About Mutual Funds

What is a mutual fund?

A mutual fund is a group of stocks, bonds and other investments that are owned by a large number of investors and managed by a professional investment company. The money you contribute to a mutual fund buys you shares, or units, of that fund.

Investors should read the simplified prospectus before they purchase any mutual fund. A prospectus clearly defines a fund's investment objective, the investment style of the manager and the types of securities in which the fund will invest. Your financial advisor can help you determine if a mutual fund fits into your overall financial plan.

About Segregated Funds

What is a Segregated fund?

Segregated funds are similar to mutual funds. Both offer investors an opportunity to ‘grow’ their investment capital (the money they invest), and provide access to professional fund management. Usually, both allow investors to diversify with different fund managers and fund types.

Segregated funds offer many of the same investment opportunities and mandates provided by mutual funds but have one important difference -- segregated funds are insurance contracts known as individual variable annuities and are, therefore, governed by the Insurance Act.

It is the insurance contract that provides a number of additional features and benefits that are not available with mutual funds.

The followings are the benefits of Segregated Funds:

-    It has Reset Option
-    It is Creditor Protection
-    All the Segregated Fund is transferable to your beneficiary without paying tax and probate fee.

Thus, Secure your business with Protection before it is too late.