Segregated funds - Study guides, Class notes & Summaries

Segregated funds & annuities (advocis material)

A GIC (Reference: Chapter 1) A client wants to ensure the full original investment will be repaid, plus a profit. What would be an appropriate recommendation for this client? Interest. (Reference: Chapter 1) Mary owns stock in a US-based company which trades on the Nasdaq exchange. Mary receives a dividend from her stock. How is the dividend taxed?

HLLQP - SFA 02 FC - Segregated Funds Questions and Answers 100% VerifiedHLLQP - SFA 02 FC - Segregated Funds Questions and Answers 100% VerifiedHLLQP - SFA 02 FC - Segregated Funds Questions and Answers 100% Verified

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's not Life Insurance! rather, it's an investment somewhat similar to a Mutual Fund...

Investing - ANSWER-using money to make money Principal - ANSWER-initial capital/seed sometimes ACB (adjusted cost base) Fair market value - ANSWER-current value of a property Return, gain, growth, interest - ANSWER-profit above the principal Liquidity - ANSWER-quick, easy, conversion to cash, without affecting value Volatility - ANSWER-fluctuation in investment value Leveraging - ANSWER-borrowing money to invest a "multiplier" of risk and return Inflation - ANSWER-in...

Segregated Funds and Annuities (SFA) Exam

Segregated funds & annuities (advocis material) Exam Questions and Answers front end load -Correct 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 -Correct 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...

Segregated Funds and Annuities Exam Questions and Answers