Nationwide Financial® was the first1 to create a variable annuity built specifically to include alternative asset class investments. We’re experienced leaders with 12 years of experience managing, creating and selling variable annuities with alternative asset classes.
Variable annuities are long-term, tax-deferred investments to help save for retirement. They involve risk and may lose value. Earnings are taxable as ordinary income when distributed and may be subject to a 10% federal tax penalty if withdrawn before age 59½.
America’s marketFLEX® II is a deferred variable annuity that provides advisors and clients with investment opportunity through:
America’s marketFLEX II offers investment options to give your clients a solid investment foundation.
Remember, investing in alternative asset classes involves special risk. Alternative asset classes may be highly speculative and leveraged or may use various hedging techniques, like options and derivatives. This could increase losses since hedge fund losses are not fully reflected in historical standard deviation measurements. Also, alternative asset classes may incur unique tax implications if traded in foreign markets and may be highly dependent on your manager’s investment techniques and ability to select appropriate risk. Often, alternative asset classes are not registered under U.S. Securities laws or similar laws in other countries; therefore, they’re subject to less regulation than publicly offered investments.
Investment options including actively traded investments, alternative asset classes and traditional asset classes
The guarantees and protections of a variable annuity, including tax deferral, tax-efficient investment exchanges, and lifetime income through annuitization
Death benefit - the payment that the investor’s beneficiaries or estate receive when the annuitant dies - include the standard return of contract value death benefit; an optional highest anniversary with spousal protection feature death benefit; or an optional return of premium with spousal protection feature death benefit; both optional death benefits have an additional cost
The spousal protection feature, available with either optional death benefit, allows the surviving spouse to continue the contract at the higher of the death benefit or contract value
Subsequent payments: $500 (or $50 for automated clearinghouse)
Multiple CDSC options available
B-share 7 year: 7-7-6-5-4-3-2-0%
L-share 4 year: 7-7-6-5-0%; cost is 0.35%
C-share: no CDSC schedule; cost is 0.40%
M&E fee: 1.05%; Admin fee: 0.20%
Standard return of contract value death benefit
Return of premium enhanced death benefit with spousal protection feature; cost is 0.20%; issued through age 75 with a $3 million cap
One-year step-up enhanced death benefit with spousal protection feature; issued through age 75, annual step up stops at age 80 with $3 million cap; cost is 0.30%
Spousal protection is available with return of premium or one-year step-up enhanced death benefits at no additional cost
Extra value rider2
Increase the value of the variable annuity immediately through the purchase of an extra value rider. If elected, the first-year purchase payments receive an immediate credit (not available in all states.)
3% − 0.40% Cost
4% − 0.55% Cost
Penalty-free withdrawals: 10% of total purchase payments (each year) that are subject to CDSC, minus purchase payments that have been surrendered (noncumulative)
Purchase payment credit3: 0.50% credit to contract for cumulative purchase payments of $500,000 − $999,999 and 1% credited to contract for cumulative purchase payments of $1,000,000 or more
CDSC waivers: Terminal illness and long-term care waivers are available if an optional enhanced death benefit is elected
For more information contact the Nationwide Sales Desk at 1-800-321-6064.