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The DFA funds added to the eligible assets of RetireOne Transamerica include DFA Large-Cap Value (DFUVX), DFA U.S. Small-Cap Value (DFSVX), DFA International Value (DFVIX), DFA Emerging Markets Value (DFEVX) and DFA Emerging Markets Core (DFCEX). There are currently 27 DFA funds available for use with RetireOne Transamerica, which is an investment vehicle that allows advisers to purchase DFA mutual funds for clients and add an income guarantee.
The income guarantee is based on the claims-paying ability of Transamerica Advisors Life Insurance Co.
Aria’s RetireOne Transamerica’s retirement income product allows RIAs to:
- Wrap a low-cost income guarantee around an open architecture portfolio of mutual funds and exchange-traded funds (ETFs) managed by advisers;
- Eliminate the commissions and surrender charges associated with other lifetime income products; and
- Provide open access to more than 125 mutual funds and ETFs from several fund families, including American Funds, iShares, PIMCO, Vanguard and DFA.
“We are pleased to expand the universe of eligible mutual funds and ETFs that advisers can use with RetireOne to wrap an income guarantee around a portfolio of assets that they actively manage,” said David Stone, chief executive officer of Aria Retirement Solutions. “We will continue to build out our lineup of RIA-preferred funds to help advisers provide their clients with low-cost access to guaranteed income products.”
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