The multi-asset index with a decrement overlay will be traded by SILAC's fixed index annuities (FIAs).

Going live on 21 March, the Bloomberg Versa 10 Index  (BVERSA10) is designed for FIAs and dynamically allocates across four asset classes - US equities, US Treasuries, gold and the US dollar - each represented through a dedicated volatility-targeted sub-index. The excess return index tracks the Bloomberg Versa Basket 10 Index with a 10% volatility target and a 0.5% deduction factor –its rules-based framework incorporates both long and short exposure. Parameters of the Bloomberg