ING Annuities Introduces ING American Funds
- ING American Funds Growth Portfolio - ING American Funds Growth-Income Portfolio - ING American Funds International Portfolio
PRNewswire-FirstCall
WEST CHESTER, Pa.
Sep 3, 2003
Effective September 2, 2003 -- ING is offering investment options from the American Funds Insurance Series within ING's variable annuity product line. The three new ING American Funds further round out the ING variable annuities product line offerings to better serve advisors and their clients in creating a diversified portfolio intended to meet most investment objectives.
ING GoldenSelect and ING SmartDesign, ING's variable annuity product lines, both offer the following new options:
- ING American Funds Growth Portfolio - ING American Funds Growth-Income Portfolio - ING American Funds International Portfolio
"We are pleased to continue to enhance ING GoldenSelect and ING SmartDesign," said Jim McInnis, President of ING Wholesale Distribution. "The ING variable annuity product lines are benefit rich with cutting edge protection for retirement assets."
McInnis continued, "For the first time, we are bringing together ING -- one of the leading variable annuity providers, with the American Funds Insurance Series, among the largest fund companies in the U.S. These new ING American Funds are another example of ING Annuities delivering more options and more possibilities." The American Funds Insurance Series sub-accounts are managed by Capital Research and Management Company.
Peter Doran, Executive Vice President, American Funds Distributors. "We are pleased to be working with ING to bring individuals more investment options. These three new options will help ING's variable annuity investors create a well rounded portfolio."
For more complete information about Golden American Insurance Company and its products, including charges, expenses, and risks, you may obtain a prospectus by calling our customer service number at 800-366-0066. Read it carefully before you invest. ING variable annuities are flexible premium deferred combination variable and fixed annuities available in most states and sold by prospectus only. ING variable annuities are issued by Golden American Life Insurance Company and distributed by Directed Services, Inc., member NASD. Variable annuities are long-term investment vehicles designed for retirement purposes and are subject to market fluctuation, investment risk, and possible loss of principal. Past performance is no guarantee of future results.
For more information about the American Funds Insurance Series, including risks, charges and expenses, please obtain a prospectus from your financial adviser and please read it carefully before investing or sending money.
About ING
ING Annuities and Golden American Insurance Company are part of ING Groep N.V. ING Groep N.V. ING Groep N.V. (NYSE: ING) is one of the largest integrated financial services companies in the world, providing insurance, banking, and asset management products. The company strives to provide an innovative, client-focused approach to its financial products and services through strategic global distribution channels. In the United States, ING offers a comprehensive array of financial services to retail and institutional clients which include retirement plans, mutual funds, managed accounts, alternative investments, direct banking, institutional investment management, annuities, life insurance, employee benefits, financial planning, and reinsurance. Currently, ING holds top-tier rankings in key U.S. markets and serves over 14 million customers across the nation. Globally, ING serves over 65 million private, corporate, and institutional clients throughout 60 countries. For more information, visit ' www.ing.com '.
About American Funds Insurance Series
The American Funds Insurance Series has the same investment manager as the American Funds. American Funds' investment manager has more than 70 years of experience relying on an unparalleled global research effort to find good opportunities and investing with a long-term view. These three new investment options have some of the longest track records in the variable annuity business.
Media Inquiries: Cindy Schaus Phil Margolis ING U.S. Financial Services ING U.S. Financial Services 515-698-7607 860-723-4783 cindy.schaus@us.ing.com margolisp@ing-afs.com
SOURCE: ING U.S. Financial Services
CONTACT: Media Inquiries, Cindy Schaus, +1-515-698-7607, or
cindy.schaus@us.ing.com, or Phil Margolis, +1-860-723-4783, or
margolisp@ing-afs.com, both of ING U.S. Financial Services