With the launch of the Life Pro+ Elite, Allianz has included the Pimco Tactical Balance as a crediting strategy. We have had the Pimco Index available for several years on the annuity side and are excited to offer it on the IUL side as well!
The Pimco Tactical Balance is a volatility controlled index that has two main components, the S&P 500 and the Pimco Synthetic Bond Index. Based off market volatility the Pimco will be weighted either bonds or equities. There are two unique features the Pimco offers:
-The bond index can be adjusted either short term or long term duration depending on the interest rate environment.
-And a third potential component, a cash component. In highly volatile markets the index can allocate to cash. The cash component of the Pimco looks to provide some return even in volatile bond or equity markets.