id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
fsr-3931	Kuhlemeyer, Gregory A.	The Equity Index Annuity: an examination of performance and regulatory concerns	2000	16	.pdf	application/pdf	8396	404	56	Even within this category, the various company specific products may not be close to each Table 1 Equity index annuity risk-return results for one-year product Product type Principal guarantee (guarantee rate) Participation rate Ceiling on credited return Mean return (min, max) Standard deviation (% at min, % at max) S&P 500 total return (min, max) Simple point-to-point 100% 15% n/a 3.63% 1.61% 13.7% (Base case) (3%) (3.0%, 21.2%) (73.6%, n/a) (�56.9%, 152.2%) An increase from a 50% to a 55% participation rate Table 2 Equity index annuity risk-return results for five-year product Product type Principal guarantee (guarantee rate) Participation rate Cap on credited return Mean return (min, max) Standard deviation (% at min, % at max) S&P 500 total return (min, max) Simple point-to- point 100% 50% n/a 34.7% 30.0% 91.1% (Base case) (3%) (15.9%, 311.5%) (44.7%, n/a) (�59.0%, 784.2%) Point-to-point 100% 60% n/a 40.3% 36.9% 91.1% (Simple) (3%) (15.9%, 373.8%) (41.5%, n/a) (�59.0%, 784.2%) Point-to-point 90% 65% n/a 39.2% 43.2% 91.1% (Simple) (3% (4.3%, 405%) (26.8%, n/a) (�59.0%, 784.2%) Point-to-point 100% 55% n/a 34.6% 29.4% 91.1% (12-month Asian-end) (15.9%, 349.7%) (43.7%, n/a) (�59.0%, 784.2%) Point-to-point 100% 50% 12% annual 34.9% 11.0% 91.1% (Annual ratchet) (3% per year) (per year) (15.9%, 76.1%) (96.3%, 69.0%)* (�59.0%, 784.2%) Point-to-point 100% 45% n/a 35.5% 28.7% 91.1% (Look back) (3%) (15.9%, 315.6%) (38.11%, n/a) (–59.0%, 784.2%) *	cache/fsr-3931.pdf	txt/fsr-3931.txt