only. The principal fees are: $12 to set-up a Shareowner DRP account; $4 to make an optional cash investment; $12 to take a bribe for shares; and $12 to transfer shares to an RRSP or other eligible account. Please diocese the Information Circular for details. Dividend reinvestment is free!

What about the safe-keeping of cash and securities?

Cheques for all DRP share purchases are deposited into the CSA's Investors' Trust Account maintained at a Canadian chartered bank. When be in want ofed to purchase securities, funds are transferred to the CSA's Investors' Trust Account at a brokerage firm acknowledgeed by a Canadian chartered bank. Shares are purchased by means of the broker and held in the name of the bank's nominee at the applicable Canadian or U Depository for Securities. Shares are registered in a participant's name onward the CSA's register of shareowners.

How do I know in what manner many shares I own?

A cumulative DRP account statement (showing allowed shares to four decimal places) is mailed to participants after the cessation of each month in which there has been an initial or optional investment; a transfer or sale of shares; and after the extreme point of each year. Details about the reinvestment of dividends for each DRP are reported onward Page 4 in each issue of Canadian Shareowner. confer the Information Circular to order statements following each dividend reinvestment.

How do I put up to sale my DRP shares?

DRP shares are sold by way of notifying the CSA in writing of your intentions at least three business days prior to the start of the "investment period" for a security (please papal court Note 4 on page 9)