526930
526930 Segregated (except pension) funds
Fonds distincts (sauf les caisses de retraite) • Canadian industry
What code 526930 includes
This Canadian industry comprises funds that are separate investment accounts established by life insurers under the provisions of the Canadian and British Insurance Companies Act, or the corresponding sections of the Foreign Insurance Companies Act or a provincial act. Setting up of these funds allows life insurers' policyholders to invest in funds that are not subject to the investment restriction in effect on the insurers' portfolio as contained in the insurance act.
Activities & Examples
- segregated funds (except pension), of life insurance carriers
- segregated funds (except pension), of life insurance carriers
Exclusions & Cross-References
- segregated pension funds, of life insurance carriers (See 526112 Non-trusteed pension funds (CAN))
Classification Hierarchy
- Sector 52 — Finance and insurance
- Subsector 526 — Funds and other financial vehicles
- Industry group 5269 — Other funds and financial vehicles
- Industry 52693 — Segregated (except pension) funds
- Canadian industry 526930 — Segregated (except pension) funds
International Concordance
- ISIC Rev. 4: K6430* — Trusts, funds and similar financial entities