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Index / Indices (P1)




INDEX:
Statistical composite that measures changes in the economy or in financial markets, often expressed in percentage changes from a base period or from the previous month.

INDICES:
The plural form of the word 'index'.

2-YEAR TREASURY NOTE:
A fixed-interest security issued by the US government that can mature in two years.

3-MONTH LONDON INTERBANK OFFERED RATE (LIBOR):
A three-month average of the London Interbank Offered Rate (LIBOR) is a daily reference rate based on the interest rates at which banks borrow unsecured funds from other banks in the London wholesale money market.

5-YEAR CONSTANT MATURITY TREASURY RATE:
An index published by the Federal Reserve Board, based on the average yield of a range of Treasury securities, all adjusted to the equivalent of a five-year maturity.

ANNUITIZE:
To change all or a portion of the annuity contract from a cash accumulation period to the periodic distribution of funds.

ANNUITY LINKED TVI INDEX:
An index that is linked to the Trader Vic Index via the application of a volatility control overlay. The Trader Vic Index is designed to capture both rising and falling price trends by taking long and short positions on a monthly basis on 24 futures markets across the commodity, fixed income and foreign exchange asset classes.

BARCLAYS CAPITAL AGG REGATE BOND INDEX:
Formerly the "Lehman Aggregate Bond Index," this is a broad base index, maintained by Barclay's Capital, which is used to represent investment grade bonds being traded in the United States.

The BARCLAYS US DYNAMIC BALANCE INDEX:
Reflects the performance of an allocation strategy between the S&P 500 Index and the Barclays U. S. Aggregate Bond Index in accordance with a rules-based model.


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