Sentences with phrase «reverting value premium»
But the mean - reverting value premium has had a whiplash effect on the average value investor, whose philosophical commitment to value investing is belied by trend - chasing allocations.
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Should the contract value be less than the greater of either one Lifetime Annual Payment or the minimum contract value, the death benefit reverts to traditional return of premium, and is reduced proportionately by all past and future withdrawals.
Because the value premium is mean - reverting, short - term trend - chasing behavior on the part of the average value mutual fund investor more than offsets the funds» outperformance.
Unfortunately for them, however, the value premium is mean - reverting.
Mean - Reverting Value Premium First, this result tends to corroborate the finding, documented in Hsu (2014), that the value premium is mean - rReverting Value Premium First, this result tends to corroborate the finding, documented in Hsu (2014), that the value premium is mean - reverValue Premium First, this result tends to corroborate the finding, documented in Hsu (2014), that the value premium is mean - revervalue premium is mean - revertingreverting.
After the initial term, the policy reverts back to a plain universal life policy where higher premiums and cash value will be needed to sustain the policy.