
Segregated Funds or Seg Funds are life insurance products. A segregated fund is similar to a mutual fund but has unique feature, such as the guarantee of all or part of the principal. If the fund loses value because of poor market performance, you get part or all of your original capital back but only if you keep the fund for a specific period of time, typically ten years. Segregated funds offer the possibility of protection from creditors. They are held separately from the insurance company's other assets, hence the name.
This information is generic and does not constitute financial advice. You should consult us before purchasing. Ektos Financial offers a selection of Insurance and Investment solutions that may fit your P.A.C.T plan.
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