NAICS Canada 526930—Segregated (except pension) funds

Where 526930 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
5. 526930 Segregated (except pension) funds

Description

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.

What 526930 excludes

• Segregated pension funds, of life insurance carriers (see 526112 non-trusteed pension funds (can))

Example activities

• segregated funds (except pension), of life insurance carriers
• segregated funds (except pension), of life insurance carriers

526930 in other systems