• What are Segregated Funds?

    “Mutual fund performance potentional with insurance protection.”

    Segregated funds are investment funds that you hold within an insurance contract.  Managed by professionals, the money in your contract is segregated, or kept apart from those of the insurance company.  Although, segregated funds possess many of the same features as mutual funds, they have some very important distinctions.

    Maturity and death guarantees:  upon death or contract maturity, segregated funds pay the greater of the market value or the guaranteed amount, usually 75 to 100% of your investment.  This feature is designed to protect your money from market instability.

    Creditor protection: upon death, if you have designated a preferred beneficiary, proceeds of your segregated fund can pass directly to them, bypassing creditor claims, probate, lawyer, and executor fees.

    Consumer protection: segregated funds are eligible for coverage by Assuris, which provides protection for policyholders should the insurance company fail.*

    pic 45“Much, much more than a mutual fund.”

    Segregated funds can be used in a variety of ways, and tailored to reflect your personal financial goals.  Including them in your RRSPs or RRIFs can enhance your retirement assets, whereas establishing a segregated fund in trust for a child or grandchild may be an effective way to save for their education or other future expenses.  Managed by professionals who have the knowledge and experience to effectively handle your funds, segregated funds can be an effective way to diversify your portfolio.

    * Some exceptions apply. Consult your advisor for terms and conditions of this valuable guarantee. In the event an insurance company fails, Assuris will facilitate the transfer of policies to a solvent company.


    Questions about Segregated Funds?

    Please send an email to forgravefinancial@persona.ca


    *Mutual funds are distributed through Desjardins Financial Security Investments Inc.  For insurance  products,  Desjardins Financial Security Investments Inc. acts as a national life insurance brokerage agency.