Are you looking for a mutual fund with insurance protection? Consider a Segregated Fund purchased through Walton Financial Group
The Walton Financial Group in Barrie, Ontario provides access to Segregated Funds
Segregated Funds are variable deferred annuity contracts with insurance protection in the event of death. It is the insurance contract that allows for many of the benefits of segregated funds, some of which are:
- Principal guarantees at maturity and death: Segregated funds offer guarantees at maturity or death on the limit of potential losses – normally 75% to 100% of original deposits, less any withdrawals.
- Market gains can be locked in and guaranteed (“Resets”): Many segregated funds provide options to “reset” market gains at a specified time – this reset will lock in all gains for a higher capital guarantee.
- By-pass probate: At death, proceeds of a segregated fund can pass directly to a named beneficiary, and are not subject to creditor’s claims, probate, lawyer’s or executor’s fees.
- Potential creditor protection: As long as a preferred beneficiary is designated, the potential for creditor protection exists during the policyholder’s lifetime, even if a bankruptcy occurs.
- Investment options similar to retail mutual funds.
The team at Walton Financial Group in Barrie, Ontario has a number of Segregated Fund options. Call to make an appointment with a financial advisor today.
