Income Fund Sun Life

The fund aims for income generation and capital appreciation by investing primarily in dividend or income paying securities including royalty trust units real estate investment trust units and limited partnership units and other exchange listed participating securities.

Income fund sun life. Transfer the money to a registered retirement income fund rrif product. The fund may also invest in securities of other mutual funds. Depending on the pension rules in your province you may be required to do this at a certain age. As the assets in the fund rise in value your share of the fund typically measured in units will also increase in value.

Each fund has a written investment goal that. Aditya birla sun life income fund an open ended medium term debt scheme investing in instruments such that the macaulay duration of the portfolio is between 4 7 years this product is suitable for investors who are seeking income with capital growth over medium to long term. Income fund is offered as a fund option exclusive to sun maxilink one which is an investment linked life insurance product regulated by the insurance commission. Guaranteed investment certificates gics the options you choose depend on what you need.

Sun life global investments is a trade name of slgi asset management inc sun life assurance company of canada and sun life financial trust inc. View the latest vul income fund performance report. You can use money remaining in a lif to purchase a secure guaranteed income in a life annuity. Mutual funds are managed by professionals who make the investment decisions for the fund with the goal of increasing the overall fund value.

Lrifs rlifs and prifs are only available in some provinces. A registered retirement income fund rrif is a great way to use your rrsp savings to generate retirement income while continuing to have taxes deferred on your investment growth. The fund is invested only in foreign currency denominated high quality fixed income and fixed income linked instruments that are. Money invested in segregated funds contracts may also be protected against seizure by creditors.

Income fund is invested only in high quality fixed income instruments that are classified as below average risk. Take the value of your rrsps in cash. You can name a beneficiary to receive your money after you die. Segregated fund contracts purchased with non registered.

Some segregated fund contracts also offer income guarantees. Investments in debt and money market instruments. Global income fund is offered as a fund option exclusive to sun maxilink dollar one sun flexidollar and sun flexidollar1 which are investment linked life insurance products regulated by the insurance commission. Sun life product types that offer rrif registration are.

Most people prefer not to cash out because all the money will be taxed in 1 year. If the value of the fund s assets decreases so will the value of your units. This can be a big advantage for business owners and professionals wanting to protect against an unexpected lawsuit or bankruptcy.