A mortgage with an interest rate and payment that changes periodically over the life of the loan based on the change in
a specific financial index.
Often, the interest rate offered by the life insurance company is determined based on
a specific financial index.
Not exact matches
Most (59 %) of these firms offer
financial incentives for undergoing the screenings, and some (14 %) tie the incentives to meeting
specific outcomes such as a targeted body mass
index (BMI) or cholesterol level.
There are over a dozen subsector Dow
indexes available within the
financial sector, with focuses ranging from credit card companies and major mortgage lenders to
specific insurance areas (such as auto insurance or life insurance) and a variety of categories for different types and sizes of banks.
Leveraged exchange - traded funds have appeared that are designed to move either conversely or inversely to their underlying benchmark, which may be either a
financial index or a
specific segment...
But, you can also purchase options as a
financial derivative of an
index, such as the S&P 500 or a
specific ETF.
As you probably know, ETFs may track a commodity such as gold, a basket of commodities such as agricultural crops, a broad
index like the S&P 500, an industry sector such as
financials, the economy of a
specific country like Japan or Brazil, or even a group of countries designated as «emerging markets».
You can invest in
indexes that track emerging - markets corporate or government bonds, as well as corporate bonds in
specific sectors, such as
financials, utilities or industrials.
The
index could be the «ASX 200»
index or that of a
specific sector, such as energy,
financials, industrials or health care.
A futures contract provides for the future sale by one party and purchase by another party of a specified amount of a
specific financial instrument (e.g., units of a stock
index) for a specified price, date, time and place designated at the time the contract is made.
Since your
indexed universal life insurance policy is tied to a
specific index, it's very important that you ask your
financial advisor questions to ensure you thoroughly understand the intricacies of your policy.