FVC custom indexes

If the current value of the benchmark S&P 500 index remains constant, the value of the FVC capital-at-risk indexes will fall because the strike prices for the products are set to rise. The hypothetical five-year products that matured last month would have been initially purchased in June 2004, at a time when the S&P index was 24% higher than it is today. The income indexes remains ahead of the accelerated growth index because investors continue to receive income regardless of the state of the u