Segregated Funds

Grow like a mutual fund, protect like insurance

WHAT ARE THEY?
Segregated funds are investment funds that you hold within an insurance contract. Managed by professionals, the money in your contract is "segregated" or kept apart from those of the insurance company. The money is then invested in mutual funds.

BEYOND A MUTUAL FUND
Although segregated funds possess many of the same features as mutual funds, they have some important distinctions.

			Maturity and death guarantees - If held until contract
			maturity, segregated funds guarantee you get back 75 to
			100% of your investment-regardless of market performance.
			This feature is designed to protect your money from market
			instability.
			Creditor protection - Upon death, if you have designated a
			preferred beneficiary, proceeds of your segregated fund can
			pass directly to them. This way, creditor claims, probate,
			lawyer, and executor fees may be avoided.
			Consumer protection - Segregated funds are eligible for
			coverage by Assuris (formerly CompCorp). This plan provides
			protection for policyholders should the insurance company
			collapse (not a market guarantee).

INCORPORATE INTO YOUR FINANCIAL GOALS
Segregated funds can be used in a variety of ways, and tailored to reflect your personal financial goals. Including them in your RRSPs or RRIFs can enhance your retirement assets, whereas establishing a segregated fund "in trust for" a child or grandchild can be an effective way to save for their education or other future expenses.

Managed by professional consultants who have the knowledge and experience to effectively handle your funds, segregated funds can be a great way to diversify your portfolio. Visit your Rice Financial advisor for more information on this and other investment and insurance opportunities.