NAICS Code 526930 Segregated (except pension) funds
NAICS Code | Industry |
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526930 | Segregated (except pension) funds |
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.