Mutual of America Adds Four Investment Funds
NEW YORK, Aug. 6, 2013 /PRNewswire/ -- Mutual of America has expanded its Separate Account investment fund offerings by adding the following four funds to its diversified array of investment options available through its group and individual variable annuities:
- Vanguard Variable Insurance Fund REIT Index Portfolio
- American Funds Insurance Series New World Fund®
- PIMCO Variable Insurance Trust Real Return Institutional Portfolio
- T. Rowe Price Blue Chip Growth Fund
These funds complement the existing investment funds by providing access to more investment strategies (e.g., real estate, inflation protection, emerging market equity) and several different investment managers (e.g., PIMCO, T. Rowe Price, American Funds).
"The addition of these funds, from quality investment management firms with strong portfolio management teams, is the result of our careful review and rigorous selection process," said William Rose, Senior Executive Vice President and Chief Marketing Officer, Mutual of America. "We believe our diverse choice of carefully selected investment funds is appropriate for consideration by customers at all levels of investment sophistication as they seek to achieve their financial goals for a secure retirement."
Complete information about these funds, including each fund's objective, strategy, risks, fees, expenses, performance, annual returns, and portfolio manager(s), is available in the May 1, 2013, contract prospectus or brochure and Underlying Funds prospectuses, which can be obtained by calling 1-800-468-3785 or visiting mutualofamerica.com.
About Mutual of America
Mutual of America specializes in providing retirement products and services to organizations and their employees, as well as to individuals. Since 1945, Mutual of America has remained committed to offering carefully selected, quality products and services at a competitive price and the personal attention needed to help build and preserve assets for a financially secure future. For more information, visit mutualofamerica.com.
Before investing in our variable annuity contracts, you should consider the investment objectives, risks, charges and expenses (a contract fee, Separate Account expenses and Underlying Funds expenses) carefully. This and other information is contained in the contract prospectus or brochure and Underlying Funds prospectuses. Please read the prospectuses and brochure carefully before investing. The prospectuses and brochure can be obtained by mail or by calling 1-800-468-3785.
Mutual of America's group and individual retirement products are variable annuity contracts and are suitable for long-term investing, particularly for retirement savings. The value of a variable annuity contract will fluctuate depending on the performance of the Separate Account investment funds you choose. Upon redemption, you could receive more or less than the principal amount invested.
SOURCE Mutual of America