Symetra Enhances Fixed Indexed Annuities, Introduces New Franklin Large Cap Value 15% ER Index
“Symetra has consistently focused on building annuity products that provide diversification opportunities in a variety of economic environments. Our latest FIA enhancements reflect our commitment to offer financial professionals and their clients options that are designed to add value and fit customer retirement needs and goals regardless of market conditions,” said
“We’re excited to partner with Symetra to deliver a truly innovative index solution,” commented
Key enhancements include:
-
Additional diversification opportunities — Exclusive to Symetra, the new Franklin Large Cap Value 15% ER Index delivers a disciplined approach to value investing, designed specifically for fixed indexed annuities. This index utilizes the actively managed
Putnam Focused Large Cap Value ETF (PVAL) for equity exposure and applies a 15% annual volatility target to balance long-term growth potential with daily risk control. - New trigger accounts — The JPMorgan Efficiente® 5 Index is now available utilizing a trigger strategy, meaning that any positive return in the index results will be credited at the stated trigger rate at the end of the interest term. All four indexes within Symetra’s suite of fixed indexed annuities – including the Nasdaq 100® Index and S&P 500® Index — now offer a trigger crediting method.
- Improved certainty and flexibility — Clients can access up to 15% of their contract value each contract year without withdrawal charges and now can choose to auto-rebalance their accounts to a given allocation on each contract anniversary.
To learn more about the latest enhancements to the Symetra Edge suite of fixed indexed annuities, visit www.symetra.com/ProtectedGrowth or view the resources below:
About Symetra
Annuities are issued by
Annuity contracts have terms and limitations for keeping them in force. Contact your financial professional or insurance producer for complete details.
Guarantees and benefits are subject to the claims-paying ability of the issuing life insurance company.
Except for the JPMorgan ETF Efficiente® 5 Index and Franklin Large Cap ValueSM 15% ER Index, the performance of an index does not include the payment or reinvestment of dividends in the calculation of its performance.
It is not possible to invest in an index.
Symetra reserves the right to add, remove or replace indexes or crediting methods subject to applicable regulatory approval. If any index is discontinued or if the calculation of any index is changed substantially, Symetra reserves the right to substitute a comparable index.
Indexed Account availability may vary by Distributor. Additional Indexed Account options may be available at the end of the interest term. Please consult with your financial professional for more information.
Index disclosures:
The JPMorgan ETF Efficiente® 5 Index (“JPMorgan Index”) has been licensed to
Nasdaq® , Nasdaq-100® , Nasdaq-100 Index® , are registered trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the “Corporations”) and are licensed for use by
The S&P 500® Index is a product of
The Franklin Large Cap Value 15% ER IndexSM is owned by
Licensor has licensed the Index to
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