Wealth Management
Your retirement should be a time to relax and enjoy the life you’ve worked hard to build. The right investment products and retirement income options can help you do just that—by managing your savings wisely and providing a steady stream of income when you need it most.
Whether you’re looking to grow your wealth or create a reliable retirement income, these options are designed to help you maximize your financial potential and enjoy peace of mind throughout your retirement years.
Investment and Wealth Management products
These products and options are great ways to manage your savings and receive an income during retirement.( Select a Drop Down section Heading below for more details )
A mutual fund combines the money from many investors into a pool. These pools of money are invested in stocks, bonds or other securities. Each pool is managed by a professional investment manager.
What Is a Mutual Fund?
A mutual fund is a powerful investment tool that allows you to grow your money without the stress of managing it yourself. It’s essentially a pool of money collected from many investors, used to buy a diverse mix of investments—like stocks, bonds, and other assets—all managed by professional fund managers who make decisions on your behalf.
What Do Mutual Funds Invest In?
Mutual funds can focus on a variety of investment types to match different goals and risk levels, such as:
- High-Quality Government & Corporate Bonds – for stable, fixed-income returns
- Large Company Stocks – offering growth potential from well-established businesses
- Global Stocks – investing in companies from specific countries or regions
- Industry-Specific Stocks – targeting sectors like technology, healthcare, or energy
- Balanced Portfolios – a strategic mix of both stocks and bonds for diversification
💼 How Do Mutual Funds Work in Canada?
When you invest in a mutual fund, your money is combined with that of other investors to create a larger pool. Professional fund managers then invest this pool in a range of assets based on the fund’s goals.
- As the value of the fund’s investments rises, so does the value of your “units” in the fund.
- If the investments decline, the value of your units may decrease as well.
Where Can You Hold Mutual Funds?
You can invest in mutual funds through a variety of registered and non-registered accounts, including:
The Benefits of Investing in Mutual Funds
Looking for an easy, effective way to grow your wealth? Mutual funds offer a powerful combination of professional management, diversification, and access to a wide range of investments—all designed to help you reach your financial goals with confidence.
1. Expertly Managed by Professional Fund Managers
When you invest in a mutual fund, you’re not navigating the markets alone. A professional fund manager handles all the heavy lifting, making smart decisions about which stocks, bonds, or other assets to buy and sell—so you don’t have to.
- Extensive Experience: Fund managers are backed by deep market knowledge and advanced research tools to identify the best opportunities.
- Strategic Decision-Making: They actively monitor market trends and adjust the fund’s investments to maximize returns and manage risks.
2. Easy Diversification for a Balanced Portfolio
Diversification is key to reducing risk—and mutual funds make it simple. Instead of putting all your eggs in one basket, your money is spread across a variety of:
- Asset Classes: Stocks, bonds, and other investment types
- Geographic Markets: Global opportunities across different countries and regions
- Investment Styles: Growth, value, income-focused strategies, and more
This broad exposure means that if one investment or market underperforms, it’s less likely to significantly impact your entire portfolio.
3. Access to a Wide Range of Investments—Even with a Modest Budget
You don’t need to be a millionaire to build a diversified portfolio. When you buy units in a mutual fund, you’re pooling your money with other investors, giving you access to:
- A broader mix of investments than you could afford individually
- Opportunities in global markets and high-value assets
- Professional management typically reserved for larger portfolios
Ready to Grow Your Wealth?
Mutual funds offer a simple, diversified, and professionally managed way to invest. Connect with an advisor today to explore how mutual funds can help you achieve your financial goals.
A segregated fund is an investment fund that combines the growth potential of a mutual fund with the estate planning benefits of a life insurance contract. These contracts offer guarantees and some additional benefits which can help protect your investments.
What Is a Segregated Fund Contract?
Looking for an investment that offers both growth potential and financial security? A segregated fund contract might be exactly what you need. Available exclusively through life insurance companies, segregated funds are similar to mutual funds because they pool money from multiple investors to invest in stocks, bonds, and other securities.
However, segregated fund contracts come with a powerful advantage: they offer built-in guarantees and unique benefits tied to life insurance. While they may have higher fees than mutual funds, the added security and peace of mind can be well worth it.
🌟 Key Benefits of Segregated Fund Contracts
1. Built-In Guarantees: Protect Your Investment
One of the standout features of segregated fund contracts is the protection they offer for your original investment:
- Maturity & Death Benefit Guarantees: Get back 75% to 100% of your original premiums (adjusted for any withdrawals) at the contract’s maturity or upon death.
- Income Guarantees: Some contracts even provide guaranteed income options, ensuring a steady income stream regardless of market fluctuations.
2. Beneficiary Designation: Simplified Estate Planning
With segregated fund contracts, you can name a beneficiary directly, which offers several advantages:
- Faster Payouts: The death benefit—either the contract’s value at the time of death or the guaranteed amount, whichever is higher—bypasses probate, ensuring your loved ones receive the funds quickly.
- Flexible Payout Options: Choose how your beneficiary receives the benefit—either as a lump sum or through a payout annuity for steady income.
- Privacy Protection: Since the payout skips the estate process, it helps keep your financial affairs confidential.
