Momentum Growth Plus

CFA take

“In my view, the Delaware Life Momentum Growth Plus is one of the more innovative accumulation-focused FIAs currently available, primarily because of its VersaGain feature. Unlike traditional FIAs that automatically lock in all gains each year, this product gives investors the flexibility to selectively re-risk a portion of previously earned gains in exchange for higher future participation rates or caps. For investors who understand market cycles and are comfortable taking measured incremental risk on gains — rather than on principal — the structure can potentially create stronger long-term accumulation outcomes than a traditional FIA design. The 15% upfront premium bonus also makes the product attractive for long-term investors seeking an immediate boost to account value, although that comes with the expected trade-off of somewhat lower ongoing crediting rates compared to the non-bonus version. That said, the product is clearly more complex than a standard FIA and may not suit highly conservative or hands-off investors. Outside the S&P 500 option, most available indices are volatility-controlled, which can reduce upside participation during stronger equity markets. Overall, I would view Momentum Growth Plus as a strong fit for accumulation-oriented investors who want principal protection but are also comfortable using a more active and flexible FIA structure to pursue higher long-term growth potential.”