When your RRSP and TFSA are maxed out, non-registered accounts hold the rest. Seg funds add crucial protections that bank investments can’t match.
Unlike mutual funds, non-registered seg funds let you name a beneficiary. At death, funds go directly to your family — bypassing probate entirely.
For self-employed Canadians and business owners, seg funds may be protected from business creditors. A major planning advantage.
75–100% of your deposits are guaranteed at maturity or death, regardless of market performance.
Despite the guarantees, seg funds participate in market growth through diversified portfolios — similar to mutual funds.