Investments

SIMPLICITY PORTFOLIOS

“OUT OF CLUTTER FIND SIMPLICITY”

– Albert Einstein (1879-1955)

For investors looking for a comprehensive approach towards managing and growing wealth.

Manulife Simplicity Portfolios:

  • Incorporate the same investment standards used by large pension funds and are considered to be the gold standard for wealth management
  • Capture considerable institutional strength by including some of North America’s largest and most respected money managers
  • Provide independent, impartial due diligence through an in-depth review process to ensure your interests remain protected at all times

SEGREGATED FUNDS OVERVIEW

Commonwealth Financial offers Segregated Funds Investment Products through a variety of insurance companies that we represent.

Segregated Funds offer the protection of Maturity and Death Benefit guarantees, as well as potential creditor protection.

We are always researching the most innovative products and have a thorough understanding of what products might suit your specific needs.

We represent such companies as Manulife Financial, Canada Life Assurance and Equitable Life Insurance, each with a broad range of top quality Segregated Fund Investment Products.

Let us help you to find the product that’s most appropriate for you by booking a financial review with us today.


INVESTMENTS GIC’S

Security for your portfolio. Peace of mind for you.

Guaranteed Interest Contracts (GICs) provide you with key benefits you’re looking for:

  • A solid foundation for your investment portfolio – reducing overall portfolio risk and providing you with more consistent returns.
  • A positive rate of return – guaranteeing that at least part of your portfolio is continually growing.
  • Peace of mind – you’ll rest easy knowing that your principal is safe and secure.

BASIC GIC ACCOUNT

A cashable GIC investment that offers you the security of a guaranteed interest rate — but also the flexibility to cash-in if the need arises.

Key Features

  • Available half-year rate bonus – add six months to a standard length term and get the next year’s rate (i.e. a two-and-a-half-year term would receive the standard three-year rate).
  • Interest can compound to maturity or, for a non-registered GIC account, be credited monthly, quarterly, semi-annually or annually to the Daily Interest Account.
  • Maturity date – Choose any maturity date you desire.
  • Cashable in whole or in part, at any time*.

Terms from one to 10 years (up to 30 years for registered retirement income GICs).

  • You can plan your maturity dates to line up with future investment plans, expenditures or lifestyle changes.
  • You can earn a higher interest rate by simply adding six months to a standard length term.
  • Your funds are available to you at any time — when you need them*.

ANNUITIES

ESSENTIAL INCOME ANNUITY — AN INCOME SOLUTION YOU CAN COUNT ON

When investing for income, annuities are an excellent choice. The income is guaranteed because there is no market exposure. Annuities also offer a higher income rate than many other guaranteed income products, and tax advantages for non-registered funds.

A Commonwealth Annuity gives you options that bring versatility to your investment and it is backed by the strength and reliability of Commonwealth Financial. What is an annuity?

In exchange for a single lump sum investment, an insurer makes guaranteed regular income payments to an investor that contain both interest and a return of principal. Annuity payments can continue for the lifetime(s) of one or two people, or for a chosen period of time.

Annuities can be ideal for investors who:
  • Want the highest guaranteed income amount possible from their investment
  • Wish to help cover essential expenses in retirement
  • Are concerned about outliving their savings
  • Wish to minimize tax on their investment income
  • Value security and peace of mind while reducing the need for ongoing investment decisions
  • Want to subsidize early retirement income
  • Need income until pension and government benefits become available
  • Wish to fund a child’s ongoing educational costs

ANNUITY OPTIONS

The Manulife Principal Protected AnnuityTM is a Life Annuity option that provides you with principal protection by ensuring the money invested will always be received as income to you or as a legacy for beneficiaries.

Life Annuities will provide you with guaranteed, regular income for life. They can be purchased as a single life, based on one person’s life, or as a joint and survivor, based on the lives of two people.

Term Certain Annuities provide investors with guaranteed, regular income for a selected period of time. Once this period is over, income payments cease and the annuity contract ends.

