A mutual fund offered by insurance companies as an alternative to conventional mutual funds and offers a range of investment objectives and categories of securities is _______

Question

Quizplus · Accepted Answer

A segregated fund is a type of mutual fund offered by insurance companies that is similar to a conventional mutual fund but with added benefits such as creditor protection and a death benefit. It offers a range of investment objectives and categories of securities.

A Mutual Fund Offered by Insurance Companies as an Alternative