|New options from leading asset managers offer more choice and a level of control
MINNEAPOLIS — April 27, 2015 — Allianz Life Insurance Company of North America (Allianz Life®) today launched two new investment options available on all new business and in-force Allianz VisionSM Variable Annuity and Allianz ConnectionsSM Variable Annuity products. The AZL® MVP DFA Multi-Strategy Fund and the RCM Dynamic Multi-Asset Plus VIT Portfolio are now available on contracts that either have no additional optional benefits or have the optional Income Protector rider. The addition of these popular investment options from experienced asset managers supports Allianz Life’s commitment to the variable annuity marketplace. These investment options offer clients an additional asset allocation /*/ solution and can serve as the foundation for their overall portfolio.
"Offering investment options from highly respected asset managers adds value to the Allianz Life product portfolio and strengthens our position in the variable annuity marketplace," said Allianz Life Financial Services President Robert DeChellis. "Adding these new investment options also enhances our robust variable annuity fund line-up by giving our clients greater choice."
AZL MVP DFA Multi-Strategy Fund
DFA funds are among the leading managed funds in the investment industry. A global investment firm that has served investors for more than 30 years, Dimensional Fund Advisors (DFA) and its affiliates have more than $380 billion in assets under management as of 2014. The AZL MVP DFA Multi-Strategy Fund combines a number of DFA’s popular strategies into an asset allocation composed of U.S. large and small-cap, international and emerging markets equity, and global fixed income asset classes through the MVP risk management process. The goal of the MVP risk management process is to manage the risk of market exposure. When overall market volatility is generally moderate or low, the MVP risk management process participates with the market equal to the risk of the investment option thus minimizing its protection aspect. During periods of higher market volatility, the MVP risk management process seeks to reduce volatility with the goal of minimizing extreme negative outcomes.
RCM Dynamic Multi-Asset Plus VIT Portfolio
The RCM Dynamic Multi-Asset Plus VIT Portfolio (DMAP) is being offered to Allianz Life as an investment option for the first time by Allianz Global Investors (AllianzGI). Using the expertise of more than 500 investment professionals across 17 countries, AllianzGI is an active investment manager with $499 billion in assets under management. /**/ The DMAP strategy seeks capital appreciation and risk mitigation relative to a global 60% equities/40% fixed-income benchmark. Using a unique approach, the DMAP strategy dynamically allocates its assets based on the investment management team’s assessment of asset class trends and their underlying fundamentals. The strategy favors riskier asset classes when trends and fundamentals are positive and becomes more defensive in its positioning when they are not. The investment team has the ability to dynamically adjust the equity allocation up to 65% when markets are favorable and down to 10% in times of market stress offering opportunity for enhanced returns and risk control for investors through active asset allocation.
About Allianz Life Insurance Company of North America
Allianz Life Insurance Company of North America, one of FORTUNE’s 100 Best Companies to Work For in 2015, has been keeping its promises since 1896. Today, it carries on that tradition, helping Americans achieve their retirement income and protection goals with a variety of annuities and life insurance products. As a leading provider of fixed index annuities, Allianz Life is part of Allianz SE, a global leader in the financial services industry with 147,000 employees worldwide. More than 85 million private and corporate customers rely on Allianz knowledge, global reach, and capital strength to help them make the most of financial opportunities.
/*/ Asset allocation does not ensure a profit or protect against loss.
/**/ Combined worldwide assets under management as of December 31, 2014.
Variable investment options are available only as investment options in variable life insurance policies and variable annuity contracts issued by life insurance companies. They are not made available to the general public directly.
The Allianz Investment Management LLC and Allianz Global Investors U.S. LLC investment options are managed by an affiliate of Allianz Life Insurance Company of North America and Allianz Life Financial Services, LLC. All are affiliated companies.
For more complete information about variable annuities and variable investment options, call your financial professional or Allianz Life Financial Services, LLC at 800.624.0197 for a prospectus. The prospectuses contain details on investment objectives, risks, fees, and expenses, as well as other information about the variable annuity and variable investment options, which you should carefully consider. Please read the prospectuses thoroughly before sending money.
Guarantees are backed by the financial strength and claims-paying ability of Allianz Life Insurance Company of North America and do not apply to the performance of the variable subaccounts, which will fluctuate with market conditions.
- Not FDIC insured
- May lose value
- No bank or credit union guarantee
- Not a deposit
- Not insured by any federal government agency or NCUA/NCUSIF
Products are issued by Allianz Life Insurance Company of North America and distributed by its affiliate, Allianz Life Financial Services, LLC, member FINRA, 5701 Golden Hills Drive, Minneapolis, MN 55416-1297. 800.542.5427 www.allianzlife.com