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Article: Rydex Investments and Jefferson National's Monument Advisor Launch Two Variable Trust Products using Hedge Fund Strategies in First Variable Annuity with Flat Insurance Fee.
- Article from:
- Business Wire
- Article date:
- March 13, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ROCKVILLE, Md. & NEW YORK -- One of the Lowest Cost VAs on the Market(1) Seeks to Deliver Benefits of Hedge Fund Investing to Fee-Based Advisors and the Clients They Serve
Known for their alternative product lineup and strong commitment to the RIA marketplace, Rydex Investments and Jefferson National have teamed up to give advisors access to popular hedge fund-like strategies(2) by launching two new variable trust products - the Rydex Absolute Return Strategies Fund and the Rydex Hedged Equity Fund - in Jefferson National's Monument Advisor, the only variable annuity to charge a flat insurance fee of $20 per month, no matter how much clients invest.(3)
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