The index aims to provide exposure to the Nasdaq-100 Total Return Index
American Life & Security Co. has partnered with Nasdaq Global Indexes to introduce a new investment option within its American Select Fixed Indexed Annuity (FIA). The newly launched Nasdaq-100 Intraday Elite 15% Index (Ticker: XNDXEL15TM) is designed to offer policyholders a dynamic and risk-managed exposure to the Nasdaq-100 Total Return Index. Unlike traditional indices, the Nasdaq-100 Intraday Elite 15% can rebalance up to 3 times per day Launched on 1 July 2025, the index aims to pr