The Pennsylvania-based insurer has launched a registered index-linked annuity (Rila) linked to an actively managed exchange-traded fund (ETF), in a first for the US market.

Lincoln Level Advantage 2 (LLA2) is designed to bring investors more protection and growth building on the six-year-old first generation LLA, which has amassed US$942m sales for the first quarter of the year and US$4.3 billion for 2023.  The Capital Group Global Growth Equity ETF and the Capital Group Growth ETF are made available for LLA2’s index accounts, marking the first Rilas tracking actively managed ETFs in the US, according to Lincoln Financial Group, the marketing name for t

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