b'A FIA CASE STUDYLuis is a 55-year old moderate to conservative investor living in South America. Over the last several years he has earned some stock market gains. He wants to: Earn investment income based on increases in the stock marketProtect investment gains from market lossesLeave a legacy to his childrenHave penalty free access to his investmentsBy purchasing Knighthead Annuitys Safe Harbour TMFIA7, Luis investment of $250,000 can benefit from increases in the S&P 500 Index while enjoying 100% guaranteed protection from any losses. How? At the end of the contract year, the S&P 500 Index is compared to its price at the beginning of the contract year. A positive Index return is credited to the contract up to the cap rate. If the percentage change in the S&P 500 is zero or negative, the contract value remains the same and does not incur a loss. For future years, any interest earned is locked-in and protected from any future index losses. In other words, Luis enjoys potential market upside, without any downside risk to his principal or prior earned interest.Assumptions Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 71. Knighthead Safe Harbour TM7 year FIA S&P 500 Index Change 14% 4% -38% 23% 13% 0% 13%2. Assumes no withdrawals3. Cap rate is reset annually at 7.50% FIAInterest Rate 7.5% 4% 0% 7.5% 7.5% 0% 7.5%S&P vs. FIA Return S&P Value FIA Value$370,000No loss Gain $347,222$320,000 GainNo lossGain $288,624$270,000$250,000$220,000$170,000$120,000$70,000 Inception Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7knightheadannuity.comTel 345-623-0300Toll Free 1-855-789-KHAL (5425)9'