Money Monitor: Segregated funds make guarantees, for a price
As stock markets take a volatile ride amid concerns about the possibility of a global economic slowdown and the U.S.-China trade war, segregated funds may offer a measure of protection for nervous investors. But, the benefits of the guarantees that come with segregated funds come at a cost and advisers say it's important for investors to understand the benefits and costs that come with any guarantees they may offer. Patrick Fitzgerald, an adviser with Sun Life Financial in Manotick, Ont., says segregated funds are typically for a conservative investor. (August 29, 2019.) Use our news video on your website or broadcast: http://www.thecanadianpress.com/multi... THE CANADIAN PRESS / cdnpress / thecanadianpress The Canadian Press is Canada’s most trusted news leader in providing real-time, bilingual multimedia content for online, mobile and emerging platforms.

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