- Household credit - consists of consumer credit and residential mortgages.
- Home equity line of credit (HELOC) - is a secured personal line of credit extended to a homeowner that uses the borrower’s home as collateral. The maximum borrowing limit on a HELOC is based on a fi xed percentage of the diff erential between the assessed property value and the mortgage obligation. HELOCs typically represent the least expensive form of non-mortgage credit. This factor, coupled with greater availability from financial institutions, relatively low interest rates and rising home values, have made HELOCs an increasingly popular form of consumer borrowing.
- High income - an income segment that consists of households with at least $200,000 in household income.
- High-end fund wraps (HEFW) - include all fund wraps with a minimum investment of $25,000 or higher. While there are some differences in the way that various programs in the high-end fund wraps category provide investment solutions to clients, we have determined that grouping together all fund wraps that target the higher value client offers a more meaningful perspective on where they compete in the managed assets continuum. Examples include Russell Sovereign and AGF Harmony.