Allianz Life Insurance Company of North America has added two new investment options to its annuity portfolio, including the AZL MVP DFA Multi-Strategy Fund and the RCM Dynamic Multi-Asset Plus VIT Portfolio (DMAP).


The new investment options are available on all new business and in-force Allianz Vision Variable Annuity and Allianz Connections Variable Annuity products.

According to the company, the new options are available on contracts, which either have no additional optional benefits or have the optional Income Protector rider.

Allianz Life Financial Services president Robert DeChellis said: "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.

"Adding these new investment options also enhances our robust variable annuity fund line-up by giving our clients greater choice."

The AZL MVP DFA Multi-Strategy Fund integrates multiple Dimensional Fund Advisors (DFA) popular strategies into an asset allocation composed of US large and small-cap, international and emerging markets equity and global fixed income asset classes through the MVP risk management process.

The RCM DMAP will be offered as an investment option by Allianz Global Investors (AllianzGI), which seeks capital appreciation and risk mitigation relative to a global 60% equities or 40% fixed-income benchmark.

The DMAP strategy is said to allocate its assets based on the investment management team’s assessment of asset class trends and their underlying fundamentals and it favors riskier asset classes when trends and fundamentals are positive and becomes defensive in its positioning when they are not positive.

Image: Allianz Life has added new investment options to its annuity portfolio. Photo: courtesy of Vichaya Kiatying-Angsulee/