Corebridge Financial introduces Dimensional US Foundations Index

HOUSTON – November 17, 2022 – Corebridge Financial today announced the introduction of the Dimensional US Foundations Index, an index created by Dimensional Fund Advisors for use exclusively in The Power Series of Index Annuities, Corebridge’s family of fixed index annuities.

Dimensional Fund Advisors, a leading global asset management firm, applies a scientific rigor to investment solutions by drawing upon decades of academic and empirical research from some of the world’s foremost economists, including Nobel laureate Robert Merton. The Dimensional US Foundations Index will be distributed through Market Synergy Group (MSG), one of the nation’s largest networks of independent marketing organizations.

“Our distribution partners count on Corebridge Financial to be at their side, inspiring action to move financial futures forward,” said Bryan Pinsky, President, Individual Retirement, Corebridge Financial. “We are excited to work with Dimensional Fund Advisors and Market Synergy Group to bring our partners and their clients a dynamic index built on innovative volatility metrics and prize-winning financial science.”

“We are pleased to introduce Dimensional’s systematic, research-driven approach to fixed index annuities,” said Carlo Venes, Co-Head of Global Client Group & VP at Dimensional Fund Advisors. “For decades, Dimensional has supported a range of investment solutions that help financial professionals plan, meet and advance retirees’ portfolio goals. The new Dimensional US Foundations Index furthers our commitment to designing research-based solutions to solve for retirement savers’ complex range of financial needs.”

The Dimensional US Foundations Index emphasizes diversified exposure to small-cap, value and high profitability stocks to pursue higher expected returns than the overall market. The Index also evaluates price changes in commodity futures and targets widening yield spreads in US Treasury bonds to help generate higher growth potential while maintaining a targeted level of volatility. Dimensional combines its research-driven approach with historical data from Salt Financial’s truVol® Risk Control Engine, a patent-pending tool that captures higher-frequency, intraday data to adapt more quickly to changing trends across equities, fixed income and commodities.

“Our financial professionals have relied for many years on The Power Series of Index Annuities to help clients save more for retirement while protecting assets and income from market downturns,” said Lance Sparks, President, Market Synergy Group. “The Dimensional US Foundations Index is the next step forward, leveraging a sophisticated, systematic approach to create more choice and flexibility in diversifying portfolios.”

The Power Series of Index Annuities are issued by American General Life Insurance Company (AGL), a subsidiary of Corebridge Financial, Inc., formerly known as AIG Life & Retirement. These annuities offer tax deferral, principal protection against down markets, growth potential through a diverse range of index interest accounts, and guaranteed lifetime income options to help consumers prepare for retirement. Guarantees are backed by the claims-paying ability of AGL. Additional information about The Power Series of Index Annuities can be found on corebridgefinancial.com.