Can You Get Guarantees in The Stock Market?
Yes You Can!
You Can Do This By Using Segregated Funds!
Segregated Funds are also called Individual Variable Insurance Contracts (IVICs) or Guaranteed Investment Funds.
Segregated funds in an IVIC are held by an Insurance Company. These funds are separate (“segregated”) from the other assets of the Insurer.
These funds are similar to mutual funds but differ in that they have a GUARANTEE!
The maturity guarantee means that your deposits have unlimited potential for growth while limiting the risk of loss.
Segregated Funds (IVICs) are contracts that guarantee at least 75% – 100% of your deposits will be returned at the end of the 15 year period (regardless of the market at the time) or 75% – 100% if death occurs during the period of the contract.
Of course you can cancel the contract at anytime for the then current market value less charges.
Other Advantages
Choice:
Each insurer offers many types of segregated funds from which you can choose.
Bypass Probate:
Your segregated fund contracts are exempt from Probate if your Beneficiary is not the Estate.
Creditor Proof:
Creditors cannot lay claim to the proceeds of your segregated fund during lifetime of the contract when your spouse, child, grandchild, or parent has been named as a beneficiary.
Bankruptcy Protection:
Your segregated funds are exempt from seizure in bankruptcy proceedings as long as the purchase of the fund was made in good faith and not to avoid debts.
Reset Feature:
Some segregated funds allow their values to be locked in or reset. The number of resets may be limited. The results of the resets are that growth in the value of your fund is locked in. Those gains on paper become real and cannot be eroded by a downturn in the fund’s value.
Favourable Tax Treatment:
Your segregated Funds receive favourable tax treatment as capital gains and capital losses are reported on an ongoing basis. Capital losses can be deducted from capital gains.
N.B. Mutual fund holders can only receive capital gains and as result cannot use capital losses to offset capital gains.
Call or email me for more information!
Phone: 250-979-0570
