Nationwide and Annexus have launched the first FIA with a strategy linked to an actively managed mutual fund.

Goldman Sachs has introduced a new index strategy within Nationwide’s New Heights Select fixed indexed annuity (FIA) suite, combining Capital Group’s American Funds Growth Fund of America with a dynamic risk-management overlay. Clients are gravitating toward mutual fund-linked options -  Stacey LaiFook, Nationwide The GS American Funds GFA 15% Index uses the actively managed mutual fund as its underlying reference and applies a systematic allocation mechanism designed to adj