Question

Jacqueline invested a total of $145,000 in the xyz segregated fund and is the beneficiary of the fund. ten years later, her investment in the fund is valued at $114,000. if the fund offers the minimum provincial guarantee, how much would she receive if she decides to withdraw her invested capital?

a. $114,000
b. $85,000
c. $108,000
d. $145,000

Answer 1

If a fund offers a minimum provincial guarantee, it typically ensures at least the principal amount invested is returned after a specified period. Therefore, Jacqueline would receive her original investment amount of $145,000 back upon withdrawal.

Step-by-step explanation:

Jacqueline invested a total of $145,000 in the xyz segregated fund. Ten years later, her investment is valued at $114,000. If the fund offers a minimum provincial guarantee, it typically ensures that the investor will receive at least the principal amount invested after a specific period, usually 10 years. Therefore, if Jacqueline decides to withdraw her invested capital, with the minimum provincial guarantee in place, she would receive her original investment amount back.

The correct answer is: d. $145,000.