Investment VehiclesCâu 85 / 100
A fixed annuity is characterized by:
a.Investment risk borne entirely by the contract holder
b.Values tied to equity subaccounts
c.A guaranteed minimum interest rate and fixed payments backed by the insurer
d.FDIC insurance
Giải thích
A fixed annuity provides a guaranteed minimum interest rate and fixed payments, with the insurer bearing the investment risk from its general account. Because there is no investment risk to the holder, a fixed annuity is generally an insurance product, not a security. Its guarantees depend on the insurer's claims-paying ability.
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Câu hỏi liên quan cùng chủ đề
- A call option gives the holder the right to:
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- An investor seeking exposure to a diversified basket of bonds with professional management and daily liquidity would MOST likely choose:
- Treasury securities are generally considered to have virtually no:
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