11/3/25, 3:42 PM Seg Funds and Mutual Funds questions and answers Flashcards | Quizlet
Seg Funds and Mutual Funds questions and
answers
Save
Terms in this set (40)
On November 6, 2016 $0
Jenny purchased a
$200,000 non-registered
segregated fund that
invests in Canadian
equities. The segregated
fund has a 10 year, 75%
maturity guarantee. If this
fund matures on
November 6, 2026 with an
account value of $160,000,
how much will Jenny
receive from the maturity
guarantee?
When presented with a An annuity can be creditor protected and bypass
choice between a bank's probate
5-year GIC and an
insurance company's
deferred annuity for the
same time period, why
might this client choose
the deferred annuity?
https://quizlet.com/1102409439/seg-funds-and-mutual-funds-questions-and-answers-flash-cards/?new 1/17
,11/3/25, 3:42 PM Seg Funds and Mutual Funds questions and answers Flashcards | Quizlet
Sheila works for a TFSA
company that provides
generous group
retirement and investment
plans consisting of a
DCPP, DPSP, GRRSP and
TFSA. In addition to
working for the company,
she also owns a small
marketing business.
Unfortunately her business
is not fairing very well and
she is concerned about
being unable to repay the
debts that her business
has. Sheila is asking you if
any of these group
retirement and investment
plans are not creditor
protected. Which of the
following will you tell her
is not creditor protected?
Which of the following There are usually more investment options in a group
statements is NOT plan
accurate about a GRRSP?
Out of the following list Canadian Bond Fund, Balanced Fund, Dividend Fund
which one list has its
segregated funds in the
correct order of risk?
Which of the following Mutual fund values grow by increases in unit value;
statements is NOT segregated fund values grow by the addition of new
correct? units
https://quizlet.com/1102409439/seg-funds-and-mutual-funds-questions-and-answers-flash-cards/?new 2/17
, 11/3/25, 3:42 PM Seg Funds and Mutual Funds questions and answers Flashcards | Quizlet
Out of the following list, Fund of Funds
which fund will typically
have the most
diversification?
Bobby owns a segregated $60,000 or the guaranteed amount adjusted for
fund contract with a 100% partial withdrawals, whichever is greater
maturity and death benefit
guarantee. Bobby named
his son, Jack, as the
contract's beneficiary.
Bobby passed away today.
The contract was started
with an investment of
$80,000 and Bobby has
withdrawn total of $10,000.
As of today's date the
contract value is $60,000.
As the beneficiary, how
much will Jack receive?
https://quizlet.com/1102409439/seg-funds-and-mutual-funds-questions-and-answers-flash-cards/?new 3/17
Seg Funds and Mutual Funds questions and
answers
Save
Terms in this set (40)
On November 6, 2016 $0
Jenny purchased a
$200,000 non-registered
segregated fund that
invests in Canadian
equities. The segregated
fund has a 10 year, 75%
maturity guarantee. If this
fund matures on
November 6, 2026 with an
account value of $160,000,
how much will Jenny
receive from the maturity
guarantee?
When presented with a An annuity can be creditor protected and bypass
choice between a bank's probate
5-year GIC and an
insurance company's
deferred annuity for the
same time period, why
might this client choose
the deferred annuity?
https://quizlet.com/1102409439/seg-funds-and-mutual-funds-questions-and-answers-flash-cards/?new 1/17
,11/3/25, 3:42 PM Seg Funds and Mutual Funds questions and answers Flashcards | Quizlet
Sheila works for a TFSA
company that provides
generous group
retirement and investment
plans consisting of a
DCPP, DPSP, GRRSP and
TFSA. In addition to
working for the company,
she also owns a small
marketing business.
Unfortunately her business
is not fairing very well and
she is concerned about
being unable to repay the
debts that her business
has. Sheila is asking you if
any of these group
retirement and investment
plans are not creditor
protected. Which of the
following will you tell her
is not creditor protected?
Which of the following There are usually more investment options in a group
statements is NOT plan
accurate about a GRRSP?
Out of the following list Canadian Bond Fund, Balanced Fund, Dividend Fund
which one list has its
segregated funds in the
correct order of risk?
Which of the following Mutual fund values grow by increases in unit value;
statements is NOT segregated fund values grow by the addition of new
correct? units
https://quizlet.com/1102409439/seg-funds-and-mutual-funds-questions-and-answers-flash-cards/?new 2/17
, 11/3/25, 3:42 PM Seg Funds and Mutual Funds questions and answers Flashcards | Quizlet
Out of the following list, Fund of Funds
which fund will typically
have the most
diversification?
Bobby owns a segregated $60,000 or the guaranteed amount adjusted for
fund contract with a 100% partial withdrawals, whichever is greater
maturity and death benefit
guarantee. Bobby named
his son, Jack, as the
contract's beneficiary.
Bobby passed away today.
The contract was started
with an investment of
$80,000 and Bobby has
withdrawn total of $10,000.
As of today's date the
contract value is $60,000.
As the beneficiary, how
much will Jack receive?
https://quizlet.com/1102409439/seg-funds-and-mutual-funds-questions-and-answers-flash-cards/?new 3/17
