Segregated funds are an investment product sold through life insurance companies, regulated federally by the Office of the Superintendent of Financial Institutions (OSFI) and sold by insurance advisors. Depending on the seller, segregated funds may also be regulated provincially – in Ontario this is under the Financial Services Commission of Ontario (FSCO). They are individual insurance contracts that invest in one or more underlying assets, such as a mutual fund. Learn more about segregated funds.
Segregated fund performance is reported by the insurance companies who offer the product. They typically provide information on the fund’s performance on their website including annual returns and fees. However, keep in mind that past performance cannot be used as an indication of future return.