Segregated Funds
These funds guarantee that, regardless how the fund performs, at least a minimum percentage (usually 75 per cent or more) of the investor's payments into the fund will be returned when the fund matures. |
Similar financial terms
Federal funds rateThe rate charged by the Federal Reserve to member banks when excess reserve loans are made from one bank to another.
Term Fed Funds
Federal funds sold for a period of time longer than overnight.
Surplus funds
Cash flow available after payment of taxes in the project.
Objective (mutual funds)
The fund's investment strategy category as stated in the prospectus. There are more than 20 standardized categories.
Cost of funds
Interest rate associated with borrowing money.
