Pivotal Select™ Estate Class is an enhanced segregated fund offering for investors wishing to protect their investment, while maintaining the growth potential of the markets. When approaching retirement, solid returns are desired to continually build your nest egg. By investing in segregated funds you can increase your growth potential while minimizing the risk to your assets. With Pivotal Select Estate Class you receive both death and maturity guarantees, providing capital security for both you and your loved ones.
Estate preservation
With a 100% death benefit guarantee your estate is protected, even in substantial market downturns. In the event of your death your beneficiaries are guaranteed to receive 100% of your deposits (reduced proportionately for withdrawals). This valuable feature ensures your assets are protected regardless of market fluctuations.
Additional protection
Pivotal Select Estate Class also provides a 75% maturity guarantee, guaranteeing 75% of your deposits every 15 years of the contract. At the deposit maturity date you are guaranteed to receive the greater of market value or 75% of your net deposits (reduced proportionately for withdrawals). This limits potential losses and allows you to build your retirement portfolio with confidence.
Guarantee resets
Pivotal Select Estate Class gives you the flexibility and opportunity to reset benefit guarantees once every year up to your 80th birthday1. Death and maturity benefit guarantees are initially based on your net deposits. As the market value increases, you may choose to reset your death benefit guarantee at 100% of the market value and your maturity guarantee at 75% of the market value. This feature allows you to protect your original investment, as well as the growth in your portfolio. Investors are encouraged to lock in performance gains through death and maturity benefit resets.
Estate benefits
If you have named a beneficiary other than your estate, proceeds of the contract are paid directly to the beneficiary, bypassing probate. Probate can be a time consuming and expensive legal process as most governments charge a costly probate fee. As long as your named beneficiary survives you, the benefits from this contract do not pass into the estate upon death. This feature also serves to protect investor privacy, once a will is probated it becomes a publicly available record in the province of residence. This reduces the stress on your loved ones, resulting in a very effective estate planning solution.
Creditor protection
Pivotal Select Estate Class may be protected from the claims of creditors. Self-employed professionals and business owners should protect their personal holdings from professional liability. In the event of bankruptcy or lawsuit your personal assets may be protected from seizure if you have named your spouse, child, parent or grandchild as beneficiary.
Pivotal Select Estate Class is an enhanced segregated fund offering for investors wishing to protect their investment, while maintaining the growth potential of the markets. Investors can choose from a diverse selection of investment funds from a variety of Canadian fund managers. Whether your style is value or growth, you’re seeking fixed income or equity, or you’re looking to invest within Canada or abroad, our investment solutions can be tailored to meet your specific objectives.
Any amount that is allocated to a segregated fund is invested at the risk of the contract holder and may increase or decrease in value.
Contact your advisor to find out more about how Pivotal Select segregated funds can be incorporated into your financial plan. If you do not have an advisor and would like to speak to one, call us at 1.800.668.4095 and our customer service team would be pleased to have an advisor in your area contact you.
1A reset of the maturity benefit guarantee will set a new deposit maturity date 15 years after the reset date.