Prescribed Annuities offer preferential tax treatment if you are investing using non-registered funds. Each payment includes the same amount of interest and capital. This evens out the amount subject to tax and provides some tax deferral. A Manulife Annuity may qualify as prescribed.

What if I die earlier than expected?

With a Manulife Life Annuity, you can choose a payment guarantee to ensure a minimum amount of income is paid from the investment to you or your beneficiaries in the event you die earlier than expected. Manulife offers two payment guarantee options:

  • Principal Protection: also known as a cash refund guarantee, this provides a lump sum payment to a beneficiary equal to the difference between the total payments received by the investor* before death and the original investment amount. Selecting this payment guarantee provides you with the Manulife Principal Protected AnnuityTM
  • Guarantee Period: allows an investor to select from zero to thirty years of guaranteed payments. In the event the investor dies earlier than expected*, the beneficiary continues to receive income payments during the guarantee period**

For Term Certain Annuities, payments continue until the end of the specified term. If you die before the term ends, the annuity payments continue to your estate or designated beneficiary until the end of the term.

* Or the death of the last surviving annuitant in the case of Joint and Survivor Life Annuity policies.
** Alternatively, if there is a lump sum death benefit required or chosen, the amount payable will be less than the total remaining income payments.


ESTATEPLUS PROGRAM

ESTATEPLUS OVERVIEW

For many of us, planning for retirement also means thinking about the legacy we leave behind GIF Select EstatePlus can help protect your financial legacy.

By combining the long term growth potential of investment funds and the protection benefits of a GIF Select segregated fund contract, EstatePlus helps investors establish and protect a financial legacy that can benefit family and loved ones.

FEATURES AND BENEFITS OF ESTATEPLUS:

100% DEATH BENEFIT GUARANTEE

With EstatePlus, you receive a 100% Death Benefit Guarantee. This means your beneficiaries are guaranteed to receive 100% of your deposits to the EstatePlus Series reduced proportionally for withdrawals even if there are market downturns.

RESETS

Death Benefit Guarantee resets provide the potential for you to grow the amount of the legacy you leave to beneficiaries. Resets work to capture market appreciation and help increase the payout to your family and loved ones. When the market value is higher than the previous guarantee, you can potentially see your Death Benefit Guarantee increase with the growth in the markets. Resets are automatic and occur every three years on the EstatePlus Anniversary Date, with a final reset on the annuitant’s 80th birthday.

CREDITOR PROTECTION

EstatePlus has the potential to protect your assets from creditors. This feature is ideal for professionals and small business owners looking to help protect their personal assets from professional liability.

ABILITY TO BYPASS PROBATE

In the event of death, the proceeds of your contract can privately1 pass directly to your designated beneficiaries, without the delay and expense of probate.

FUND SELECTION

You have a broad choice of over 40 investment funds from many of Canada’s top fund managers.

FLEXIBILITY

You have the ability to move between funds and fund managers should your needs or preferences changes. And should you need to, you can also access your savings at any time.


INCOMEPLUS PROGRAM

INCOMEPLUS OVERVIEW

A SOLUTION TO HELP MANAGE THE CONCERNS AND CHALLENGES YOU HAVE FOR RETIREMENT  INCOMEPLUS

  • Predictable income guaranteed not to decrease no matter how investments perform
  • Sustainable income that will last for your life or the lives of you and your spouse
  • Flexible guaranteed income options to suit your retirement income needs
  • Potentially increasing guaranteed income to help keep pace with inflation
  • The ability to change your investment or access your savings at any time (fees may apply)
  • Tax efficient income when held in a non registered account
  • Benefits that help ensure the smooth transition of your estate
  • Potential creditor protection

INCOME BONUS TO INCREASE GUARANTEED PAYMENTS

IncomePlus provides an annual five per cent income bonus available in any year no withdrawals are taken.


