How did the S&P 500 do last month?
How did the S&P do over the last 12 months?
Trigger Point Outperforms Markets & Other Types of Index Annuities
|Index Annuity Type||Performance|
|Annual Point To Point||2.04%|
|80% Participation Rate||1.63%|
|Monthly Point To Point||1.00%|
80% Participation Rate: The performance of the S&P 500 was multiplied by 0.8. However, the actual participation rate will vary from one annuity to another. There was assumed performance cap.
Monthly Point To Point: There was an assumed monthly performance cap of 3% which limited performance in several months. After adding up monthly gains and losses, the annuity finished down 6.11%. However, an assumed performance floor of 1.0% led to final return being positive.