1 Which of the following investors of a segregated funds contract will NOT benefit from the contract's maturity guarantee? ZnFadkJEYm91SVgxL1h6YUR1CUU5Zz09 > b. a. O Craig, whose contract is nearing maturity but the fund's market value had reduced drastically Megan, who decided to reset her segregated funds contract which is maturing in two years Alan, who is surrendering his segregated funds contract which he purchased five years ago d. O Zoey, who withdrew some funds from her contract on which her spouse is the beneficiary ZnFadkJEYm91SVgxL1h6YUR1cUU5Zz09 > C.
1 Which of the following investors of a segregated funds contract will NOT benefit from the contract's maturity guarantee? ZnFadkJEYm91SVgxL1h6YUR1CUU5Zz09 > b. a. O Craig, whose contract is nearing maturity but the fund's market value had reduced drastically Megan, who decided to reset her segregated funds contract which is maturing in two years Alan, who is surrendering his segregated funds contract which he purchased five years ago d. O Zoey, who withdrew some funds from her contract on which her spouse is the beneficiary ZnFadkJEYm91SVgxL1h6YUR1cUU5Zz09 > C.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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In segregated funds, investors have been given guarantee of 75% or 100%(in some contracts) of capital invested if you are holding the investment till maturity or investor's death whichever is earlier.
Guarantee amount is given after deducting your all withdrawals.
If you are not holding the investment till maturity, you will not get the benefit of contract maturity guarantee.
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