An annuity offered by an insurance company which guarantees a specific percentage return on the investment upon maturity. It is similar to a mutual fund, and is offered by a insurance company. The term "segregated" is used because the funds are kept separate from the issuing company's other investment funds. Segregated funds also contain other beneficial provisions, including the exemption from certain fees, such as the probate fee that would normally be charged when funds are passed to a beneficiary.
Related information about segregated fund:
- Segregated fund - Wikipedia, the free encyclopedia
A Segregated Fund or Seg Fund is a type of investment fund administered by Canadian insurance companies in the form of individual, variable life insurance ...
- Segregated Fund Definition | Investopedia
A type of pool investment that is similar to a mutual fund, but is considered an insurance product. Proceeds received by the insurance company are used to ...
- What is segregated fund? definition and meaning
Definition of segregated fund: An annuity offered by an insurance company which guarantees a specific percentage return on the investment upon maturity.
- Segregated Fund - Financial Dictionary - The Free Dictionary
An investment company in Canada that has features of a life insurance policy and a mutual fund. The investment company sells life insurance to policyholders, ...
- Mackenzie | Segregated Funds
A segregated fund is an investment fund that you hold within an insurance contract. The term “segregated” refers to the fact that your investment is separated ...
- How do segregated funds work? - The Globe and Mail
What makes segregated funds different from mutual funds? 1. Maturity guarantee: Unlike a mutual fund, a segregated fund has a maturity date, such as 10 years.
- hedging and reserving for single-premium segregated fund contracts
segregated fund contracts are compared. ... assumes a typical Canadian segregated fund contract. 1. ... requirements for segregated fund maturity guarantees ...
- Key Facts About Segregated Fund - Canadian Life and Health ...
This booklet is designed to help you understand segregated fund contracts and to become a more informed investor. Key facts: Segregated fund contracts are ...