Wawanesa Life Segregated Funds
What is a Segregated Fund?
Segregated Funds are investment funds which are offered by life insurance companies. The deposits you make to a Segregated Funds are used to purchase certain investments, the values of which fluctuate based on market conditions. A Segregated Fund is similar to a mutual fund. However, a Seg Fund has a number of distinct advantages:
Death Benefit Guarantee - All Segregated Funds must provide a guaranteed value upon your death of at least 75 % of deposits made to the Segregated Fund.
Maturity Guarantee - All Segregated Funds must provide a guaranteed value upon maturity of the plan of at least 75 % of deposits made to the Segregated Fund.
Beneficiary Designation Available - Naming a beneficiary assures you that at your death, the proceeds of the policy will be paid directly to your beneficiary without passing through a will. As a result, there will be no inclusion of Segregated Fund assets in your estate for probate or legal fees. An added benefit is that the funds will not be held while the estate is being settled.
Possible Creditor Protection - If certain beneficiaries are named, the Segregated Fund may be exempt from seizure by your creditors while you are living and at your death.
Segregated Fund Financial Information
Information Folder
Outlines the features of the Wawanesa Life's Individual Savings Plans, and the features and management of the Market Participation Option Funds.
Financial Highlights
Provides selected financial information about the segregated fund and review the fund's financial performance.
- Download the latest Financial Highlights for the Canadian Equity Index Fund
- Download the latest Financial Highlights for the U.S. Equity Index Fund
- Download the latest Financial Highlights for the International Equity Index Fund
- Download the latest Financial Highlights for the Canadian Bond Index Fund
Financial Statements
Includes the statement of net assets, the statement of investment portfolio and the statement of changes in net assets and operations of The Wawanesa Life Insurance Company Segregated Funds.
- Download the latest Annual Audited Financial Statements
- Download the latest Semi-Annual Unaudited Financial Statement
Segregated Fund Unit Values and Rates of Return
ANY AMOUNT THAT IS ALLOCATED TO A SEGREGATED FUND IS INVESTED AT THE RISK OF THE CONTRACT HOLDER AND MAY INCREASE OR DECREASE IN VALUE.
For more information contact a Wawanesa Life Insurance Advisor or call Customer Service at 1-800-263-6785 for an Advisor in your area.