Credential disclosure and mutual funds disclaimer

Mutual funds are offered though Credential Asset Management Inc. and mutual funds and other securities are offered though Credential Securities Inc. and Credential Direct®, a division of Credential Securities Inc., which operates as a separate business unit. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the Fund Facts before investing. Unless otherwise stated, cash balances, mutual funds and other securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer that insures deposits in credit unions. There can be no assurances that the money market fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the fund will be returned to you. Mutual funds and other securities are not guaranteed, their values change frequently and past performance may not be repeated. Credential Securities Inc. is a Member of the Canadian Investor Protection Fund.

Vancity has entered into a strategic relationship with IA Clarington Investments Inc. (IAC) with respect to the distribution of IAC mutual funds. Vancity Investment Management Ltd. (VCIM) provides sub advisory services for certain IAC mutual funds.

® Credential, Credential Securities and Credential Direct are registered marks owned by Aviso Wealth Inc. and are used under license.

Financial planning is provided by Vancouver City Savings Credit Union; Credential Asset Management Inc. and Credential Securities Inc. do not offer financial planning services.

The information found on this website is for informational purposes only and is not intended to provide specific financial, investment, tax, legal, accounting or other advice to you, and should not be acted or relied upon in that regard without seeking the advice of a professional. Your advisor can help to ensure that your own circumstances have been properly considered. The Information does not constitute an offer or solicitation to buy or sell any product, service or security to anyone in the United States or any other jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation. This website is intended for Canadian residents only. Credit Union affiliates of ®Credential, such as Vancity may not have representatives in all provinces or territories.

©Copyright 2016 Vancouver City Savings Credit Union