Investors-Aid Co-operative of Canada

Investors-Aid Co-operative of Canada

November 13, 2008 09:30 ET

Investors-Aid Co-operative of Canada: Canadians Can't Afford to Invest the Old Way Any More

Co-operative a first for Canadian consumers

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 13, 2008) - With the world's highest investment costs, advisory conflicts of interest, low average returns, and now a brutal bear market, the old way just doesn't cut it any more.

Investors-Aid is the first Co-operative to bring investors together. We help cut costs by up to 90%, get value from advisors, reduce capital loss, access consumer-friendly products and strategies, and to negotiate discounts from industry firms.

"In markets like this investors are scared. They see the losses, yes, but they also see what didn't matter when the market was rising...big cost and big risk. Individual shares and too much equity are the big problems," says Co-op founder Garth Rustand.

The Co-op sells no investments, referrals, paid advertising, or management services. This means Investors-Aid is objective in an industry where commission-driven selling is the norm.

For such a critically important industry, there is little protection for consumers. There is almost no disclosure of costs or returns.

"Consumers aren't given essential information, plus there is big pressure to invest in high risk product where fees take half of the gain. No other industry gets away with this."

The Co-op has launched at a time when investors need emotional support and financial advice. Information is important, but the Co-op is really Canadians working together to make sure they are treated fairly.

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