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Segregated Fund
(redirected from Segregated Funds)

   Also found in: Wikipedia 0.01 sec.
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.


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8 /PRNewswire-FirstCall/ -- IntercontinentalExchange , a leading operator of regulated global futures exchanges, clearing houses and over-the-counter (OTC) markets, today announced that it will deliver trade date clearing, concurrent with the launch of its segregated funds credit derivatives clearing solution for CDX, followed by segregated funds and trade date clearing for iTraxx.
NEW YORK, September 8 /PRNewswire/ -- IntercontinentalExchange(R) (NYSE: ICE), a leading operator of regulated global futures exchanges, clearing houses and over-the-counter (OTC) markets, today announced that it will deliver trade date clearing, concurrent with the launch of its segregated funds credit derivatives clearing solution for CDX, followed by segregated funds and trade date clearing for iTraxx.
 
 
 
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