There
are approximately 41 companies offering 1900 + segregated funds in Canada.
Of these, we feature the best performing four and five star funds as selected
by Globefund. A click on any segregated fund on our list will bring you to
all the information about the fund.
You
are in no way limited from moving, without charge, within funds of a particular
group e.g. the funds of National Life, which range from a conservative bond
fund to a more aggresive fund such as the NASDAQ
The Hughes Trustco Group does not have any in-house segregated funds to promote.
All funds offer up to a 100% guarantee of the return of your invested
capital at death or maturity; the full details are in the Information Folder
sent with the Application.
Features
Of Segregated Funds
Segfunds
enable investors to reduce risk and gain the possibility of greater reward
by diversifying their holdings across different asset types, companies, industries
and regions. And you can build in your own profit by using the reset option.
For
example, you invested $25,000 and the value now is $30,000. You can now exercise
an option to capture that $5,000 or 20% gain, increasing the amount guaranteed
at death or maturity. And you can lock-in more than once.
Segregated
funds have 2 other advantages. With a named beneficiary, your funds normally
will be protected from your creditors and at death, with a named beneficiary,
your funds go directly to your beneficiary, without probate fees.
|
Segregated
Funds vs Mutual Funds
| Benefits |
Segregated
Funds |
Mutual
Funds |
| Maturity
and Death Guarantees |
Yes |
No |
| Reset
Option to Lock Gains |
Yes |
No |
| Creditor
Proofing |
Probably |
No |
| Estate
Planning Advantage |
Yes |
No |
|
Creditor
Proof
With a named beneficiary, your funds normally will be protected from your
creditors. This situation is in a state of flux.
Probate
With a named beneficiary, your funds go directly to your beneficiary, without
probate fees.
Withdrawal
As we sell all our segregated funds without a "load" or fee, you
are not "locked-in" to any Fund group. And this applies to registered
or non registered funds.
Tax
Advantages
