Investment & Asset Products

Investment & Asset Products*

No Match-making, No Star Gazing Each of us has his own style. Her own way of doing things. It's the same when it comes to investing.

Today you have more access to more information from a wider variety of sources than ever before. Information, not all of it accurate, that allows you to choose how you want to invest for your financial future. Reeves Financial Services can help you achieve your financial goals your way. We can provide you with the proper amount of information and the excellent service that will help you take charge of your investment decisions with confidence - whether you're a seasoned investor or just starting out.

It's never too early or too late to start investing. Put your money to work earning more money. Investing can help you meet your financial goals: buying a home, starting a new career, going back to school, paying for a child's education, enjoying your retirement - whatever is important to you.

You don't have to be wealthy to be an investor. Even a small amount invested wisely and regularly can grow significantly over time. But investment does mean making decisions about how much you want to invest and where to invest it. So you need to know what choices you have and the risks associated with those choices. That's where the team at Reeves Financial Services comes in.

The way you choose to invest your money - your investment style - depends on your attitude towards risk. In addition, your investment style will change with time and circumstances. We will help you develop a personalized investor profile as your guide, then work with you to establish your unique investment strategy. By doing this, he will be able to identify the investment products and choices best suited to your profile and strategy.

For more information on how to effectively manage your investment and asset products contact a team member at Reeves Financial Services.

*Excluding the discussion and offer to sell mutual funds.

Registered Retirement Savings Plan (RRSP)

Why an RRSP?
When the Canada Pension Plan (CPP) was originally established, it was intended to provide Canadians with retirement income representing about 25% of their average wage. As you may know, pressures on government spending are going to make this goal a slim possibility.

Every year, more Canadians decide to take responsibility for their own financial well being by investing in a Registered Retirement Savings Plan (RRSP). RRSP contributions reduce your annual income tax bill. And even better, this investment is allowed to grow tax free. It is the best option you have to ensure a comfortable retirement.

Reeves Financial Services can help you employ some very significant RRSP strategies and help you make the most of your retirement:

Diversification
The most popular strategy for maximum potential performance and minimum risk, is diversification. In other words, a portfolio will perform best over the long-term if it contains a variety of investments. To diversify by asset class, investors can combine growth-oriented equity funds and fixed-income vehicles (e.g. segregated money market funds, segregated bond funds) in an RRSP portfolio. To diversify within an asset class, investors can combine international stocks with Canadian equity segregated investments.

Studies have shown that 90% of excess investment returns are determined, not by choice of investment vehicle, but by the way assets are allocated in a portfolio.

Our team can help you find the right asset mix to meet your personal financial goals at a risk level that you can live with.

Dollar Cost Averaging
Dollar cost averaging simply means making regular contributions directly into your RRSP, which averages your unit cost over time. With this method, a temporary dip in the segregated fund's value is actually good news; a lower unit price means your regular contribution amount will buy even more units and the positive impact of a rebound will be magnified in your portfolio. This painless approach of "paying yourself first" is a proven method of investment growth.

Value Averaging
Value averaging is the strategy of periodically selling or purchasing assets in order to stay within a predetermined asset mix. Suppose it has been decided an investor's ideal asset mix is 60% equities and 40% bonds. If the value increased over time to 70% equities while bonds decreased to 30%, value averaging requires shifting 10% from equities to bonds to maintain the asset mix. This strategy allows you to stay within a planned risk tolerance level despite market fluctuations.

Investing For the Long Term

Market fluctuations are a reality, regardless of what type of investments you own. Reactionary investors often sell their investments at the worst time. It is almost impossible to 'time' the market. The key is to create, with our help and expertise, a diversified plan and stick to it.

Why Reeves Financial Services?

Our team believes they exist to fill a niche by providing an extensive spectrum of insurance and financial-related products. They are not affiliated with any bank or captive investment organization that would limit your investment choices.

This allows us to create portfolio strategies that are consistent with your goals and dreams, your personal vision or philosophy and your lifestyle expectations.

Segregated Funds

Segregated Funds: Protecting Your Portfolio

Segregated Funds are like a mutual fund and an insurance contract rolled into one. Segregated funds are also commonly known as “segfunds” or "Guaranteed Investment Funds" and are designed to take full advantage of market opportunities. They do this by relying on professional money management, by offering safety through insuring your capital at death or maturity* and by providing investment choices that satisfy a wide variety of financial goals.

With Added Security

Segregated funds are designed for investors who not only want to see performance, but performance with security. For self-employed or professionals, segregated funds offer some unique opportunities and protections that mutual funds just can’t deliver. Here's what to expect when you choose most segregated fund products offered by Reeves Financial Services.

Up to 100% of Capital Guaranteed – A Death and Maturity

A segregated fund can provide investors a capital guarantee* which ensures that on your chosen end date, you will receive up to 100% of your deposits and market growth achieved up to the period ending ten years prior to this end date. This means that as you approach your retirement or the date you require your investment, your capital is protected, whether the stock market is up or down.

Capital Guaranteed At Death

Segregated Funds usually provide a Death Benefit Guarantee which ensures your estate will usually receive up to 100% of your net deposits*, regardless of market performance.

Protected From Your Creditors

All Segregated Funds are subject to the Insurance Act of your province. Funds can be protected from creditors when a preferred beneficiary such as a spouse, parent or child is named.

