With Swiss Life FlexSave you participate in the positive development of the Index-Basket, comprising renowned indices.
The key period for participation is from 7 October until 6 October of the following year (“participation year”). At the end of a participation year, the current level of each index in the Index-Basket is compared with its level at the beginning of the participation year.If the level is higher at the end of a participation year than at the beginning, this results in a positive amount for the index participation.
The individual positive amounts are added together in accordance with their weighting in the Index-Basket to calculate the Index-Basket’s performance. If an index does not achieve a positive performance, it is not included in the calculation.
The qualifying annual index performance for the individual indices is limited to a maximum amount (cap). This value is independent of the market environment and can be adjusted annually as at the participation key date.
The first participation year begins on 7 October 2020. The maximum annual qualifying index performance will be 8%, the expected participation rate (share of the mathematical reserve upon which index participation is based) will be around 55%.
The Index-Basket will be composed as follows:SMI: 20% / S&P 500: 20% / EuroStoxx 50: 20% / Nikkei: 20% / FTSE 100: 20%