As discussed in Cetera’s FlexInsured Account Disclosure Document, Cetera earns fees for administering the FlexInsured Account Program. These FlexInsured Account fees will in almost all circumstances be substantially greater than the amount of interest customers earn from the same balances. Cetera will update this chart following the close of each calendar quarter in order to provide you updated historical fee information with respect to FlexInsured.
| Year | Quarter | Cetera Fee for FlexInsured* |
|---|---|---|
| 2023 | Q4 | 3.35% |
| Q3 | 3.21% | |
| Q2 | 3.20% | |
| Q1 | 3.07% |
*Expressed as a % based on average total cash in the FlexInsured Account Program. Included within this fee calculation are interest rate swaps, an interest rate derivative contract that Cetera enters into to help it manage variable interest rate risk related to administering this Program.