Jefferson offers futures fund

Jefferson National Life Insurance Co. today added the Rydex Variable Trust Managed Futures Strategy Fund to its Monument Advisor variable annuity.
DEC 02, 2008
By  Bloomberg
Jefferson National Life Insurance Co. of Dallas today added the Rydex Variable Trust Managed Futures Strategy Fund to its Monument Advisor variable annuity. The fund, designed to provide low correlation to traditional asset classes, gives customers exposure to a managed futures strategy and offers them exposure to long and short positions in the futures market — with the exception of energy, Jefferson said. Rather than providing direct exposure to the futures market, the fund uses structured notes and other financial instruments. The fund seeks to deliver the returns of the Standard and Poor’s Diversified Trends Indicator, which is divided equally between physical commodities, such as grains and livestock, and financials, which include the euro and the yen. The S&P DTI’s one-year average annual total return as of Sept. 30 was 7.19%, the three-year average was 5.61% and the five-year average was 9.24%. The Standard & Poor’s 500 stock index has faced a one-year average annual total loss of 21.98%, a three-year gain of 0.22% and a five-year gain of 5.17%.

Latest News

Farther debuts AI investment proposal tool for advisors to win clients
Farther debuts AI investment proposal tool for advisors to win clients

"Im glad to see that from a regulatory perspective, we're going to get the ability to show we're responsible [...] we'll have a little bit more freedom to innovate," Farther co-founder Brad Genser told InvestmentNews.

Are you optimally efficient?
Are you optimally efficient?

Taking a systematic approach to three key practice areas can help advisors gain confidence, get back time, and increase their opportunities.

Advisor moves: Father-son duo leaves Raymond James for LPL, RayJay adds Merrill Lynch alum in Florida
Advisor moves: Father-son duo leaves Raymond James for LPL, RayJay adds Merrill Lynch alum in Florida

Meanwhile, Osaic lures a high-net-worth advisor from Commonwealth in the Pacific Northwest.

Beacon Pointe adds six RIAs in two-month acquisition spree, boosting AUM by $2.7B
Beacon Pointe adds six RIAs in two-month acquisition spree, boosting AUM by $2.7B

The deals, which include its first stake in Ohio, push the national women-led firm up to $47 billion in assets.

RIA moves: RWA Wealth Partners strengthens leadership as $8B Procyon widens Northeast footprint
RIA moves: RWA Wealth Partners strengthens leadership as $8B Procyon widens Northeast footprint

The Dynasty Financial partner firm's latest deal in Connecticut adds roughly $600 million in client assets.

SPONSORED How advisors can build for high-net-worth complexity

Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.