Segregated funds are very similar to mutual funds. A large pool of money is invested in stocks, bonds, or other securities with the goal of growing the value of the entire pool.
But segregated funds are actually structured as insurance contracts, so they have some benefits that mutual funds do not.

• Guarantees - Segregated funds guarantee 75% to 100% of your contributions (minus withdrawals) when the contract matures, or on your death. The value of the contract is not guaranteed at other times.
• Potential creditor protection - If the beneficiary you’ve named qualifies, segregated funds are generally protected against seizure by creditors.This can be a big advantage for business owners and professionals wanting to protect against an unexpected lawsuit or bankruptcy.

SunWise Elite and SunWise Elite Plus segregated funds

SunWise Elite is a family of segregated funds issued by Sun Life Assurance Company of Canada and managed by CI Investments Inc. These funds combine:

• the growth potential of mutual funds
  • more than 45 funds to choose from
  • a selection of leading investment managers
• the protective features of an insurance contract, with
  • guaranteed principal-protection that preserves your principal
  • the opportunity to "lock in" growth in your investment, from time to time
• the income features of a guaranteed minimum withdrawal benefit (SunWise Elite Plus)

Sun Life Financial offers a variety of leading segregated funds through our relationship with CI Investments .