This time period designates a particular monetary product providing a possible fee of return. The “athene” element identifies the supplier of the monetary instrument. The “max fee 7” suggests a most rate of interest or development potential of seven %, achievable below particular market circumstances outlined within the product’s documentation. For instance, this might discuss with a hard and fast annuity issued by Athene with a possible most annual development fee of seven %.
The importance of such a fee lies in its potential to develop funding capital over time, significantly during times of low rates of interest supplied by extra conventional financial savings autos. It may be a fascinating attribute for people looking for average danger and predictable returns. Historic context reveals a constant demand for merchandise guaranteeing a specified return ceiling amidst fluctuating financial climates, as traders typically prioritize safety alongside potential positive factors.