Are the life insurance industry equivalent to a mutual fund with some differences. The term "Mutual Fund" is often used generically, to cover a wide variety of funds where the investment capital from a large number of investors is "pooled" together and invested into specific stocks, bonds, mortgages, etc. Unlike mutual funds, seg funds offer guarantees at maturity or death on the limit of potential losses.
An investment fund similar to a mutual fund but offered through a life insurance company. Segregated funds offer additional security features compared to mutual funds.
a mutual fund offered by a life insurance company
a pool of investments that is segregated from the general assets of an insurance company
a pool of money, invested in stocks, bonds or Treasury Bills held solely for the benefit of the unitholders of the fund and cannot be touched by creditors of the insurance company
A pooled investment fund, much like a mutual fund, established by an insurance company and segregated from the general capital of the company. Its chief distinction from a mutual fund is its guarantee that, regardless of fund performance, at least a minimum percentage of the investor's payments into the fund will be returned when the fund matures.
Insurance companies offer a "segregated fund" category, which is comparable to the mutual fund category. Like mutual funds, segregated funds offer a wide variety of investment objectives and categories - bond funds, equity funds, diversified funds, international funds, specialty funds, etc. Segregated funds are the only funds to offer a guarantee on the amounts invested. This guarantee is 75% or 100% at the maturity date and 100% upon the subscriber's death.
Scheme assets invested by an external investment manager, independently of other funds under its control. Often used to indicate an individual portfolio of stocks and shares in contrast to a pooled fund.
A pool of investments that is held and managed separately (i.e., segregated) from other similar pools or funds and the general funds of the life insurance company. The benefits of contracts issued through a segregated fund are based on the market value of the investments in the fund.
Is an insurance-based investment option that allows you to combine your money with many other investors. Each individual investor buys units of the segregated fund. The professional manager then takes the pool of money to the marketplace and invests in a variety of investments consistent with the fund’s objective.
(Gestion distincte) An account exclusively designed for the management of a given pension fund or portfolio.
This is when a pension scheme's assets are managed by an investment manager from outside the scheme, but are kept separate from other assets that the investment manager controls.
Like mutual funds, segregated funds offer a range of investment objectives and categories of securities. These funds have the unique feature of guaranteeing that, regardless of how poorly the fund performs, at least a minimum percentage (usually 75% or more) of the investor's payments into the fund will be returned when the fund matures.
An investment or co-mingled fund offered by a Canadian life insurance company that invests in a portfolio of securities on behalf of several investors. It is held separate from the insurer's general assets and provides various insurance benefits.
Pension scheme investments managed along side, but separately from, other investments under control of a particular manager.
Segregated Funds are a classification of funds administered by an insurance company in the form of individual, variable life insurance contracts offering certain guarantees to the policyholder such as reimbursement of capital upon death.
