Hedge Cost Index July 2017

  • Print
  • Connect
  • Email
  • Facebook
  • Twitter
  • LinkedIn
  • Google+
By Ram Kelkar, Daren Lockwood, Xiaohong Mo, Adam Schenck | 01 August 2017
The expected hedge cost for a hypothetical lifetime GMWB block (see Index Methodology) is estimated to be 127 bps as of the end of July 2017, down 4 bps from the previous month, driven by an increase in long-term swap interest rates.