An index from Dimensional provides expanded market exposure and more flexibility to manage risk and returns
Madison, WIS. – TruStage™, an insurance, investment and technology provider, announces enhancements to its ZoneChoice registered index-linked annuity (RILA) The enhancements include a new index – the Dimensional US Small Cap Value Systematic Index (“Dimensional Index”) – which draws on decades of academic research to pursue higher expected returns. The Dimensional Index could also be a compelling complement to large cap market exposure, which is already available in ZoneChoice.
Other enhancements to the ZoneChoice Annuity provide greater flexibility to control investments through a new transfer feature and more ways to balance protection and growth potential with 1-year buffer allocation options. These enhancements, combined with the Dimensional Index, create more flexibility to suit each individual’s risk tolerance and financial goals.
“At TruStage, we believe a brighter financial future should be accessible to everyone. This fundamental purpose drives us to continually evaluate our product portfolio to ensure we bring relevant, high-value solutions to meet today’s challenges,” said Dave Hanzlik, Vice President of Annuity & Retirement Solutions. “ As we evaluated our current ZoneChoice product, we saw opportunities to bring more flexibility, enhance investment diversification, and reach a market segment that values protection but places an even higher value on growth potential.”
Featured for multiple years running in Barron’s publication of “The Best Annuities for Income and Growth,” ZoneChoice launched in 2021 and is issued by MEMBERS Life Insurance Company. The annuity allows retirees to balance between growth and protection, choosing from both floors (which provide a maximum loss in a down market) and buffers (which help protect against losses up to a buffer). Consumers could personalize a comfort zone based on their needs to help with a financially secure retirement.
“Dimensional shares a commitment to developing and supporting high-quality solutions that aim to positively impact investors through stages of their life and in retirement," said Carlo Venes, Co-Head of Global Client Group at Dimensional Fund Advisors. “We look forward to working with TruStage to provide more investors with diversified investment options to pursue higher expected returns and better meet their retirement goals.”
For more information on ZoneChoice or any of TruStage annuities, please contact the TruStage Annuities sales desk at 877.345.GROW (4769) or visit www.trustage.com/annuities
About TruStage
TruStage is a financially strong insurance, investment and technology provider, built on the philosophy of people helping people. We believe a brighter financial future should be accessible to everyone, and our products and solutions help people confidently make financial decisions that work for them at every stage of life. With a culture rooted and focused on creating a more equitable society and financial system, we are deeply committed to giving back to our communities to improve the lives of those we serve. For more information, visit www.trustage.com.
TruStage™ is the marketing name for TruStage Financial Group, Inc. its subsidiaries and affiliates.
TruStage™ Annuities is issued by MEMBERS Life Insurance Company (MEMBERS Life) and distributed by its affiliate, CUNA Brokerage Services, Inc., member FINRA/SIPC, a registered broker/dealer, 2000 Heritage Way, Waverly, IA, 50677. Investment and insurance products are not federally insured, may involve investment risk, may lose value and are not obligations of or guaranteed by any depository or lending institution. All contracts and forms may vary by state and may not be available in all states or through all broker/dealers. Base Policy Form numbers: 2020-VAIL, 2020-VAIL (ID).
The Dimensional US Small Cap Value Systematic Index (the “Index”) is sponsored and published by Dimensional Fund Advisors LP (“Dimensional”). References to Dimensional include its respective directors, officers, employees, representatives, delegates or agents. The use of “Dimensional” in the name of the Index and the related stylized mark(s) are service marks of Dimensional and have been licensed for use by CMFG Life Insurance Company (“CMFG Life”). CMFG Life has entered into a license agreement with Dimensional providing for the right to use the Index and related trademarks in connection with the TruStageTM ZoneChoice Annuity (the “Financial Product”). The Financial Product is not sponsored, endorsed, sold or promoted by Dimensional, and Dimensional makes no representation regarding the advisability of investing in such Financial Product. Dimensional has no responsibilities, obligations or duties to purchasers of the Financial Product, nor does Dimensional make any express or implied warranties, including, but not limited to, any warranties of merchantability or fitness for a particular purpose or use with respect to the Index. Dimensional does not guarantee the accuracy, timeliness or completeness of the Index, or any data included therein or the calculation thereof or any communications with respect thereto. Dimensional has no liability for any errors, omissions or interruptions of the Index or in connection with its use. In no event shall Dimensional have any liability of whatever nature for any losses, damages, costs, claims and expenses (including any special, punitive, direct, indirect or consequential damages (including lost profits)) arising out of matters relating to the use of the Index, even if notified of the possibility of such damages. Dimensional has provided CMFG Life with all material information related to the Index methodology and the maintenance, operation and calculation of the Index. Dimensional makes no representation with respect to the completeness of information related to the Index provided by CMFG Life in connection with the offer or sale of any Financial Product. Dimensional has not published or approved this document, nor does Dimensional accept any responsibility for its contents or use.
