Initiative aligns retail mutual fund family more closely with AIG
NEW YORK, NY – January 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 at www.aig.com/funds.
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 Member.
More information can be found at www.safunds.com.