Segregated funds are insurance products,but similar to mutual funds,and offer a guarantee of as much as 100 percent of the funds invested upon maturity or the death of the owner.

Question

Quizplus · Accepted Answer

Segregated funds are indeed insurance products that function similarly to mutual funds, but with the added benefit of a guarantee of the invested funds upon maturity or the death of the owner.

Segregated Funds Are Insurance Products,but Similar to Mutual Funds,and Offer