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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The state would pay for that construction with $110 million worth of segregated funds and another $65 million of borrowing.
For example, they claim that the ACA's current policy--under which federal dollars cannot pay for abortion coverage, but segregated funds from enrollees' premium payments can --indirectly allows federal dollars to fund abortion by "freeing up" other resources.
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 Commodity Futures Trading Commission, E-Trade reported that at the end of May it had $61,181,903 in customer segregated funds, showing the size of its futures business.
The equivalent of variable annuities in the United States, segregated funds are guaranteed by the life insurer (the guarantee varying between 75 and 100 percent of the original investment) if held for a required length of time (typically 10 years).
For several years, PFG management had been fabricating audit confirmation replies that were sent to its regulator in order to conceal an ongoing embezzlement of customer segregated funds. According to the bankruptcy trustee, PFG had embezzled about $200 million of its customer segregated funds (Peterson, 2014).
Founded in 1892, iA Financial Group offers life and health insurance products, mutual and segregated funds, savings and retirement plans, RRSPs, securities, auto and home insurance, mortgages and car loans and other financial products and services for both individuals and groups.
The company offers a range of life and health insurance products, savings and retirement plans, RRSPs, mutual and segregated funds, securities, auto and home insurance, mortgage loans and other financial products and services for both individuals and groups.
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
Futures Brokerage customers of MF Global are still reeling under the impact of the loss of USD1.6bn in segregated funds. The company filed for bankruptcy in October last year.
The enhanced offering is regulated under the UK's Financial Services Authority, which has the additional benefit of providing clients segregated funds protection.