Desjardins Helios 2
Do you want to take advantage of market upturns, even in your retirement? In addition to providing you with guaranteed income for as long as you live, the Helios Contract’s Guaranteed Lifetime Withdrawal Benefit can even increase your retirement income for life. Helios® offers you investment funds that provide death and maturity guarantees. This means you can access the markets’ growth potential while protecting yourself from its downturns. In addition, an Optional Guarantee allows you to generate a guaranteed and predictable retirement income for life.
At a Glance Pro’s:
Helios has a variety of options available for investors and they also have the ability to invest 100% of your assets into Equity funds, which give Helios one of the most flexible products for investors who like to invest all over the world. A low initial investment means almost all investors can have this as part of their portfolio into retirement.
At a Glance Con’s:
Although the flexibility exists to invest in all sectors an in all geographies, there are higher fees associated with this investment.
You are given a standard 75/100 Guarantee; 75% Principle Guarantee after 10 years; and a 100% Death Benefit Guarantee from Contract issue. Death Guarantee resets until the age of 90.
Annual Income Base Interest Rate Credited (or Market Value, whichever is higher):
5.5% Income Base Guarantee for 2015, may increase up to 8% Based upon Government of Canada 10 year Bond.
Account Automatic Market Value Resets:
Every 3 Years, if the Market is higher, you receive the Market Value as your new reset.
Guaranteed Minimum Income for Life:
- 3% of Account Value or Income Base Value Age 55-59.
- 3.6% of Account Value or Income Base Value Age 60-64.
- 4.1% of Account Value or Income Base Value Age 65-69.
- 4.6% of Account Value or Income Base Value Age 70-74.
- 5% of Account Value or Income Base Value Age 75 and Older.
MER Fee including Income for Life fee:
From 1.36% to 4.47% Depending on Fund
S & P Rating based upon Financial Stability and Strength:
Rating of AA-