AUL is adding life-cycle funds to its line-up
AUL is adding life-cycle funds to its line-up
Indianapolis -- March 22, 2005
Continuing its commitment to offer a broad range of fund types to meet the diverse needs of retirement plan sponsors and their participants, American United Life Insurance Company® (AUL), a OneAmerica® company, is pleased to announce the immediate availability of 12 new life-cycle investment options.
"We were looking for life-cycle fund families that provide an added dimension to AUL's investment option lineup. These funds provide the best multi-managing investment approach solution available for our clients," says Bill Yoerger, Vice President of AUL Retirement Services. "Unlike lifestyle funds, which target a single, constant level of risk tolerance, life-cycle funds take the uncertainty out of asset allocation by allowing participants to choose a single investment option that matches their age and retirement date."
AUL teamed with Fidelity Investments and Russell Investment Group to add these new investment options to our platform. The life-cycle funds are designed for investors who plan to retire close to the target year indicated in the fund name. Each fund is designed to provide the investor with an asset allocation that automatically changes over time as the individual's investment horizon changes.
AUL is an experienced provider of retirement plan products and services to the small and mid-sized employer market. AUL and its predecessor companies have provided financial services for more than 125 years. Our retirement products were introduced in 1963 and today AUL provides products and services to more than 12,000 active retirement plans with nearly half a million participants and more than $7 billion in retirement plan assets. For more information regarding AUL's new investment options, please contact AUL's Investment Department at 317-285-1122. Please visit us on the web at American United Life Insurance Company
