Our investment offerings

Supporting the needs of insurers since 1984


What distinguishes the American Funds Insurance Series®

Key characteristics of the AFIS funds.

American Funds Insurance Series® Portfolio Series

Designed to help investors build retirement savings, plan for retirement distributions and preserve long-term assets.

American Funds® Managed Risk Growth Portfolio

American Funds® Managed Risk Growth and Income Portfolio

American Funds® Managed Risk Global Allocation Portfolio

American Funds® Global Growth Portfolio

American Funds® Growth and Income Portfolio

American Funds Insurance Series® Managed Risk Funds

Each of our managed risk funds provides investors with a diversified portfolio combined with a dynamic risk management strategy.

Managed Risk Growth Fund

Managed Risk International Fund

Managed Risk Growth-Income Fund

Managed Risk Washington Mutual Investors Fund

Managed Risk Asset Allocation Fund

More insights and funds

As the largest third-party variable annuity asset manager,** Capital Group, home of American Funds, has provided investment solutions to insurance providers since 1984.

Source: Morningstar, based on 2022 target date net inflows (mutual funds and CITs).

** Source: ISS Market Intelligence Simfund VA, as of 3/31/23

Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing.
Statements attributed to an individual represent the opinions of that individual as of the date published and do not necessarily reflect the opinions of Capital Group or its affiliates. This information is intended to highlight issues and should not be considered advice, an endorsement or a recommendation.
All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.
Use of this website is intended for U.S. residents only. Use of this website and materials is also subject to approval by your home office.
American Funds Insurance Series serves as an underlying investment option for multiple insurance products, including variable annuity contracts and variable life insurance policies. Availability of funds will vary based on the insurance contract offered.
American Funds Distributors, Inc.
This content, developed by Capital Group, home of American Funds, should not be used as a primary basis for investment decisions and is not intended to serve as impartial investment or fiduciary advice.

Variable annuities may impose a variety of fees that may affect the growth of your client's portfolio. Variable annuities have investment and/or withdrawal limitation requirements. Early withdrawals may incur a fee. Guarantees are subject to the claims-paying ability of the issuing insurance company.