The expected hedge cost for a hypothetical lifetime GMWB block (see Index Methodology) is estimated to be 112 bps as of the end of June 2015, down 11 bps from the previous month, measured on a consistent basis.
The expected hedge cost for a hypothetical lifetime GMWB block is estimated to be 112 bps as of the end of June 2015, down 11 bps from the previous month, measured on a consistent basis.