Nationwide Adds Actively Managed Mutual Fund to Popular FIA Family

September 16, 2026 by Cyril Tuohy

FIAs have grown into one of the industry’s largest annuity product categories, though second-quarter sales dipped 3.6% from a year ago to $30.9 billion, according to Wink Sales & Market Report. Nationwide New Heights Select 9 was the No. 7 best-selling FIA among all sales channels in the second quarter, Wink also reported.

The addition of the Growth Fund of America will make the New Heights Select family the first FIAs to include a strategy linked to an actively managed mutual fund, Nationwide said, citing research by Wink. 

………………………….

Read at Life Annuity Specialist

Originally Posted at Life Annuity Specialist on Sep 9, 2026 by Cyril Tuohy.