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Franklin Templeton Investments Corp. launches Asian Growth fund for Canadians




Dear readers,

I would like to share with you the launch of Templeton Asian Growth Fund in Canada, and news on improvement of cardiac services across British Columbia.

Electronics recycling shredder might be of use to those of you, who got new electronics over holidays.

Some of you could consider a new townhouse or apartment, some are just planning to immigrate to Canada and are thinking of new place to live - for your attention there is an article about Greater Vancouver Realtors - Sergey and Irina Turitsa.

Michael Arbetov , CFP, FMA
Financial Advisor

Franklin Templeton Investments Corp. launches Asian Growth fund for Canadians

We are excited to share with you the launch of Templeton Asian Growth Corporate Class.  While it is new to Canadians, the original SICAV version of the fund has celebrated 20 years of outstanding performance.  The historical annual compound rates of return for the Class A units of the SICAV based Templeton Asian Growth Fund as of November 30, 2010 are: 29.5% 1 year, 0.3% 3 years, 18% 5 years, 18.4% 10 years, and 6.9% since inception (June 1991). Please refer to the press release , along with a video from Dr. Mark Mobius and attached one-pager discussing the opportunities in Asia.

The number of listed companies in Asian emerging markets has grown by 206 per cent over the last 20 years versus 36 per cent in developed countries.  Investors who seek exposure to the growing number of listed companies in Asia can do so by investing in this fund.
The objective of Templeton Asian Growth Corporate Class is long-term capital appreciation by investing primarily in equity securities of companies located in Asia, including, but not limited to, Hong Kong, India, Indonesia, Korea, Malaysia, the People’s Republic of China, Pakistan, the Philippines, Singapore, Sri Lanka, Taiwan, Thailand and Vietnam.  The fund can also invest in companies expected to benefit from developments in the economies of the Asia region.  Using a blend of growth and value investment styles, the fund will provide diversification across all market capitalization ranges.

More info on the Asian Growth fund for Canadians >>

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Cardiac Supply Contract To Save Health System $21m

Victoria B.C.'s health-care system will save $21 million on cardiac supplies over the next three years as a result of a new contract between Medtronic of Canada and Health Shared Services BC (HSSBC), announced Health Services Minister Colin Hansen.

The number one priority of our health-care system is making sure that patients get the very best care possible, and thats why its important that we continue to seek ways of getting the most out of every health-care dollar, said Hansen. Finalization of this contract brings Health Shared Services BCs savings from already completed contracts to $153 million. That means that after only 21 months of operation, HSSBC has already surpassed its five-year savings target of $150 million. This is $153 million in savings that will be channelled directly into front-line patient care.

The three-year contract with Medtronic is estimated to provide price savings of $7 million annually. The total of $21 million in savings surpasses the $14 million projection for this contract, meaning an additional $7 million in savings will be achieved over the three years.

The fact that HSSBC has already surpassed its original savings goal shows that this organization is meeting its mandate to create enhanced value to the health system through effective and efficient delivery of specified support services, increased process efficiency, standardization, capital avoidance and leveraging of buying power, said Lynda Cranston, chair of the HSSBC board and president and CEO of the Provincial Health Services Authority.

The new contract covers cardiac stents and balloons, which are used in angioplasties. The products will be used in the five cardiac catheterization labs located at St. Pauls Hospital, Vancouver General Hospital, Royal Columbian Hospital, Royal Jubilee Hospital and Kelowna General Hospital. A small volume of balloons will also be used at BC Childrens Hospital.

More cardiac services across British Columbia >>

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Protecting Privacy And Environment, One Gizmo At A Time

Victoria Over the holidays, many people get new electronic gear. But did you know the B.C. Government can help you get rid of your old gadgets, while keeping your private information safe at the same time?

A challenge people face when disposing of old computers or smart phones is they dont know how to safely erase the data stored on these devices, said Mary McNeil, Minister of Citizens Services. Through our electronics recycling drop-off points and a specialized shredder, we can help you do both.

In 2007, Asset Investment Recovery partnered with Encorp Pacific to be a Return-It Electronics drop-off location. Since then, the three locations have kept more than 1.5 million kilograms of electronics out of the landfill.

The two warehouses in Surrey and Victoria recycle items such as computers, monitors, laptops, printers, fax machines, stereo equipment and televisions at no cost to the public.

The Shredder breaks sensitive electronic equipment down into fine pieces that are almost entirely recyclable, which protects the environment while protecting your privacy, said Environment Minister Murray Coell.

More on electronics shredder >>

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Greater Vancouver Realtors: Sergey and Irina Turitsa

A purchase of the firstapartment, townhouse or house in Greater Vancouver area in British Columbia (Canada) is an important and critical event in the life of all immigrants. Even waiting to make a huge change, future immigrants take a close look at the conditions of their new country, and browsing internet they gather all the information about Canada. Once few years ago, we were in the same shoes. We all thoroughly looked for an appropriate real estate to settle down in Vancouver.

Even “in prior life” before the immigration, our work experience was minding people’s problems and concerns. Sergey was graduated from Odessa State Sea Academy, and before the arrival to Canada, has being working for Marine companies delivering freight forwarding services. Right after arrival, Sergey successfully passed all the exams and obtained Canadian license ON2 making it possible to work as a ship captain’s assistant.

Back in Ukraine, Irina was a biologist, specializing on heredity and genetics. After completion of Odessa State University, Irina worked in laboratory of the Department of Genetics for 4 years. In Canada, Irina continued to do what she likes working as a Research Assistant in the laboratory of Prof. Griffiths, President of the Genetic Society of Canada.

For Irina, it was a spontaneous decision to become a Real Estate Agent. We were amazed by the fact that Real Estate Agent who helped us with a purchase of our first house knew so many details and was so knowledgeable and professional. After meeting him and having our own experience, we have decided to write a brochure in Russian to benefit new potential buyers. In a week after visiting Real Estate division of UBC, Irina already was enrolled there. In a year, she has obtained a Real Estate license, and right after two months, her book "What is necessary to know buying Real Estate in British Columbia" was published.

More details on history and commitment of Greater Vancouver Realtors >>

Web-site www.turitsa.ca
Call us today:
Sergey Turitsa 604-729-3740
Irina Turitsa 604-209-7048

Greater Vancouver Realtors: Sergey and Irina Turitsa (in Russian)



Car Loan Rates

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