Segregated Funds, or seg funds are investments offered by Canadian insurance companies. These investments are available to anyone that wishes to diversify their investments via stocks, bonds and other investments, but also provide some protections from investment risks.
Some insurers offer Guaranteed Income plans, which definitely provide some added peace-of-mind for people that don’t have Pension Plans, or their current Pension won’t provide enough of a lifetime guarantee. These plans can also provide guarantees for your spouse if desired.
Insurance companies often will use their own Fund Managers, and they also turn to well-known Fund Managers as Fidelity, Mackenzie, RBC, Franklin Templeton, CI, TD Asset Management, CIBC, etc.
Other insurers offer guaranteed resets, allowing you to “lock-in” your investment gains- applicable for the death benefit and maturity benefit guarantees (see 1. and 2. above.)
We’d be happy to talk to you about your RSPs, TFSA, RIF or non-registered account and provide you with a better idea about your future income!
Segregated funds are investment funds that are administered by a life insurer. These investments are held separately from the company assets, hence the name segregated. Seg funds are similar to mutual funds in that the investment can be diversified amongst stocks and bonds. Because seg funds are offered only by an insurance company, they are governed by insurance legislation.
This means that they offer guarantees that other types of investments can’t:
To find out more, click on the Contact Us for a Consultation link and you can send us a message or give us a call to arrange an appointment.
Contact Us For a Consultation
Toll Free 1-844-633-4570
Our Financial Plans