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.
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BMO Insurance offers an extensive portfolio of innovative individual, annuity, segregated funds, as well as accident and health products plus a solid history of strength and unparalleled expertise in meeting client needs.
According to the CFTC, by late May it had just over $1 million in customer segregated funds.
markets a range of investment products, including mutual funds and segregated funds managed by leading portfolio advisors.
Barclays has appointed Finlay MacDonald as a vice president to the charities and segregated funds team in Scotland, based in Glasgow.
The Futures Brokerage Business and Segregated Funds
Registered Education Savings Plans and Registered Retirement Savings Plans as well as segregated funds experienced large drops; eight seven and eight points, respectively.
31, hours after telling regulators that as much as several hundred million dollars in customer segregated funds were missing.
Nonqualified Contributions: Qualified contributions exclude contributions for establishing new, or maintaining existing, segregated funds or accounts if the donor (or the donor's appointee or designee) has, or reasonably expects to have, advisory privileges regarding distributions or investments because of the donor's status as donor.
These segregated funds offer no tax-favored status when sold on a stand-alone basis, but are tax-deferred inside a UL contract up to a limit that depends on the amount of insurance coverage in the contract.
Segregated funds appear to offer the shade they seek.
According to OMB Watch, if Shays and Meehan win the lawsuit, it will "further complicate rules for grassroots lobbying and public education; chill nonprofit lobbying for fear of criminal penalties; and require nonprofits to raise funds for separate segregated funds to pay for grassroots lobbying broadcasts to avoid the penalties.
Many exempt and nonexempt organizations have established separately segregated funds under Sec.