Segregated Funds in Your Investment Portfolio
Segregated funds—available exclusively through insurance companies—offer a unique way to grow your investments with the added protection of an insurance contract. As part of a well-rounded investment strategy, they can complement your LIRA, TFSA, and RRSP accounts by providing market-based growth potential along with features like maturity and death benefit guarantees. Especially during market downturns, segregated funds can add a layer of security and diversification to your overall financial plan.
SEGREGATED FUNDS ARE
SUITABLE FOR THOSE WHO ARE:
Seeking enough return on their investments to reach savings goals.
Looking for a broad range of quality investment options
Building their savings but looking for protection against market downturns
Looking for guaranteed income for life.
Seeking insurance benefits, including prompt estate settlement
and guarantees.
FEATURES OF SEGREGATED FUNDS
Competitive Fees
Some segregated funds offer maturity and death benefit guarantees with lower management fees than standard mutual funds
Guaranteed Income Options
Some segregated funds offer guaranteed lifetime income, similar to an annuity
Lock in Market Gains
Some segregated funds allow you to reset the maturity guarantee multiple times a year, locking in a higher guarantee if your funds increase in value.
Named Beneficiaries
Naming beneficiaries on non-registered accounts bypasses the estate, helping with estate planning and avoiding will variation issues.
Irrevocable Beneficiaries
Designate an irrevocable beneficiary to approve withdrawals or changes, allowing the owner to retain control while gifting to children or grandchildren.
Competitive Fees
Some segregated funds offer maturity and death benefit guarantees with lower management fees than standard mutual funds.
Guaranteed Income Options
Some segregated funds offer guaranteed lifetime income, similar to an annuity.
Lock in Market Gains
Some segregated funds allow you to reset the maturity guarantee multiple times a year, locking in a higher guarantee if your funds increase in value.
Named Beneficiaries
Naming beneficiaries on non-registered accounts bypasses the estate, helping with estate planning and avoiding will variation issues.
Irrevocable Beneficiaries
Designate an irrevocable beneficiary to approve withdrawals or changes, allowing the owner to retain control while gifting to children or grandchildren.
Linda Metcalfe
Financial Associate, ZLC Financial
Linda is an experienced financial advisor who helps take the confusion and mystery out of insurance and financial products. She has built a career based on kindness and empathy, and her focus is on relating to clients and their worries. It gives her great satisfaction to know that her clients have a sound financial plan for the future, as well as the correct insurance products for the unforeseen life events that can take us by surprise.
