As of January 1, 2025, the EquiBuild Fund Declared Rate will be 6.0%.
Equibuild Fund Declared Rate |
2024 | 2025 |
5.5% | 6.0% |
Consequently, the rate used to calculate the annual bonus for in-force EquiBuild policies will be 6.0% and the rate credited to the EquiBuild account will be 4.5% (the Fund's declared rate less a management fee of 1.5%).
The increased rate is the result of our solid and diversified investment strategy, the smoothing formula1 and the current favorable economic climate. For more information, see the Fund document.
1 The smoothing formula is based on long-term return estimates, while spreading out major fluctuations, both positive and negative, in the Fund's actual returns against the credited returns in order to foster a stable rate with low volatility from one year to the next.