What is segregated fund?
Definition
Educational information only. Last reviewed August 25, 2026.
How it works in Canada
Guarantees are typically stated as a percentage of deposits, adjusted for withdrawals, and apply at contract maturity or on death rather than at any moment in between. Fees are usually higher than comparable mutual funds because of the guarantees.
Example
An investor holding a contract with a 75% maturity guarantee is entitled to at least that percentage of deposits at the maturity date, regardless of market value at that time, subject to contract terms.
Learn more
Written and reviewed by CanadaGFI.ca Editorial Team
Licensed insurance and financial professionals contributing to CanadaGFI.ca
Published and last reviewed August 25, 2026. Read our editorial policy and disclosures.
This page is educational information about Canadian financial concepts. It is not personalized financial, tax, insurance or legal advice, and it does not consider your individual circumstances. Product availability, eligibility, pricing and tax treatment depend on the provider, your situation and current Canadian rules. Speak with a professional licensed in your province before acting.
A 30 minutes can shape your next 30 years.
Book a complimentary consultation with a licensed advisor from our independent GFI Canada Agent team. Insurance and financial products are offered through appropriately licensed advisors.