Or it might use leverage to attempt to magnify
the movements of a particular index.
Not exact matches
A stock
index represents a group
of the most heavily traded stocks in a
particular category, like the 30 largest industrial companies (Dow ®), or the largest tech firms (Nasdaq ®) and reflects the
movement of the market as a whole, rather than one company.
The cash value is not invested directly into the market, rather you are participating in the
movement of the
index based on a formula that tracks the gains (or losses)
of that
particular indexed account.
Interest is credited to your policy via a declared fixed rate or based on a formula that tracks the
movement of a selected stock market
index over a
particular time frame, known as a segment.