Barclays Transitions Indices Available on Additional FIAs Starting 07/09/2024
We’re excited to announce the addition of the Barclays Transitions Indices to Income Pay ProSM 10 and NAC BenefitSolutions® 10 fixed index annuities (FIAs). In addition, the Barclays Transitions Indices will be available for California producers on the North American Charter® Plus 10 and 14 fixed index annuities.
The Indices will be available on the following crediting methods:
- Annual Point-to-Point with Participation Rate
- Two-Year Point-to-Point with Participation Rate
The Barclays Transitions Indices seek to provide investors with consistent exposure to equities and a dynamic combination of commodity and fixed-income assets. The Indices aim to provide broad-based exposure to US equities while seeking to stabilize performance throughout each economic cycle by incorporating commodities and longer-duration US treasuries. Each index transitions between allocation Trend Scenes based on market conditions using exclusive Dynamic Trend RotationTM.
To further manage risk, the Barclays Transitions 6% VC IndexTM aims to limit its annual volatility to a 6% target and the Barclays Transitions 12% VC IndexTM aims to limit its annual volatility to a 12% target using Barclays’ proprietary intraday volatility technology.
NEW BUSINESS GUIDELINES
Changes above apply to applications received in the home office or submitted through e-Biz on or after July 9.
New Barclays Transitions Indices are not yet available on Income Pay Pro and BenefitSolutions in Oregon
The Barclays Transitions Indices were released earlier this year on North American Charter Plus in most states; new in California effective July 9