Resetsallow theguaranteed amountof a segregated fund contract to beadjusted upwardto lock in market gains. This feature is highly attractive for risk-tolerant investors like Ulysses because it secures gains without sacrificing the original guarantee.
Exact Extract:
"Resetting the maturity and death benefit guarantees upward allows investors to lock in market gains, which can appeal to those investing in volatile, high-risk sectors."
(Reference:Segfunds-E313-2020-12-7ED, Chapter 2.1.2 Growth Secured by Reset)
Contribute your Thoughts:
Chosen Answer:
This is a voting comment (?). You can switch to a simple comment. It is better to Upvote an existing comment if you don't have anything to add.
Submit