Fixed account:
Predictable growth at a fixed rate for a specific timeframe determined annually by the issuing company and guaranteed to never fall below 1%.
Fixed Account
Guaranteed minimum interest rate of 1%
When it comes to Premier Foundation, it helps to know the lingo.
Market Index
A market index is a group of stocks considered to represent a market sector. It is not possible to invest directly in an index.
Capped Account
A capped account has a maximum interest rate set by the issuing company, which can be credited to the account. Different indexed accounts have different caps. Caps are subject to change annually.
Annual Point-to-Point
Interest is credited based on changes in the market index (excluding dividends) between the start of a period and a point 12 months later.
Your financial professional can tell you about current interest rates and caps, so you can decide what’s best for you. If your needs change later, you can change your allocations after each 12-month period.
PM8838
5 of 8
Made with FlippingBook - Share PDF online