Target Clientele
Clients with a long-term investment horizon, who are likely to choose mutual funds, but who are also looking for the undeniable features offered by guaranteed investment funds.
Guarantee at maturity (at age 105)
The amount guaranteed is the greater of:
- Market Value of the Contract (2) or
- 75% of the Deposits.
| (2) |
The amounts guaranteed are reduced proportionately for withdrawals. Please refer to the definition of Deposit in the Contract and Information Folder for details. |
Guarantee at death
When the contract owner dies, the beneficiary will receive the greater of:
- Market Value of the Contract or
- 75% of the Deposits.
Deposits are accepted until age 95.
Main advantages
- Investment funds for all investor categories: 33 funds offering seasoned managers and turnkey solutions.
- Beneficiary designation: the Death Benefit of a guaranteed investment fund Contract will automatically be paid out to the Beneficiary of the Contract, thus avoiding the delays and costs incurred in settling an estate.
- Creditor Protection (3): Since Helios is an annuity contract designed by an insurance company, it offers creditor and civil liability protection. Should your client run into difficulties, he/she would get to keep the amount he/she has invested in the Helios Contract.
|
(3) |
This document is published for information purposes only and does not constitute a legal opinion. The exemption from seizure rules can easily become quite complex and vary from province to province. Interested individuals should contact their legal counsel (lawyer) to analyse their specific situation. |
Withdrawal Benefits
Your client may choose between two Optional Guarantees:
Guaranteed Minimum Withdrawal Benefit (GMWB)
The GMWB/Guarantee 75/75 combination is advantageous for retirees whose main concern is maximizing their income for their active retirement years.
Guaranteed Lifetime Withdrawal Benefit (GLWB)
The GLWB/Guarantee 75/75 combination is advantageous for retirees whose main concern is seeing their financial resources running out before they die.