Corebridge Financial Enhances Advanced Outcomes Annuity with Milliman FRM Structured Funds Sub-Advised by Capital Group
Advanced Outcomes Annuity’s New Hedged Equity Funds Create Structured Outcome Investments with an Active Approach
“Our Advanced Outcomes Annuity helps financial professionals take action for their clients as they seek to target higher growth than many traditional structured annuities, provide strong downside protection and deliver a valuable level of flexibility,” said
The new hedged equity funds,
“We are thrilled to join with
“We are excited to partner with
In addition to the new hedged equity funds, Advanced Outcomes Annuity recently added a trigger strategy to the structured outcome funds managed by Milliman FRM. The trigger strategy targets predefined growth when the referenced index performance is either flat or positive and provides targeted downside protection using a buffer against market losses over the six-month fund term.
For more information on Corebridge’s variable annuity featuring structured outcome investments, please visit the Advanced Outcomes Annuity website.
Advanced Outcomes Annuity offers structured outcome investment strategies with underlying funds that have characteristics unlike many other traditional investment products and may not be suitable for all investors. There is no guarantee that the outcomes for a specific fund term will be realized. An investment in Advanced Outcomes Annuity involves investment risk, including possible loss of principal. For more information regarding whether an investment in these funds is right for you, please see the product and fund prospectuses.
Hedged equity funds – Equity exposure is subject to an Extended Buffer rate in down markets and a Cap rate in up markets.
Structured outcome funds – Equity exposure is subject to a Par Down, Floor or Buffer rate in down markets and a Par Up, Cap, Spread or Trigger rate in up markets.
Investment strategies terms pertain only to the fund term itself and not the annuity. Advanced Outcomes Annuity features a 6-year declining withdrawal charge schedule.
There is no assurance that a variable portfolio’s strategy or investment process will achieve its specific investment objectives.
Underlying Funds may employ Strategies which seek to provide a ‘structured outcome’ investment experience. The upside capture parameters could limit the upside participation of these Underlying Funds. Conversely, downside protection parameters provide limited protection in the event of decreasing referenced index performance. There is no guarantee that these Underlying Funds will completely protect against referenced index price decreases. The parameters of the Underlying Funds are designed to attempt to achieve their objectives over the entirety of the Underlying Fund’s outcome period. If you invest in these Underlying Funds after its specified outcome period has already started, you risk your investment not experiencing the full effect of the parameters. The specified outcomes of these Underlying Funds may not be realized, and a degree of under or over performance is likely. For more information, please see the Underlying Funds’ prospectuses.
Variable annuities are long-term investments designed for retirement. Early withdrawals may be subject to withdrawal charges. Partial withdrawals may reduce benefits available under the contract, as well as the amount available upon a full surrender. Withdrawals of taxable amounts are subject to ordinary income tax and if taken prior to age 59½, an additional 10% federal tax may apply.
An investment in Advanced Outcomes Annuity involves investment risk, including possible loss of principal. The contract, when redeemed, may be worth more or less than the total amount invested. Products and features may vary by state and may not be available in all states or firms. We reserve the right to change fees for features described in this material; however, once a contract is issued, the fees will not change. The purchase of Advanced Outcomes Annuity is not required for, and is not a term of, the provision of any banking service or activity.
This material is general in nature, was developed for educational use only, and is not intended to provide financial, legal, fiduciary, accounting or tax advice, nor is it intended to make any recommendations. Applicable laws and regulations are complex and subject to change. Please consult with your financial professional regarding your situation. For legal, accounting or tax advice consult the appropriate professional.
All contract and optional benefit guarantees are backed by the claims-paying ability of the issuing insurance company. They are not backed by the broker/dealer from which this annuity is purchased.
Advanced Outcomes Annuity is sold by prospectus only. The prospectus contains the investment objectives, risks, fees, charges, expenses and other information regarding the contract and underlying funds, which should be considered carefully before investing. A prospectus may be obtained by calling 1-877-445-1262. Investors should read the prospectus carefully before investing.
Advanced Outcomes Annuity is issued by
Policy form number: AG-807 (06/21)
About Milliman Financial Risk Management
For more information, visit capitalgroup.com.
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