(NC)-With an uncertain economic outlook causing many investors to review their portfolios, many are looking for simple and secure products to include in their financial plan.
Segregated funds, also known as Guaranteed Investment Funds, are one such option.
"These funds allow you to realize significant growth during an economic boom, while providing protection if the market slows down," says Tony Bagnato, vice president, Wealth Management, with the life insurance division of RBC Insurance.
Here's some additional information on segregated funds.
1. What are segregated funds?
A contract that combines the growth potential of a mutual fund with the benefit of guarantees on your investment. These guarantees provide investors with protection in a volatile financial market.
2. Who should consider segregated funds?
Segregated funds can suit all types of investors, particularly those with a more conservative risk profile, along with individuals nearing retirement or planning estate transfers. Segregated funds can also fit the needs of small business owners or self-employed professionals.
3. Why would I choose a segregated fund rather than a traditional savings product?
Segregated funds provide investors with a protected way of participating in the market., These funds allow investors to control where their money is invested, while also benefiting from gains due to strong market performance.
For more information about RBC Insurance Guaranteed Investment Funds, please contact RBC Life Insurance Company at 1-800-991-0707, visit www.rbcinsurance.com/segregatedfunds or call your insurance representative.
Credit: www.newscanada.com