Just so you know, if you buy this garbage, the forms you will be required to sign have clauses that say whatever the salesperson told you is completely unenforceable and used for illustration purposes only. There will be a couple hundred pages of legal small print spelling out the actual terms. Eg the 10.5% is going to be a lie.
It won’t be just an annual cap. It will be broken down into smaller periods and capped further that way. They may even total to 10.5% on paper, but you will never get that unless the market is up 1% every month.
If the market goes up 10% in one month, you are probably capped down at 0.75%. And that’s how the market usually moves.
Most of the annual gains are concentrated in just a couple days per year.