NAICS Canada 52693—Segregated (except pension) funds

Where 52693 sits

1. 52 Finance and insurance
2. 526 Funds and other financial vehicles
3. 5269 Other funds and financial vehicles
4. 52693 Segregated (except pension) funds

Contains 1 narrower code

• 526930 Segregated (except pension) funds

Description

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.

52693 in other systems