3. Potential Creditor Protection: Safeguard Your Assets
In certain cases, segregated fund contracts can offer protection from creditors, making them an attractive option for business owners, professionals, and entrepreneurs looking to shield personal assets from legal claims.
4. Guaranteed Income for Life: Financial Stability You Can Rely On
Some segregated fund contracts offer lifetime guaranteed income, providing you with a reliable income stream no matter how markets perform. This is especially valuable for retirees seeking long-term financial security.
Why Choose a Segregated Fund Contract?
Segregated fund contracts combine the growth potential of market-based investments with the security of life insurance guarantees. They’re perfect for investors who want to build wealth while protecting their assets, securing their legacy, and ensuring financial peace of mind.
Ready to invest with confidence?
Connect with an advisor today to learn how segregated fund contracts can support your financial goals.
We offer two types: insurance GICs and trust GICs. Your principal and interest are guaranteed, safeguarding you from changes in the market.
Different Guarantees to Meet Different Needs
When it comes to securing your hard-earned money, guaranteed interest products (GIPs) offer the perfect balance of safety, stability, and growth. Designed for those who want to protect their principal while earning a guaranteed rate of return, these products come with a variety of features tailored to meet different financial goals.
Whether you’re planning for the short term, looking to lock in returns for the long haul, or need the flexibility of daily interest investments, there’s a GIP designed just for you.
🌟 Why Guaranteed Interest Products Are a Smart Choice
Thanks to their versatility, GIPs are a valuable part of both:
- Registered Savings Plans – like RRSPs and TFSAs
Non-Registered Investment Accounts
Retirement Income Plans – providing reliable, predictable income
🔐 Types of Guaranteed Interest Products
1. Guaranteed Investment Certificates (GICs)
Looking for one of the safest, most straightforward ways to invest? GICs are a top choice for conservative investors who value security:
- Rock-Solid Safety: GICs are among the safest investments available, with guaranteed returns and no risk to your principal.
- Fixed Interest Rates: Your rate is locked in for a set period, so you know exactly what to expect.
- Flexible Options: Offered through Sun Life Financial Trust Inc., our GICs come with flexible maturity dates and a 45-day rate guarantee, giving you more control over your investment.
2. Insurance GICs: The Best of Both Worlds
Insurance GICs combine the security of a traditional GIC with the added benefits of a life insurance contract:
- Guaranteed Growth: Like regular GICs, they offer a fixed interest rate to grow your savings safely.
- Life Insurance Benefits: Because they’re structured as accumulation annuities under an insurance contract, you get extra perks—like the ability to name a beneficiary.
- Estate Planning Made Easy: By naming a beneficiary, your investment can bypass probate, helping your loved ones avoid legal delays and extra costs during estate settlement.
Secure Your Savings. Grow with Confidence.
Whether you prefer the simplicity of traditional GICs or the added protection of insurance GICs, guaranteed interest products offer a reliable way to grow your money with zero surprises.
Ready to explore the best options for your financial future?
Connect with an advisor today to discover which GIP fits your goals and helps secure your peace of mind.
Imagine having a steady, reliable income—no matter what the markets do. That’s exactly what a payout annuity offers. A payout annuity is an income-generating insurance product designed to provide you with regular, predictable payments—either for a fixed period or for the rest of your life. This ensures you’ll have the financial stability you need to cover your expenses and enjoy your retirement with confidence.
What Is an Annuity?
An annuity is a powerful financial tool designed to protect you from the risk of outliving your money while ensuring you have a steady income throughout retirement.
In exchange for a lump-sum premium, an insurance company—like Sun Life—guarantees you a stream of secure income payments, either for life or for a set period of time. Your income remains protected from market fluctuations and interest rate risks, giving you peace of mind no matter what happens in the economy.
Bonus: If you purchase an annuity with non-registered savings, you could also benefit from tax savings.
🔑 Key Benefits of Annuities:
🔹 Types of Annuities
1. Life Annuity: Income That Lasts a Lifetime
A life annuity ensures that you’ll never have to worry about running out of money in retirement.
- Guaranteed Payments for Life – You’ll continue receiving income for as long as you live.
- Joint Life Option – Covers both you and your spouse/partner, ensuring financial security for both of you.
- Guaranteed Period Option – If you pass away before the end of the chosen period, your beneficiary will receive the remaining payments.
Perfect for those who want lifelong financial stability.
2. Term Certain Annuity: Guaranteed Income for a Set Period
A term certain annuity provides income for a fixed period of time, rather than for life.
- Predictable Payments – Income is guaranteed for a set number of years.
- Beneficiary Protection – If you pass away before the end of the term, the remaining payments go to your beneficiary.
- RRSP/RRIF Requirement – If using funds from an RRSP or RRIF, the term must extend to at least age 90.
Ideal for those who want a structured income plan for a specific timeframe.
Secure Your Future with a Guaranteed Income
Whether you want lifetime security or structured payments for a set period, annuities ensure you can retire with confidence—without worrying about market ups and downs.
Ready to explore your options?
Connect with an advisor today to find the right annuity to support your financial future.
Ready to Take the First Step?
Starting something new can feel overwhelming, but you don’t have to do it alone. We’re here to guide you every step of the way.
Need help getting started? Let’s make it simple, clear, and stress-free—so you can move forward with confidence.