Guarantee At Maturity or Death
At maturity or death, capital protection allows an individual to recover 75% or 100% of the amount invested if the market value of the funds are lower than the original invested amount.
Investment Growth Protected Through Resets
Every year the possibility of locking in gains is possible, thereby protecting an individual’s profit or market growth.
Reduction or Elimination of Probate Fees
Guaranteed Investment Funds allow individuals to designate beneficiaries and therefore avoid paying several fees associated with estate settlement, including probate fees. Probate fees vary according to province of residency and an individual’s personal situation.
Creditor Protection Possibility
Credit protection is provided and this can be an extremely beneficial feature for certain professionals and small business owners. Certain conditions apply.
Quick Settlement at Death
The value of the funds is promptly paid to beneficiaries upon death.
Possibility of Guaranteed Income for Life
With some forms of Guaranteed Income Funds and some specific insurer investment programs, access to guaranteed income for life is available, thereby never worrying about losing capital.
Assuris Protection
Guaranteed Investment Funds made available to investors are issued by insurers who are members of Assuris, a consumer protection program that provides investors with a level of protection against the loss of benefits due to bankruptcy of a member company.
Increased Level of Confidentiality
In the event of death, the amounts payable to beneficiaries are paid directly to those listed in the contacts. By doing this, one avoids public proceedings, such as probate, where contents of a will may be made public.
Liquidity
Guaranteed Investment Funds are priced daily, therefore one always has easy access to their funds at current market values.
Professional Portfolio Management
Experienced money managers select the securities in the fund which can comprise a wide array of stocks and bonds depending on the objectives of each individual fund.
Reduction or Elimination of Probate Fees
Guaranteed Investment Funds allow individuals to designate beneficiaries and therefore avoid paying several fees associated with estate settlement, including probate fees. Probate fees vary according to province of residency and an individual’s personal situation.
