Segregated funds a - Study guides, Class notes & Summaries

Arnold is a self-employed truck driver with 20 years of experience. He is looking to invest his life savings in segregated funds for the creditor protection and the ability to designate specific beneficiaries on the segregated fund contract. In his line of work, Arnold knows accidents can happen and he would like to ensure that his family will not receive less than what he invested if he were to die unexpectedly. He has been investing for the last two decades and has seen a few market cycle...

Segregated Funds and Annuities Exam Questions and Answers (Graded A)Segregated Funds and Annuities Exam Questions and Answers (Graded A)Segregated Funds and Annuities Exam Questions and Answers (Graded A) Investing - ANSWER-using money to make money Principal - ANSWER-initial capital/seed sometimes ACB (adjusted cost base)

Sheldon's investment portfolio is comprised of both registered and non-registered accounts. He is aware that his holdings in registered accounts are tax-sheltered, but any investment income in his non-registered account will be taxed. Therefore, Sheldon is looking for the most tax-efficient option for his non-registered investments. Which of the following segregated funds will be of most interest to him from a tax perspective? a) Real Estate Fund b) Canadian Bond Fund c) Canadian Dividen...

Seg Mock Exam 8 Latest Update Already Passed Sheldon's investment portfolio is comprised of both registered and non-registered accounts. He is aware that his holdings in registered accounts are tax-sheltered, but any investment income in his non-registered account will be taxed. Therefore, Sheldon is looking for the most tax-efficient option for his non-registered investments. Which of the following segregated funds will be of most interest to him from a tax perspective? a) Real Estate Fund ...

Seg Fund Exam Questions with correct Answers Question 1 Grace's personal net worth shows the following assets: • RRIF: $420,000, all invested in GICs • Home: $560,000 • Cottage: $320,000 • Savings account: $70,000 She also has the following liability: • Mortgage on the cottage: $40,000 Based on the information provided, which of the following conclusions corresponds to the Grace's situation? a) She has more than enough assets to last through her retirement. b) She has low...

Segregated Funds and Annuities (SFA) Exam 2024 What is Segregated Funds LLQP - SFA VL 01 - Correct Answer-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: - Guarantees - Ability to BY-Pass Probate - Creditor Proofing A segregated Fund is a great product but remember it's not Life Insurance! rather, it...

Segregated Funds and Annuities (SFA) Exam 2024 What is Segregated Funds LLQP - SFA VL 01 - Correct Answer-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: - Guarantees - Ability to BY-Pass Probate - Creditor Proofing A segregated Fund is a great product but remember it's not Life Insurance! rather, it...

Segregated Funds & Annuities - Chapter 2 - Segregated Funds with Complete SolutionsSegregated Funds & Annuities - Chapter 2 - Segregated Funds with Complete SolutionsSegregated Funds & Annuities - Chapter 2 - Segregated Funds with Complete SolutionsSegregated Funds & Annuities - Chapter 2 - Segregated Funds with Complete Solutions A segregated fund is also known as what? - ANSWER-An Individual Variable Contract or IVIC What investment fund would be most appropriate when an objective is to (f...

Segregated Funds and Annuities | 144 Questions and Verified Solutions Latest Update What is Segregated Funds LLQP - SFA VL 01 - Answer -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: - Guarantees - Ability to BY-Pass Probate - Creditor Proofing A segregated Fund is a great product but remember it'...

front end load - ANSWER-The investor who pays a _______pays no further sales fee if she redeems units during the term of the contract. Registered retirement savings plan - ANSWER-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 made untill December 31 of the year in which the contract owner turns 71 Then, the _____is converted to a registered retirement income fund (RRIF). Regi...