No Probate Fees

Segregated funds allow named beneficiaries to avoid the delays and expenses of probate. With a diverse option of funds and professional money managers,the team of insurance professionals at Reeves Financial Services can provide you segregated funds with powerful choices that allow you to limit your risks, without limiting your opportunities.

*Subject to limits and criteria specified in the contract.

Term Deposits

Term Deposits and Guaranteed Investment Certificates

Term Deposits and Guaranteed Investment Certificates are fixed term investments that offer you a specific interest rate for a pre-determined period of time.

Term Deposits and GICs offer our clients:

Fixed Interest Rates Set for the Full Selected Term — assuring you of a guaranteed return on your investment

Wide Range of Maturity Dates — allowing you to choose dates appropriate for your personal financial planning

Interest Earnings Can be Deposited Directly into any Canadian bank account — eliminating the chance of interest cheques being lost or delayed through the mail.

Annuities

If you have a lump sum and need to guarantee yourself an income, consider a payout annuity. Following are a few questions to help you find a payout annuity to fit your needs and circumstances. Would you like a safe and steady income for the rest of your life? Then a Life Annuity may be for you. Would you like to know that you will receive a safe and steady income for the rest of your life, combined with the knowledge that the income will continue for a minimum number of years? Then a Life Annuity with a Guaranteed Term may be more appropriate for your needs. Would you like to ensure that your spouse or another individual continues to receive payments after you pass away? Then talk to Reeves Financial Services about a Joint and Last Survivor Annuity, with or without a guaranteed term.

Description of basic common Annuity Products

Income Payments:
The payments you receive are made up of interest and principal and are determined based on:

• your age (and in certain cases your spouse's age) 
• current interest rates
• the length of time the payments are guaranteed
• the amount of money used to purchase the annuity
• Normally, payments are fixed, but if you are concerned about inflation, you may choose to have your annuity payments increased by a fixed amount each year.

Life Annuity
Payments from a life annuity end at your death. If the annuity has a guaranteed period, payments may continue to your beneficiary until the annuity's expiration or be taken in a lump sum equal to the value of the remaining benefit.

Joint Life and Last Survivor Annuity
Payments will continue until the later of your death or the death of your spouse. At that time, any guaranteed payments which remain will be paid to the beneficiary.

Annuity Certain
On your death, an annuity certain continues payments until the end of the guarantee period.

Registered Education Savings Plans (RESP)

Sorry, this page is under development.

Locked-In Retirement Plans

There are a number of different options to help you manage and maintain monies that have been accumulated in an employers pension fund. The professionals at Reeves Financial Services can help you select the investment option that is right for you in managing your transferred pension assets after you leave an employer. There are basically three types of locked-in retirement plans:

1. Locked-In Retirement Account (LIRA)
2. Locked-In Retirement Income Fund (LRIF)
3. Life Income Fund (LIF)

Locked-In Retirement Account (LIRA)

A LIRA is a special type of retirement savings plan that locks-in the money an investor receives from pension plans. Basically, LIRAs are designed to accumulate retirement savings. A LIRA is somewhat similar to an RRSP; both help investors save for retirement by deferring the tax payable on the investments held in the plans. What makes a LIRA different from an RRSP is that the money in it is locked-in. In general, the funds in a LIRA may only be withdrawn to purchase forms of retirement income (such as LIFs, LRIFs, and Life Annuities), or if an individual is experiencing financial or health-related hardships. LIRAs are regulated by federal and provincial legislation and are offered by most financial institutions.

Locked-In Retirement Income Fund (LRIF)

A Locked-in Retirement Income Fund (LRIF) is a retirement vehicle that holds locked-in pension monies. Essentially a LRIF is a RRIF with a locked-in provision, which means that withdrawals are limited by pension withdrawal rules. LRIFs are currently available in some provinces including Ontario. The LRIF is intended to provide the investor with a life income stream that must be withdrawn as income each year (except for the first year of the plan). The investor determines the amount of income to be withdrawn each year, subject to certain minimum and maximum withdrawal rules. An LRIF does not have a maturity date. Due to the locked-in provision of LRIFs they are protected from seizure from creditors, although some jurisdictions permit pensions to be garnished for unpaid support payments. LRIFs cannot be transferred to RRIFs (unless due to death of the LRIF investor or the funds are unlocked) and can only be opened through the transfer of funds from a Locked-in Retirement Account (LIRA), a Registered Pension Plan (RPP), a Locked-in Income Fund (LIF) (under Alberta, Ontario, or Manitoba jurisdiction) or from an existing LRIF account.

Life Income Fund (LIF)

A Locked-in Income Fund is a retirement income vehicle that holds locked-in pension monies (a RRIF with a locked-in provision - which means withdrawals are limited by pension withdrawal rules). LIFs are administered provincially except for individuals employed in certain industries, which fall under federal jurisdiction.

They provide the investor with an income stream to age 80. At age 80 the plan proceeds must be transferred to a Life Annuity, except in Ontario, Alberta and Manitoba. Saskatchewan LIFs may be transferred to an LRIF via a one day Locked-in Retirement Account (LIRA) prior to the client reaching 69 years of age. Quebec LIFs do not have a maturity date. LIFs cannot be transferred to RRIFs (unless due to death of annuitant or the funds are unlocked) and can only be opened through the transfer of funds from a Locked-in Retirement Account (LIRA), Locked-in Retirement Savings Plan (LRSP), a Registered Retirement Pension Plan (RPP), a Locked-in Retirement Income Fund (LRIF) (under Alberta, Ontario, or Manitoba jurisdiction) or from an existing LIF account.