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Segregated Fund |
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Segregated Fund An investment company in Canada that has features of a life insurance policy and a mutual fund. The investment company sells life insurance to policyholders, who have rights to all benefits, just like any other life insurance policy. It then uses the proceeds to buy securities, which it packages and sells as shares in a mutual fund. The two aspects of a segregated fund must be kept separate from each other, except in the manner described above. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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