Allianz Life Insurance Company of North America (Allianz
Life) today announced that the exclusive Barclays
US Dynamic Balance Index agreement with Barclays, which began in
August 2013, will extend through 2020. This includes offering the index
on Allianz Life Fixed Index Annuity (FIA) and Fixed Index Universal Life
(FIUL) products. The Barclays US Dynamic Balance Index provides balance
by shifting weight daily between the S&P 500®Index and
the Barclays U.S. Aggregate Bond Index based on realized market
"The inclusion of the Barclays US Dynamic Balance Index gives our
products a powerful combination for consumers looking for protection
with accumulation potential based on the performance of an external
index," said Tom Burns. "We believe the remarkable success of this index
reflects Americans' appetite for growth potential with a level of
protection against the effects of volatile markets like the 2008
Since late 2013, the Barclays US Dynamic Balance Index has been added to
several index allocation options available on Allianz Life FIA and FIUL
The Barclays US Dynamic Balance Index can be an option to have interest
growth potential in a low rate, low cap environment, adds Burns. The
index shifts weight daily between the S&P 500® Index and
the Barclays U.S. Aggregate Bond Index. Generally, when the S&P 500
Index volatility is low, the weighting shifts toward the S&P 500 Index.
On the other hand, when volatility is high, the balance shifts more
towards the Barclays bond index. This daily rebalancing helps manage
index volatility and allows Allianz Life to offer results for the
customer in the form of upside potential. Currently, FIA index
allocations using the Barclays US Dynamic Balance Index apply a spread,
and Life Pro+ index allocations apply a participation rate.
The Barclays US Dynamic Balance Index is one of several index
allocation options offered on Allianz Life products./b>
No single index allocation option will be most effective in all
Although an external index may affect your interest credited, the
contract does not directly participate in any equity or fixed income
investments. You are not buying shares in an index.
Annuities are designed to meet long-term needs for retirement income.
They provide guarantees against the loss of principal and credited
interest, and the reassurance of a death benefit for beneficiaries.
Guarantees are backed by the financial strength and claims-paying
ability of Allianz Life Insurance Company of North America.
P54350, C54370, C52575 are issued by Allianz Life Insurance Company
of North America, 5701 Golden Hills Drive, Minneapolis, MN 55416-1297.
Product and feature availability may vary by state.
The Barclays U.S. Aggregate Bond Index is comprised of U.S.
investment-grade, fixed-rate bond market securities, including
government agency, corporate, and mortgage-backed securities. The
Barclays US Dynamic Balance Index is comprised of the Barclays U.S.
Aggregate Bond Index and the S&P 500® and
shifts weighting daily between them based on realized market volatility.
Allianz products are not sponsored, endorsed, sold, or promoted by
Barclays Risk Analytics and Index Solutions Limited ("Barclays") or its
affiliates. None of Barclays or its affiliates makes any representation
or warranty, express or implied, to the owners of Allianz products or
any member of the public regarding the advisability of investing in
securities generally or in Allianz products particularly or the ability
of the Barclays Indices, including without limitation, the Barclays U.S.
Aggregate Bond Index and Barclays US Dynamic Balance Index, to track
general bond market performance. Barclays' or its affiliates' only
relationship to Allianz Life Insurance Company of North America and its
affiliates ("Allianz") is the licensing of the Barclays U.S. Aggregate
Bond Index and Barclays US Dynamic Balance Index which is determined,
composed, and calculated by Barclays or its affiliates without regard to
Allianz or Allianz products. None of Barclays or its affiliates has any
obligation to take the needs of Allianz or the owners of Allianz
products into consideration in determining, composing or calculating the
Barclays U.S. Aggregate Bond Index and Barclays US Dynamic Balance
Index. None of Barclays or its affiliates is responsible for or has
participated in the determination of the timing of, prices of, or
quantities of Allianz products to be issued or in the determination or
calculation of the equation by which Allianz products are to be
converted into cash. None of Barclays or its affiliates has any
obligation or liability in connection with the administration,
marketing, or trading of Allianz products.
NONE OF BARCLAYS OR ITS AFFILIATES GUARANTEES THE QUALITY, ACCURACY
AND/OR THE COMPLETENESS OF THE BARCLAYS INDICES, OR ANY DATA INCLUDED
THEREIN, OR OTHERWISE OBTAINED BY ALLIANZ, OWNERS OF ALLIANZ PRODUCTS,
OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE BARCLAYS INDICES,
INCLUDING WITHOUT LIMITATION, THE BARCLAYS U.S. AGGREGATE BOND INDEX AND
BARCLAYS US DYNAMIC BALANCE INDEX, IN CONNECTION WITH THE RIGHTS
LICENSED HEREUNDER OR FOR ANY OTHER USE. NONE OF BARCLAYS OR ITS
AFFILIATES MAKES ANY EXPRESS OR IMPLIED WARRANTIES, AND BARCLAYS AND ITS
AFFILIATES HEREBY EXPRESSLY DISCLAIM ALL WARRANTIES OF MERCHANTABILITY
OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO THE BARCLAYS
INDICES, INCLUDING WITHOUT LIMITATION, THE BARCLAYS U.S. AGGREGATE BOND
INDEX AND BARCLAYS US DYNAMIC BALANCE INDEX, OR ANY DATA INCLUDED
THEREIN. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL
BARCLAYS OR ANY OF ITS AFFILIATES HAVE ANY LIABILITY FOR ANY SPECIAL,
PUNITIVE, INDIRECT, OR CONSEQUENTIAL DAMAGES (INCLUDING LOST PROFITS),
EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.
S&P® is a registered trademark of Standard & Poor's
Financial Services LLC ("S&P") and Dow Jones® is a
registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones").
These trademarks have been licensed for use by S&P Dow Jones Indices
LLC. S&P marks are trademarks of S&P and Dow Jones marks are trademarks
of Dow Jones. These trademarks have been sublicensed for certain
purposes by Allianz Life Insurance Company of North America ("Allianz").
The S&P 500® Index ("the Index") and Dow Jones Industrial
AverageSM ("the DJIA") are products of S&P Dow Jones Indices
LLC and/or its affiliates and have been licensed for use by Allianz.
About Allianz Life
Life Insurance Company of North America, one of FORTUNE's 100 Best
Companies to Work For in 2014, 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 142,000 employees worldwide. More than 78 million
private and corporate customers rely on Allianz knowledge, global reach,
and capital strength to help them make the most of financial
Allianz Life Insurance Company of North America offers insurance and
annuities in all states except New York. In New York, products are
issued by Allianz Life Insurance Company of New York.
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