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2 Joyce does not know much about segregated funds. Her friend has told her about the guarantees offered by segregated funds and like the idea.
2 Joyce does not know much about segregated funds. Her friend has told her about the guarantees offered by segregated funds and like the idea. She believes that she can Invest in riskler investments in a segregated fund because the downside tisk is protected to large extents. Her twin daughters will commence their studies at a university in the US, this fall. Apart from her Registered Education Savings Plans (RESP) with an account value of $50,000 for each child, Joyce and her husband have saved an additional $150.000 in an equity-based mutual fund account to provide for their daughters education Joyce wants to invest the $150,000 in an equity-based segregated fund with a 100% guarantee so that they do not lose any of their investments even if the markets go down This is not the case with the mutual fund account they currently hold. Joyce approaches you her financial advisor to select a suitable segregated fund for her investment. What do you tell her? . You will have to do a fund analysis and then tecommend the best fund for their investment. She should choose a fund with a 100%/100% guarantee, though the maturity period could be 15 years for such a fund CO She should select a fund with automatic resets as the growth will be locked in automatically do Segregated funds are not a suitable Investment as her time horteon is too short for an investment in a segregated fund. gregated funds. Her friend has told her about the guarantees offered by segregated risk is protected to large extents. Her twin daughters will commence their studies a vings Plans (RESP) with an account value of $50,000 for each child, Joyce and her h loyce wants to invest the $150,000 in an equity-based segregated fund with a 100% nd account they currently hold. isor, to select a suitable segregated fund for her investment. What do you tell her? nalysis and then recommend the best fund for their investment. vith a 100%/100% guarantee, though the maturity period could be 15 years for such th automatic resets as the growth will be locked in automatically. suitable investment as her time horizon is too short for an investment in a segregat
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