Ideal Segregated Funds Signature 2.0 - Ideal 75/75 Series
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Product Name
Ideal Segregated Funds Signature 2.0
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Series name
Ideal 75/75 Series
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Description
For contracts sold up to May 16, 2016
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Product type
Segregated Fund Contract
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Original Company
Standard Life
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Ideal 75/100 Series Ideal 100/100 Series
Additional series offered under product
Product snapshot
Fund minimum |
Savings plans¹: $250 per fund Payout plans²: $1,000 per fund Platinum: $5,000 per plan, per fund |
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Age Limits |
Additional premiums: age 100 or earlier where required by legislation |
Subsequent deposits |
Closed to all new contracts. Additional premiums into existing contracts (opened prior to May 16, 2016) are allowed. Deposit Minimums:
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PAC deposits |
Savings plans¹ (PAC): $50 per fund Platinum (PAC): $1,000 per fund³ |
Maximum deposit |
Premiums greater than $10,000,000 or any subsequent premiums that will cause the market value of the contract to be greater than $10,000,000 require pre‑approval. |
Withdrawals⁴ |
Ad hoc:
Scheduled (SWP) for Non-Registered savings plan only:
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Switches⁴ |
Savings plans¹: $250 per fund Payout plans²: $1,000 per fund Platinum: $1,000 per fund |
Features
Death guarantee |
Death Benefit Guarantee is equal to:
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Maturity guarantee |
Savings Plans¹ only:
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Payout guarantee |
Payout Plans² only:
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Income guarantee |
N/A |
Ability to bypass estate costs |
Yes |
Potential for creditor protection |
Yes |
Waiving redemption fees upon death |
Yes |
Ability to name a successor annuitant |
Yes |
Ability to name successor owner⁵ |
Contingent contract holder Non-Registered contracts only |
Joint Life Option |
No |
Fees
Management Expense Ratio (MER) |
MERs vary by Fund for more details visit Price and Performance. |
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Sales Charge Options (Premium Allocation Options) |
A sales charge option may be paid at the time of deposit or on a deferred basis depending on the load option chosen. Refer to Sales Charge Options section for more information. |
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Other Fees |
Charges may apply for certain transactions including withdrawals and Fund switches. For additional detail, refer to the Information Folder and Contract documentation. |
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Load Options |
Back‑end load, Low‑load, No‑load, and Platinum No‑load and F-Class |
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Other features |
N/A |
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Sales Charge Options % |
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Back‑end load option |
Low‑load option |
Up to 1 year |
6% |
3% |
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1‑2 years |
5% |
2% |
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2‑3 years |
5% |
1% |
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3‑4 years |
4% |
0% |
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4‑5 years |
3% |
0% |
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5‑6 years |
2% |
0% |
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6‑7 years |
1% |
0% |
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7 years or more |
0% |
0% |
Notes:
- There are no withdrawal charges for the No‑load, F-Class and Platinum No‑load options.
- Under the Back‑end load and Low‑load options, withdrawal charges are waived for payment of the Death Benefit Guarantee.
Explore our segregated funds
Related materials
Regulatory materials
Important disclosure
1 Savings plans include: Non‑registered savings plan, TFSA, RSP (including spousal RSP), LIRA, LRSP and RLSP. 2 Payout plans include: RIF (including spousal RIF), LIF, LRIF, Prescribed RIF and RLIF. 3 Platinum No‑load contract minimum must be respected prior setting up a Pre‑authorized chequing (PAC) or a Systematic withdrawal plan (SWP). 4 Withdrawals and fund switches may result in tax consequences. 5 In the province of Quebec, a successor owner is known as a subrogated policyholder. 6 Death Guarantee Value is equal to the sum of premiums paid less the sum of proportional reductions for prior withdrawals. 7 Maturity Guarantee Value is equal to the sum of premiums paid less the sum of proportional reductions for prior withdrawals.
The Manufacturers Life Insurance Company (Manulife) is the issuer of insurance contracts containing Manulife segregated funds and the guarantor of any guarantee provisions therein.
This is a quick reference guide only. For full contract provisions, refer to the product’s Information Folder, Contract & Fund Facts.