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segregated fund

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Financial Dictionary

Segregated Fund

A type of annuity that is similar to a mutual fund, and is an insurance product and offered only by insurance companies.

Investopedia Commentary

Most segregated funds will guarantee a specific return, anywhere from 70% to 120%, over a certain period of time (five-10 years).

Related Links

Anything But Ordinary: Calculating The Present And Future Value Of Annuities
Mutual Fund Basics Tutorial
20 Investments You Should Know

See also: Annuity, Mutual Fund

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