Allianz Life Insurance Company of North America (Allianz Life) has launched two enhanced index allocations, namely Barclays US Dynamic Balance Index, and Russell 2000 Index.
The allocations, which offer additional choices for retirement accumulation, will be available through the Allianz Preferred platform.
Allianz Life senior vice president of sales Eric Thomes said the company's product innovation efforts are making a positive impact on the accumulation potential of Allianz Preferred products.
"Adding these index allocations continue to give our products transparency so customers can track how their retirement accumulates," added Thomes.
Barclays US Dynamic Balance Index offers an uncapped strategy with an annual spread and attempts to provide balance by shifting weight daily between the S&P 500 Index and the Barclays Capital US Aggregate Bond Index based on realized market volatility.
By measuring the performance of small-cap firms, the Russell 2000 Index allocation seeks to help meet the needs of customers looking to diversify their accumulation strategy.
