Statutory Accounting Principles Working Group

IDFs are generally alternative investment portfolios containing hedge funds, high-yield bonds, direct lending credit vehicles and high-turnover portfolios linked to variable annuity or life insurance products. Unlike traditional life insurance, an investor buys a PPLI or PPVA principally as an income tax-free investment vehicle. ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download