This daily updated chart is your resource for tracking the accumulation unit values of the Investment Divisions of the New York Life Premier Variable Annuity – FP Series. For current to the most recent month-end performance information including average annual total return, please click on the Performance Summary tab.
Performance data quoted represents past performance. Past performance is no guarantee of future results. Due to current market volatility, current performance may be lower or higher than the figures shown. The investment return and the accumulation value of your policy will fluctuate so that a policy, when surrendered, may be worth more or less than the premium payments.
All performance reflects the percentage change for the period shown with capital gains and dividends reinvested. The New York Life Premier Variable Annuity – FP Series Premium Based M&E Fee differs from many other variable annuity polices in that the Mortality and Expense Risk and Administrative Costs Charge is calculated as a percentage of the Adjusted Premium Payments under the policy (excluding premiums allocated to the Fixed Account), rather than as a percentage of Separate Account assets. Therefore, the 1.30% charge during the surrender charge period and 1.10% after the surrender charge period is not reflected in the performance of the Investment Divisions, but will be deducted on a quarterly basis by reducing the number of Accumulation Units in the Investment Divisions you have selected. In a rising market, since each Accumulation Unit will have a relatively greater value, fewer Accumulation units will be deducted from your policy for the Mortality and Expense Risk and Administrative Cost Charge. In a declining market, since each Accumulation Unit will have a relatively lower value, more Accumulation Units will be deducted from your policy for the Mortality and Expense and Administrative Cost Charge. The value of your policy will depend on the number of accumulation units you own and the value of those units.
For the New York Life Premier Variable Annuity – FP Series Accumulation Value Based M&E Fee all performance reflects the percentage change for the period shown with the capital gains and dividends reinvested and includes an annualized Separate Account Expense Charge of 1.20% during the surrender charge period and 1.00% after the surrender charge period expires.
A policy service charge of $30, is not included in these charges, but will be deducted each year from the policy's Accumulation Value on the policy anniversary and upon surrender if on that date the Accumulation Value is less than $100,000. The Investment Divisions offered under the New York Life Premier Variable Annuity – FP Series and described herein are different from mutual funds that may have similar names but are available directly to the general public. Investment results may differ. The policies were first offered for sale on November 20, 2017.
Investors are asked to consider the investment objectives, risks, charges, and expenses of the investment carefully before investing. Both the product prospectus and the underlying fund prospectuses contain this and other information. Please read the prospectuses carefully before investing.
To obtain a current product and fund prospectus call the New York Life Annuity Service Center at 1–800–762–6212 or click on the prospectus link above.
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1. Rates are as of [DATE] and are subject to change.
2. Available in states where approved. Only new premium payments may be allocated to the DCA Advantage Account/Plan. Money may not be transferred into the DCA Advantage Account/Plan from any of the Investment Divisions or the Fixed Accounts. Money in the DCA Advantage Account/Plan only earn the DCA Advantage Account/Plan interest rates while it is in the account waiting to be transferred into the Investment Divisions. Because the money is periodically transferred out of the DCA Advantage Account/Plan, amounts in the DCA Advantage Account/Plan will not achieve the declared annual effective rate. Once money has been transferred to the Investment Divisions, it is subject to market risks and will fluctuate in value.
Issued by: New York Life Insurance and Annuity Corporation (A Delaware Corporation)
Distributed by: NYLIFE Distributors LLC. (Member FINRA), 51 Madison Avenue, New York, NY 1001
Annuities:
- Not FDIC/NCUA insured
- Not a Deposit
- May Lose Value
- No Bank Guarantee
- Not Insured by Any Government Agency
View/download Performance Summary for Level M&E fee structure policies
View/download Performance Summary for Traditional fee structure policies
For more complete information, please refer to the individual funds prospectuses. Investors are asked to consider the investment objectives, risks, charges, and expenses of the investment carefully before investing. Both the product prospectus and the underlying fund prospectuses contain this and other information about the product and underlying investment options. Please read the prospectuses carefully before investing.
Annuities:
- Not FDIC/NCUA insured
- Not a Deposit
- May Lose Value
- No Bank Guarantee
- Not Insured by Any Government Agency
For more complete information, please refer to your New York Life Premier Variable Annuity - FP Series Prospectus. To obtain a current product and funds prospectus, please call the New York Life Annuity Service Center at 1-800-762-6212 or click below as indicated. Investors are asked to consider the investment objectives, risks, charges and expenses of the investment carefully before investing. Both the product prospectus and the underlying fund prospectus contain this and other information about the product and underlying investment options. Please read the prospectuses carefully before investing.
View/download the Variable Annuities prospectus and legal documents.
Annuities:
- Not FDIC/NCUA insured
- Not a Deposit
- May Lose Value
- No Bank Guarantee
- Not Insured by Any Government Agency