INVESTMENTPLUS PROGRAM

INVESTMENTPLUS OVERVIEW

INVESTMENTPLUS IS AN INVESTMENT SOLUTION THAT CAN HELP BUILD AND PROTECT WEALTH. INVESTMENTPLUS OFFERS:

FAMILY OF AWARD WINNING FUNDS

You have a broad choice of over 80 investment funds many with top industry awards. You have access to a number of Canada’s top fund managers through a full spectrum of funds in various asset classes ranging from our unique Manulife Advantage GIF Select Fund to specialty equity funds. The fund Management Expense Ratios (MERs) are also competitive with most mutual funds.

FLEXIBILITY

You have the ability to move between funds and fund managers should your needs or preferences change1.

CREDITOR PROTECTION

InvestmentPlus has the potential to protect your assets from creditors. This feature is ideal for professionals and small business owners looking to help protect their personal assets from professional liability.

ESTATE BENEFITS

In the event of death, the proceeds of the contract have the ability to pass privately2 and directly to your designated beneficiaries, without the time delay and expense of probate.

INVESTMENT FLEXIBILITY

As your needs change, you have the ability to move into the IncomePlus Series to help meet your retirement income needs, or the EstatePlus Series to help protect your legacy for beneficiaries3.

1 Moving across sales charge options may incur charges. Withdrawals, fund switches or switching investment Series may result in tax consequences.

2 Probate is not applicable in Quebec. In Saskatchewan, jointly held property and insurance policies with a named beneficiary are included on the application for probate despite the fact that these assets do not flow through the estate and are not subject to probate fees.

3 When moving to a new Series, new product information, forms and signatures are required.

This information applies only to GIF Select contracts sold on or after October 5, 2009. Any amount that is allocated to a segregated fund is invested at the risk of the contractholder and may increase or decrease in value.


COMMONWEALTH PENSION BUILDER

Commonwealth PensionBuilder is a straight-forward, low-risk investment that allows you to convert some of your retirement savings into a source of dependable income that you can’t outlive. Whether you’re building for your retirement or are in the retirement stage of your life, you can look to Commonwealth PensionBuilder to supplement existing guaranteed income sources or to create a new income source on which you can rely.

Retirement today

The face of retirement is changing and it’s important to ensure that you’re financially prepared for a long retirement. With Canadians living longer it means you might spend as much time in retirement as you did working. That’s why your retirement income strategy should ensure that you don’t outlive your retirement savings.

There are some people who don’t need to worry about outliving their retirement savings those fortunate enough to have access to company-sponsored guaranteed pension plans, also known as Defined Benefit Pension Plans. But today, the majority of Canadians no longer belong to these types of plans and therefore, need a retirement solution that offers security and peace of mind for their future.

Features and Benefits

Commonwealth PensionBuilder is an innovative income solution designed to provide you with:
  • A secure income stream that is guaranteed for life to help form the foundation of a retirement income plan
  • A higher level of retirement income the earlier you invest and/or the later you wait to start drawing income
  • Flexibility to choose when to begin taking income, as early as age 50
  • The option of uninterrupted income for life for your surviving spouse1
  • A conservative investment in a fixed-income portfolio with full access to your market value, should the need arise2

1Spouse or common-law partner (as defined by the Income Tax Act (Canada))
2Fees may apply

Exceeding the withdrawal thresholds of the Commonwealth PensionBuilder insurance contract and/or withdrawals taken prior to the Election of the Income Benefit may have a negative impact on future income payments. Age restrictions and other conditions may apply.

For more details check out the attached PDF and watch video below for an overview of how this retirement income solution works.

Tools

We have created tools to help you better understand what your expenses might be in retirement and how much retirement income you can rely on from Commonwealth PensionBuilder.

Commonwealth PensionBuilder is an attractive income solution, whether you are in the pre-retirement or retirement stage of your life. A complement to other retirement income sources, Commonwealth PensionBuilder supports retirement plans and helps ensure that you will be prepared.

You’ve worked hard throughout your life and retirement is your time to reward yourself. Commonwealth PensionBuilder can help you spend time living your retirement, not worrying about it.