You may add a fixed indexed annuity (FIA) to your portfolios or models. The following parameters are supported:
- Tracking index
- Cap rate (%)
- Participation rate (%)
- Calculation method:
- Point-to-point monthly
- Point-to-point annual
To add a FIA to a portfolio, follow these steps (selecting 'Fixed Indexed Annuity' in the dropdown menu)
Please note the following assumptions when modeling the FIA in the portfolio:
- The anniversary date is 12/31. Consequently, the annuity value is updated only on 12/31. For any other date, the year-to-date gains will be zero. We recommend looking at historical performances in annual periods (1y, 3y, 5y etc.)
- The annuity is not included in the advisory fees calculations for the portfolio. For example, if a $100,000 portfolio contains 20% annuity, and an advisory fee of 1% is specified, the fee for the hypothetical illustration is $800 ( = $100,000 * 1% * 80%)
Common tracking indexes are available from the dropdown menu. If the required index is not listed, please email firstname.lastname@example.org.
If we are not able to provide the index, we recommend uploading the annuity performance from the annuity fact sheet.