Quote:
Orginally posted by chandresh
Pramodji,
Any progress?
By the way, I thought we had many financial experts on the forum - including Yours Truly and the entreprenuer, DP Jain, Sathish, etc. and had hoped to get some input from them. I personally found this investment to be really good one for arbitrage purposes and therefore wanted to share with all - and also know if there are some pitfalls that I cannot see.
Chandresh
Chandresh ji,
I got busy in some other thing and would try to find out the answers to your questions by next week. But, you are reight as there are EXPERTS in this forum on this type of investment and they would give you much better answers before that. However, I would also try to have my researched input some time next week.
Regards,
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Pramod Chopra
Senior Mortgage Consultant
Mortgage Alliance Company of Canada
Quote:
Orginally posted by chandresh
Aslo, it is possible to pledge this investment to get a temporary loan from a financial institution (insurance company/bank or broker company)?
Chandresh
Forgot to address this issue.
Yes, you can use seg fund contract as a collateral for loan but in so doing you may compromise on credit-protection benefit of the contract.
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Man's Best Friend 
Location: Toronto (416-7305795)
Posted on: 03-10-04 21:55:11
Dear Chandreshji,
Segregated Funds – Unique Advantages
Segregated funds are similar to mutual funds in many respects but provide a number of additional features and benefits.
Similarities to Mutual Funds
Professional Money Management
Like mutual funds, segregated funds are run by professional money managers who have the experience and skills necessary to effectively manage your money. They also have access to economic data, company research reports and technology ,Which are vital for success.
Diversification
Like mutual funds, segregated funds provide you with access to diversified investment portfolios. Diversification – or spreading your assets among a variety of different investments is an investment strategy designed to lower a portfolio’s overall risk while enhancing returns over time.
Estate Planning
Proceeds of your contract are paid directly to your beneficiary, avoiding the time and expense of probate. By helping your heirs bypass probate, segregated funds can ensure that your personal decisions and information remain the way they were meant to be…personal.
Regards,
Tapas Sen
Aurora
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TS
