Guaranteed Investment Fund - GIF

Dictionary Says

Definition of 'Guaranteed Investment Fund - GIF'

A type of investment product offered by insurance companies that allows its client to invest in an equity, bond and/or index fund while providing a promise that some predefined minimum value of the fund (usually, the initial investment amount) will be available at the fund's maturity or when the client dies. Insurance companies usually charge up to 1% of the investment amount per year for this service.
Investopedia Says

Investopedia explains 'Guaranteed Investment Fund - GIF'

Some guaranteed investment funds also give people the opportunity to "reset" the guaranteed amount during specific periods of time. This allows investors to lock in greater sums in the event that they incur a large capital gain.

For example, suppose an investor near retirement age had invested $500,000 into this fund and after a incredible bull run, his investment grows to $585,000 in a year. By resetting the guarantee at this point in time, the investor has now guaranteed that he will at the very least receive $585,000.
Search results for

'Guaranteed Investment Fund (GIF)'

  • Paying Your Investment Advisor - Fees Or Commissions?

    http://www.investopedia.com/articles/basics/04/022704.asp
    ... returning a potentially higher rate than the loaded mutual fund. ... entire universe
    of stocks, bonds, mutual funds and guaranteed investment certificates without ...
  • Segregated Funds: Investment Protection For Canadian Citizens

    http://www.investopedia.com/articles/mutualfunds/09/segregated-funds.asp
    ... mutual fund-like investment benefits, segregated funds are actually variable annuity
    contracts. Issued by life insurance companies, they offer a guaranteed ...
  • Series 26 Study Guide - Sales Activities - Investment Company ...

    http://www.investopedia.com/exam-guide/series-26/sales/investment-company-names.asp
    ... name that uses the words "guaranteed" or "insured ... Names Suggesting Investment in
    Certain Investments or Industries A name suggesting that the fund focuses its ...
  • Variable Vs. Variable Universal Life Insurance

    http://www.investopedia.com/articles/pf/07/variable_universal.asp
    ... interest (which is usually around 4%). If the fund performance exceeds ... a minimum
    cash value is never guaranteed because poor investment performance can ...
  • Stable Value Funds: Risk Less And Earn More

    http://www.investopedia.com/articles/mutualfund/09/stable-value-funds.asp
    ... implies, stable value funds are a type of cash fund that resembles ... Stable value funds
    used to invest almost exclusively in Guaranteed Investment Contracts (GICs ...
  • Principal-Protected Notes: Hedge Funds For Everyday Investors

    http://www.investopedia.com/articles/bonds/07/principal_protected.asp
    ... and a potential return exceeding that of a guaranteed investment contract (GIC ... increased
    because unaccredited investors can access a hedge fund by purchasing a ...
  • Series 6 Study Guide - Marketing and Sales Presentations ...

    http://www.investopedia.com/exam-guide/finra-series-6/marketing-presentations/investment-company-act-1940-rules.asp
    ... name that uses the words "guaranteed" or "insured ... Names suggesting investment in
    certain investments or industries. A name suggesting that the Fund focuses its ...
  • Series 26 Study Guide - Mutual Fund Accounts - Mutual Fund ...

    http://www.investopedia.com/exam-guide/series-26/mutual-fund-accounts/mutual-fund-taxation.asp
    ... is guaranteed in any way. Both the FINRA (previously known as NASD) and SEC rules
    require that clients receive a disclosure that investment in a mutual fund ...
  • Lower Your Fees With Mutual Fund Breakpoints

    http://www.investopedia.com/articles/mutualfund/08/breakpoints.asp
    ... pay are the only guaranteed impediment to investment return - keeping them as low
    as possible should be a priority. For more insight on mutual fund fees, read ...
  • RRSPs: Eligibility | Investopedia

    http://www.investopedia.com/university/rrsp/rrsp2.asp
    ... that holds investments such as Guaranteed Investment Certificates (GICs ... to worry
    about making regular investment decisions is a managed mutual fund portfolio ...

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