Allocation Options
With Synergy Choice Income, you can earn fixed interest – or choose to base potential indexed interest on changes in several external market indexes.
Fixed Interest Strategy Allocation Synergy Choice Income lets you earn interest at a fixed rate if you wish. Aspida credits fixed interest daily based on the rate we establish at the beginning of each contact year. Indexed Interest Strategy Allocations You can also choose to earn potential interest based on your choice of several external market indexes. You can choose to allocate your premium among one – or more – index crediting strategies. Index Options: This helps determine how your money could grow. The index options with Synergy Choice Income give you a blend of choices that complement each other and can help you choose what works for you. To help choose what’s right for you, here are the pieces that make up each strategy.
Citi Aria Index 12 The index is a 100% equity index with dynamic monthly allocations to the best performing of two Citi indices, which use ESG (environmental, social and governance) scores to make their own allocations: one of these provides notional exposure to US large capitalization equities, and the other provides notional exposure to US technology equities. The index incorporates a 20% volatility target mechanism, and a performance control mechanism which limits both the gains and losses of the strategy’s monthly returns. The index also uses a dollar-cost averaging system in order to attempt to reduce market-timing risk. Goldman Sachs Grand Prix Index 13 The Index deploys signals from well-studied market anomalies to drive dynamic rebalancing between US technology equity futures and US Treasury futures. The Index then applies a patent pending volatility control mechanism, truVol ® , based on intraday returns. 14
S&P 500® Index Widely regarded as the best single gauge of large-cap U.S. equities, this index captures approximately 80% of available market capitalization.
12 The Citi Aria Index (CITIARIA) provides a notional exposure to the Citi ESG Momentum VT ER Index (CITIARIV), which in turn provides a notional exposure (with volatility targeting) to the Citi ESG Momentum Core ER Index (CITIARIC), which allocates monthly between either the Citi US Tech ESG Series 1 Gross Total Return Index (CESGUSSG) (the “Tech Index”) or a basket made up of the Citi US Large Cap ESG Series 1 Gross Total Return Index (CESGUSLG) (the “Large Cap Index”) and the iShares ESG Aware MSCI EAFE exchange-traded fund. Both the Tech Index and the Large Cap Index use ESG scores provided by an external data analyst, which is not responsible for any Citi index. Citi is not involved in the determination of the ESG scores. iShares ETFs are provided by BlackRock, which is not responsible for any Citi index. Notional costs are deducted from index performance. Full details and risks are set out in the relevant index conditions. 13 The Index is calculated on an excess return basis and net of servicing and rebalancing costs. A deduction rate of 0.50% per annum (accruing daily) is further applied to the Index. For more information about the Index, see www.goldmansachsindices.com/products/GSGRNDPX. The Index methodology is available upon request. 14 Salt Financial Indices LLC determined and designed the methodology for truVol ® Risk Control Engine. Goldman Sachs was not involved in designing or determining the methodology for truVol ®
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