Segregated funds are offered as an investment option for your Group Pension.
A segregated fund is an investment that you hold within an insurance contract. The term “segregated” refers to the fact that the investment is held outside and separate from the general assets of the insurance company. It is an insurance product that provides protection plus professional money management.
Very similar to a mutual fund, a segregated fund is professionally managed and diversification of investments is involved. In contrast, a segregated fund provides additional creditor protection, more beneficiary designation options and often offers principal return guarantees at maturity or death.
Let us help determine if this type of investment is right for you.