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Point to Point
Divide the index value at the end of the reset period by the index value at the
beginning of the reset period.
Monthly Average
Divide the average of the monthly index values during the reset period by the index
value at the beginning of the reset period.
Daily Average
Divide the average of the daily index values during the reset period by the index
value at the beginning of the reset period.
Monthly Average Multiple Index
This calculation uses three indices. Calculate the Monthly Average during the reset
period for each index. Calculate the weighted average of the three by assigning
a 50% weight to the highest, 20% weight to the lowest, and 30% weight to the middle
index.
Monthly Point to Point
Calculate the monthly growth for each month during the reset period. Apply the parameters
(i.e. cap, participation rate, and spread). Sum the calculated monthly growth factors
after the parameters have been applied.
Threshold Method
Each month a Threshold Credit is applied to the account value for each Threshold
Level that has been surpassed. If no new Threshold Level is surpassed, then nothing
is credited to the account value.
Monthly Point-to-Point with Highwater
Calculate the monthly growth for each month during the reset period. Apply the parameters
(i.e. cap, participation rate, and spread). Sum the calculated monthly growth factors
after the parameters have been applied. The highwater feature ensures the reported
account value will never be less than the reported account value on the previous
anniversary.
Point to Point with End Average
Divide the average index value at the end of the reset period by the index value
at the beginning of the reset period. The average index value equals the daily average
over a specified number of months leading up to the end of the reset period.
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