Segregated Funds

If you're like thousands of Canadians who worry about having enough money to retire comfortably, you can relax. There is a way to maximize  the growth potential of your investment while giving you security and a peace of mind - Segregated Funds. With Segregated funds you can have the best of both worlds.

Segregated Funds come with guarantees designed to protect your money. At maturity (a term of at least 10 yrs.) or death, you're guaranteed to receive either 75 or 100 per cent of your premium deposits. Regardless of how the fund performs, you will receive either the guaranteed amount or the market value of your premium deposits, whichever is greater.

Segregated funds give you an even greater measure of protection by providing a powerful opportunity to maximize your guarantee. The reset/freeze feature allows you to take advantage of upswing in the market and lock-in any gains in the market value.

Segregated funds give you the power to limit your personal liability through the possibility of creditor protection. How? As a life insurance contract, Segregated funds are regulated by Insurance Legislation and enjoy the features and benefits of life insurance. Creditor protection may not apply in all cases, so it's best to check with your financial and legal advisors on how this feature may apply to you.

With a Segregated Fund you have the confidence of knowing that you will get the most from your estate planning efforts. By naming an appropriate beneficiary, they can be structured to avoid passing any proceeds through your estate at the time of your death. In doing so, your estate avoids the probate and legal fees you would otherwise have to pay on the value of the fund.

Segregated Funds allow you to choose the investment mix that works best for your unique situation. The wide range of funds offers various investment strategies, levels of risk and potential returns. And the fund options cover the world, giving you the advantage of the potential growth in both domestic and international economies. You can easily transfer money between funds, providing you with excellent control.

To check out the Segregated fund rates, check the Transamerica Life and globefund.com web sites.