Investment – Why Invest With Us?
Mutual Funds
All Investments are not created equal. Investors who took great chances with risky financial investments suffered significant losses during the recent economic crisis. Investors are now turning towards an old monetary standard which is robust and low-risk growth: Mutual Funds.
A Wise Choice
At Denikings Insurance & Investment Broker in Toronto, ON, we understand that everyone is different. Your financial goals are personal, and finding the right investment fit can be complicated. We are dedicated mutual fund professionals committed to helping you create the perfect investment plan. When you work with us, you can count on:
- True financial services professionals with an impressive understanding of the market
- A wide selection of mutual fund products
- Investment options to address your short-term and long-term needs
Are mutual fund investments suitable for you? Call Denikings Insurance & Investment Broker today to discuss your financial goals and learn more.
Mutual Funds are sold through Shah Financial Planning Inc., the Mutual Fund Dealer
Head Office: 10 Great Gulf Drive, Suite 208 | Vaughan | ON | L4K 0K7
T: 905-669-5000 F: 905-669-6900
Website: www.shahfinancial.ca
Email: SFP@ShahFinancial.ca
What is a “segregated” fund?
A segregated fund is a fund held by an insurance company, in which the pool of funds is kept separate from the other insurance company assets; therefore, segregated. They are commonly known as “seg funds.”
Mutual fund companies have mutual funds, and insurance companies have seg funds. The fundamental idea behind both funds is the same: potential investment growth for clients.
Like all funds, there is a wide variety of seg funds to suit all clients. Like all investments, seg funds fall into different categories based on risk levels.
Unlike mutual funds, seg funds are designed as insurance contracts. This allows seg funds to offer benefits that mutual funds cannot.
Firstly – seg funds can offer principal guarantees from 75% – 100%. This enables you to participate in the market’s growth potential without worrying about any downturn! That is called “a maturity value guarantee.” It helps protects your investment in all markets.
Secondly – they offer you a death benefit guarantee. Your beneficiaries will receive 100% of your net deposits or the market value of your seg fund – whichever one is greater and bypass probate fees. Probate fees can be as expensive as up to 6% of your investment value.
Thirdly – you can lock in your profits with the “reset” feature. Suppose the market value of your segregated fund investments grows higher than your net deposits. In that case, you can use the “reset” feature and change your maturity and death benefit guarantees based on the new higher value.
Lastly – if you had named your spouse, child, parent or grandchild as the beneficiary of your contract or if you name an irrevocable beneficiary (a beneficiary that cannot be changed), your seg fund investment may be protected from creditors. This varies from province to province.
These are many strong reasons to look at seg funds as a Retirement Solution for your investment dollars.
What is a GIC?
GICs (Guaranteed Income Certificates) are investments that are guaranteed to preserve your principal. Your investment consistently earns interest at a fixed or variable rate. They serve well as the foundation of a well-balanced portfolio.
Benefits of a GIC:
- Security and safety—you are guaranteed to get your original investment and interest payments
- Competitive interest rates—guaranteed rates for the entire term of the investment
- Flexible investment terms range from 1-5, 7 and 10 years.
- You have the choice to choose payment terms (I.e. monthly, yearly)
- Eligible for registered investment plans
Three Types for Greater Flexibility
- Guaranteed-return GICsguarantee that your principle will grow as planned.
- Interest rate-linked GICshelp you benefit from any increase in interest rates without moving or adjusting your previous investments.
- RBC MarketSmart™ GICsoffers you the growth potential of equity markets by connecting to one or more indices. Your principal is guaranteed, while the return depends on the underlying investment’s performance. Some of these GICs may offer a guaranteed minimum rate of return.
Disclosure:
1) Benefits listed above do not apply to all types of GICs.
2) The level of return on the RBC MarketSmart™ GICs is not guaranteed, although some of these GICs may offer a guaranteed minimum return.
3) These RBC MarketSmart™ GICs do not pay you regular interest income or provide a guaranteed rate of return. There may be no return. For complete product details, including calculating the variable return, please refer to the relevant GIC listed on this page, visit your nearest RBC branch or call 1-800-769-2511.
Disclaimer: Insurance, Investment and Mortgage products & services are provided by Devangkumar Shah.
Mutual Funds are sold through Shah Financial Planning Inc., the Mutual Fund Dealer.
Lotus Loans and Mortgage ltd. is the principal mortgage broker.