Sản phẩm & Rủi roCâu 79 / 398
An equity-indexed annuity typically credits interest based on:
a.The performance of a single subaccount chosen by the owner
b.A rate that floats daily with short-term Treasury yields
c.The performance of a securities index, subject to a cap and a guaranteed minimum
d.The dividend rate declared quarterly by the insurer's board
Giải thích
An equity-indexed (or fixed-indexed) annuity credits interest linked to the return of a market index, such as the S&P 500, but limits the upside with a participation rate or cap and provides a guaranteed minimum return. It sits between a fixed and a variable annuity in risk and reward.
Trích dẫn luật: Investment Company Act of 1940Luyện miễn phí toàn bộ 398 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- An investor wants exposure to real estate that generates income from mortgage interest rather than from owning and renting property. Which product best fits?
- In a fixed annuity, who bears the investment risk?
- A variable annuity differs from a fixed annuity primarily because the variable annuity:
- A 68-year-old retiree wants guaranteed lifetime income and cannot tolerate any loss of principal. Which product is most suitable?
- During the pay-in (accumulation) phase of a variable annuity, an investor's contributions purchase:
- Which statement about the two phases of an annuity is correct?
Cập nhật gần nhất: · quy trình kiểm tra
Đội Ngũ Biên Tập PrepPass · Đối chiếu với FINRA Securities Industry Essentials (SIE) Exam · Quy trình kiểm tra