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Segregated Funds & Annuities Certification Exam Questions and Correct Answers the Latest Update
Segregated Funds & Annuities Certification Exam Questions and Correct Answers the Latest Update
[Show more]Segregated Funds & Annuities Certification Exam Questions and Correct Answers the Latest Update
[Show more]What is Segregated Funds 
LLQP - SFA VL 01 
 Segregated Fund is also an investment. it is just a fancy version of mutual fund. 
 
 Segregated Fund is an insurance product, and it is an investment. Segregated Funds 
offer some unique features that mutual funds generally do not, such as: 
 - Guarante...
Preview 4 out of 83 pages
Add to cartWhat is Segregated Funds 
LLQP - SFA VL 01 
 Segregated Fund is also an investment. it is just a fancy version of mutual fund. 
 
 Segregated Fund is an insurance product, and it is an investment. Segregated Funds 
offer some unique features that mutual funds generally do not, such as: 
 - Guarante...
Group Registered Retirement Savings Plan (GRRSP) 
 GRRSPs offer investors a limited variety of investment choices, but they have lower 
fees compared with individual RRSPs. 
Cancellation of Segregated Fund Contract 
 An investor may cancel or rescind the segregated fund contract in writing within t...
Preview 2 out of 8 pages
Add to cartGroup Registered Retirement Savings Plan (GRRSP) 
 GRRSPs offer investors a limited variety of investment choices, but they have lower 
fees compared with individual RRSPs. 
Cancellation of Segregated Fund Contract 
 An investor may cancel or rescind the segregated fund contract in writing within t...
The investor who pays a _______pays no further sales fee if she redeems units 
during the term of the contract. 
 front end load 
A segregated fund in a _____is bound by the rule that apply to all_____. 
Therefore, the oldest age at which a contract can begin as an _____is 71, 
deposits can be ma...
Preview 3 out of 29 pages
Add to cartThe investor who pays a _______pays no further sales fee if she redeems units 
during the term of the contract. 
 front end load 
A segregated fund in a _____is bound by the rule that apply to all_____. 
Therefore, the oldest age at which a contract can begin as an _____is 71, 
deposits can be ma...
Segregated Funds & Annuities - Chapter 2 
- Segregated Funds Questions and 
Correct Answers the Latest Update
Preview 2 out of 6 pages
Add to cartSegregated Funds & Annuities - Chapter 2 
- Segregated Funds Questions and 
Correct Answers the Latest Update
Canadian Pension Plan Benefits 
 CPP Income Formula = 8.4% annual tax x number of years x CPP at age 65 
RRSP Contributions 
 RRSP Contribution Room Formula = Income x 18% 
Market-Linked GIC 
 A market-linked GIC has an interest rate that is tied to the performance of the stock 
market, providing t...
Preview 1 out of 3 pages
Add to cartCanadian Pension Plan Benefits 
 CPP Income Formula = 8.4% annual tax x number of years x CPP at age 65 
RRSP Contributions 
 RRSP Contribution Room Formula = Income x 18% 
Market-Linked GIC 
 A market-linked GIC has an interest rate that is tied to the performance of the stock 
market, providing t...
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