Segregated funds offer many inherent benefits, including professional money management, diversification, simplicity and choice.

Segregated funds are offered by insurance companies, and, like mutual funds, segregated funds pool money from investors and invest in a variety of individual securities.

Segregated funds combine the diversification element of mutual funds with the protection of life insurance to provide an investment product that guarantees some or all of the purchaser's original investment.

This page is part of the GayFinance series.