Initiative aligns retail mutual fund family more closely with AIG
NEW YORK--(BUSINESS WIRE)--Jan. 11, 2017--
American International Group, Inc. (NYSE:AIG) today announced the
rebranding of its retail mutual fund family to AIG Funds from SunAmerica
Mutual Funds, effective February 28, 2017.
By rebranding its retail mutual fund family, AIG is able to provide
financial professionals and consumers diversified investment and income
products under a single brand.
“We are committed to creating a leaner, more profitable and focused
insurer,” said Kevin Hogan, Executive Vice President and Chief Executive
Officer of AIG’s Consumer Insurance. “By aligning the SunAmerica brand
more closely with AIG, we are able to leverage the strength and scale to
build greater awareness and visibility among our core audience of
financial professionals and consumers.”
The name and logo under which the retail mutual funds are marketed is
being transitioned to the AIG brand. Each fund series, or registrant,
will retain “SunAmerica” in its name. There will be no change to the
retail mutual funds’ adviser (SunAmerica Asset Management, LLC) or to
the funds’ investment goals or strategies, portfolio managers, ticker
symbols or CUSIPs in connection with the transition. In addition to the
product rebranding, a new website will be available on February 28, 2017
Effective February 28, 2017, the funds will be named:
SunAmerica Series, Inc.
AIG Focused Dividend Strategy Fund
AIG Active Allocation Fund
AIG Multi-Asset Allocation Fund
AIG Select Dividend Growth Fund
AIG Strategic Value Fund
SunAmerica Equity Funds
AIG International Dividend Strategy Fund
AIG Japan Fund
SunAmerica Income Funds
AIG Flexible Credit Fund
AIG Strategic Bond Fund
AIG U.S. Government Securities Fund
SunAmerica Money Market Funds, Inc.
AIG Government Money Market Fund
SunAmerica Senior Floating Rate Fund, Inc.
AIG Senior Floating Rate Fund
SunAmerica Specialty Series
AIG Commodity Strategy Fund
AIG Global Trends Fund
AIG Focused Multi-Cap Growth Fund
AIG Focused Alpha Large-Cap Fund
AIG Income Explorer Fund
AIG Small-Cap Fund
During this process, the SunAmerica Focused Alpha Growth Fund will be
renamed the AIG Focused Multi-Cap Growth Fund. The 2020 High Watermark
Fund will not change its name.
Funds are distributed by AIG Capital Services, Inc. (ACS), a FINRA
More information can be found at www.safunds.com.
Mutual funds are subject to risk including market risk as well as
additional risks, which vary depending on the type of fund. The
investment return and principal value of an investment will fluctuate so
that an investor’s shares, when redeemed, may be higher or lower than
the original cost.
Investors should carefully consider a Fund’s investment objectives,
risks, charges and expenses before investing. The prospectus, containing
this and other important information, can be obtained from your
financial adviser, or by calling the Sales Desk at 800-858-8850, ext.
6003. Read the prospectus carefully before investing.
American International Group, Inc. (AIG) is a leading global insurance
organization. Founded in 1919, today AIG member companies provide a wide
range of property casualty insurance, life insurance, retirement
products and other financial services to customers in more than 100
countries and jurisdictions. These diverse offerings include products
and services that help businesses and individuals protect their assets,
manage risks and provide for retirement security. AIG common stock is
listed on the New York Stock Exchange and the Tokyo Stock Exchange.
Additional information about AIG can be found at www.aig.com
| YouTube: www.youtube.com/aig
| Twitter: @AIGinsurance
| LinkedIn: www.linkedin.com/company/aig.
These references with additional information about AIG have been
provided as a convenience, and the information contained on such
websites is not incorporated by reference into this press release.
AIG is the marketing name for the worldwide property-casualty, life and
retirement, and general insurance operations of American International
Group, Inc. For additional information, please visit our website at www.aig.com.
All products and services are written or provided by subsidiaries or
affiliates of American International Group, Inc. Products or services
may not be available in all countries, and coverage is subject to actual
policy language. Non-insurance products and services may be provided by
independent third parties. Certain property-casualty coverages may be
provided by a surplus lines insurer. Surplus lines insurers do not
generally participate in state guaranty funds, and insureds are
therefore not protected by such funds.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170111005370/en/
Source: American International Group, Inc.
American International Group, Inc.