Get acquainted with segregated funds
An insurance-based investment that for some, is a perfect fit. The financial world uses a language that can be confusing for people who don’t have a deep understanding of investing. It can be more difficult when it comes to a particular product they may have heard of, but don’t have a firm grasp on its intent or how it works. Segregated funds are a unique kind of investment product and getting acquainted with a few key terms can help boost your knowledge. Segregated fund contract: A pool of investments held by an insurance company and managed separately from its other investments. A se...