The multi-asset suite with intraday volatility control and varying weighting methods is exclusively licensed to AuguStar for its fixed index annuity (FIA).
The three indices have been added to AuguStar Life Insurance Co. (Augusta)’s OrionShield FIA series along with the S&P MARC 5 Index, the insurance carrier announced on 15 April. The new suite comprises the Multi-Asset Dynamic Managed 5 (MQIMDM05), US Multi-Asset Diversified 5 (MQIMUD05) and US Multi-Asset Risk Managed 5 (MQIMRM05), along with the S&P MARC 5 Index. This marks the first direct mandate with an insurance carrier for MerQube, according to Ian Merrill