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COMPARISON OF 3 POPULAR |
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SEGREGATED FUNDS |
GIC's |
MUTUAL FUNDS |
| These can be volatile, but your principal is guaranteed. | This is a guaranteed interest producing investment. | These are volatile and you do not know how much your investment will be worth in the future. |
| These are passively managed - low risk, and they tend to provide higher rates of return. | These have very low risk and typically pay lower rates of return. | These are actively managed and can have higher risk, but also tend to pay higher rates of return. |
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Under the Unified Insurance Act, with a named beneficiary the proceeds of this fund are creditor - proof, and probate fees are avoided. This type of investment can be an important part of your overall financial & retirement planning strategy. |
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