RBC Insurance has made several enhancements to its segregated funds, the company said Thursday.

These changes, which took effect on Oct. 1, offer clients improved and unique features, including two new fund options and a change to the underlying investments of the RBC Guaranteed Investment Portfolios.

The enhancements are available to new and existing contract-holders.

“We believe these enhancements to our segregated funds product offering will be valued by clients who are looking for investment options that leverage the proven track record and world-class investment management of RBC Asset Management Inc, one of Canada’s top money managers,” said Tony Bagnato, vp of wealth management, RBC Life Insurance Co.

The enhanced segregated funds product includes two new fund options — RBC Balanced Growth GIF and the RBC O’Shaughnessy All-Canadian Equity GIF.

As well, the product includes the availability of the RBC Asset Management Select Portfolio line up, managed by RBC Asset Management, including:

> RBC Select Conservative GIP;

> RBC Select Balanced GIP;

> RBC Select Growth GIP;

> RBC Select Aggressive Growth GIP.

IE