S&P 500 FC 7% Index (SPFCDUE7)

Bloomberg Ticker
SPFCDUE7

Asset Classes
US Equity

Live Date
Oct 17, 2025

Volatility Target
7.0%

Overview

The S&P 500 FC 7% VT TCA 0.50% Decrement Index (USD) ER ("S&P 500 FC 7% Index") offers dynamic exposure to U.S. equities in the S&P 500^® with BofA’s patented Fast Convergence (FC) technology that strives for increased stability and performance by monitoring market moves and rebalancing throughout the trading day.

Key Features

Seeks to provide optimized exposure to the S&P 500, widely regarded as the best single gauge of U.S. large-cap equities.
Bank of America's patented Fast Convergence technology driving intraday adjustments to S&P 500 exposure to adapt to changing market conditions.

Aims to systematically stabilize volatility by dynamically adjusting its allocation throughout the trading day.
Targets 7% annualized volatility by dynamically shifting exposure between equities and cash.

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Performance

Summary

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1 Year -

2 Year (annualized) -

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10 Year (annualized) -

† Data sources listed below

Time Period

Market Scenario

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Resources

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† Index performance reflects back-tested results, which is not actual performance, but is calculated by applying the index methodology (designed with the benefit of hindsight) to historical financial data. While the index did not exist during this time period, the components did. Back-tested performance is hypothetical and has been provided for informational purposes only. It is not intended to predict future performance and actual performance will vary, perhaps materially, from the hypothetical performance shown above. The hypothetical performance of the index does not correlate directly to index credits. Please refer to the Index Strategy Insert for more information about how interest is credited.

The index is an excess return index. The returns of the index will reflect the performance of the underlying components in excess of a reference rate that could be earned on cash or a similar risk-free benchmark asset. Additionally, the performance of the index includes an embedded fee and may also include other costs such as transaction and replication costs. These costs may vary over time with market conditions. The excess return nature of index and the embedded fees and costs will all reduce index performance and the potential interest credited within the annuity contract. Because the index applies a volatility control mechanism, the range of both the positive and negative performance of the index is limited.

S&P 500 FC 7% Index • The S&P 500^® FC 7% VT TCA 0.50% Decrement Index (USD) ER (the “Index”) is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”) and has been licensed for use by Athene Annuity and Life Company (“Athene”). S&P^®, S&P 500^®, SPX^®, US 500^®, The 500^®, iBoxx^®, iTraxx^® and CDX^® are trademarks of S&P Global, Inc. or its affiliates (“S&P”); Dow Jones^® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). Fast Convergence and FC are trademarks of BofA Securities, Inc. and/or its affiliates (“BofAS”). BofAS has licensed the Fast Convergence (FC) patented methodology (“Methodology”) and related trademarks to SPDJI for use in the S&P 500 FC 7% VT TCA 0.50% Decrement Index (USD) ER. Athene’s products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, BofAS, or their respective affiliates and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the Index.