权益指数年金产品的设计原理与应用

The product design principle and application of equity indexed annuity

作为一种新型的企业年金产品,权益指数年金允许持有人在股价指数上涨时享有资本利得,而在股价指数下跌时,提供最低报酬率的保证。文章对权益指数年金产品的设计原理和收益率计算方法进行了分析,并在此基础上进行了数据模拟,旨在为想参与股票市场投资却不想承担过大投资风险仍希望保有本金的年金投资人,提供一种有利的产品选择。

As an innovative enterprise annuity product, the equity indexed annuity guarantees the lowest return to its holders in bear markets. In order to provide a better choice for the investors who want to invest in stock markets while not bearing too much risk, this article analyzes the enterprise annuity＇s design principle and calculation method of the point to point return rate.