Segregated Funds vs. Mutual Funds
Save for your retirement on a tax-sheltered basis – grow your money faster!
Segregated funds are similar to mutual funds in a few ways. You invest in a fund, both contain a diversified group of investments, it’s easy to access your money, and they both offer professional money management.
There are, however, some unique advantages to segregated funds that mutual funds don’t offer:
- Maturity guarantees – A segregated fund policy guarantees that the value of your investments at maturity will not be less than a specified percentage of the amount you invest.
- Death benefit guarantees – Your beneficiary will receive the guaranteed amount or market value of your investments—whichever is higher.
- The ability to bypass probate – Your beneficiaries get their payout faster, the privacy of your affairs is maintained and the cost of probate fees is avoided.
- Potential creditor protection for non-registered accounts – Your segregated fund assets may be protected from creditors in the event of bankruptcy.
- Resets – The ability to lock in market gains on your investment.
For any question regarding insurance, investment, for a no-obligation insurance quote, consultation & second opinion. Please feel free to reach out!
Swinder Jodhka
416-825-3091
Broker, SSJ Financial Services
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