In Wainwright and area the real estate market has never been stronger, and many people are investing in rental properties for income and potential capital growth.
Watching the news, you’ll see that the doom and gloom is even more prevalent than usual, with the stock market riding like a roller coaster, free falling one day only to rally the next.
Well, a segregated fund is explained in easiest terms as a mutual fund run through a life insurance company. Similar to a mutual fund, investors contribute capital that is used to purchase the type of investments specified in the fund’s Information Folder (similar to a prospectus used for mutual funds). Therefore, there are various types of equity, bond, and cash based segregated funds.
Investors being burnt by the traumatic events of the stock market collapse and global recession are understandably making preservation of capital their first priority.
PlanWright is a wholly owned subsidiary of Wainwright Credit Union.