Segregated Funds

Assumption Life has partnered with the highest caliber investment managers in Canada for our segregated funds. We are pleased to have Fidelity Investments, CI Investments, and Louisbourg Investments as our fund partners. Here are our key distinguishing characteristics:

 We have 4 Assumption Life Portfolios, ranging from Conservative to Growth to match your client's objectives.
 We also offer a simplified fund lineup consisting of nearly 30 funds.  Our funds are available in either no-load (series B) or back-end load (series C).
 We pay the same commission on both no-load and back-end load funds. We also offer a 0% commission option with a higher trailer on the no-load series.
 We accept deposits up to age 85, with no fund restrictions. DSC fees are waived upon death.
 Fund switches can be made within our different fund managers without triggering redemption fees, nor extending the guarantee period.
 We allow up to 4 fund switches per year; an administrative fee of $20 applies to subsequent transactions.
 The minimum deposit per fund is $500 in no-load (series B) and $1,000 in back-end load (series C). *Note: these minimums are waived if a PAC has been set up. The PAC minimum is $25 per fund.
 We offer a 100% death benefit for premiums invested before the annuitant's 77th birthday, then reducing by 5% annually to the annuitant's 80th birthday to 80%.
 We offer a 75% maturity benefit, no resets. Our maturity benefit is payable on the later of: the contract's 15th anniversary and at age 69 for RRSPs / at age 75 for non-registered contracts. It is contract based, making it especially appealing to the mature market segment (age 50-60).
 Clients may redeem 10% of the accumulated value of their portfolio free of surrender fees (20% of RRIFs).
 Our lending partners are National Bank for RRSP loans and B2B Bank for investments and RRSP loans.
 Online access for you and your clients 24/7