52693 Segregated (except pension) funds

What code 52693 includes

This 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.

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