JEFFERSON NATIONAL AND EXCEED INVESTMENTS LAUNCH FIRST “DEFINED OUTCOME” FUND WITHIN TAX-DEFERRED WRAPPER TO HELP RIAS AND FEE-BASED ADVISORS MANAGE LOW YIELD, HIGH VOLATILITY MARKET
- First fund to provide controlled market exposure with a preset, defined level of downside protection within a tax-deferred wrapper
- Focuses on a conservative exposure to the S&P 500, targeting a limit on losses to no more than 12.5% on an annualized basis while capping annual upside participation at a maximum gain of 15%
- Seeks to track the performance of the Nasdaq Exceed Defined Protection Index (EXPROT)
For further information please see the press release.