NEVER STORE MONEY – A fertile effort made by most conservative investors is the search for a good long-term investment. There are good investments, but when it comes to stocks and bonds, there are no good long-term investments. The best investment this year will be the worst investment in two or three years, as inflation and interest rates change.
WHAT IS A SEGREGATED FUND? A Segregated Fund (Seg Fund) is a type of investment fund administered by Canadian insurance companies in the form of individual, variable life insurance contracts offering certain guarantees to the policyholder such as reimbursement of capital upon death. As required by law, these funds are fully segregated from the company’s general investment funds, hence the eponym. A Seg Fund is synonymous with the U.S. insurance industry “separate account” and related insurance and annuity products.