NEW INVESTMENT PROGRAM NOW AVAILABLE AT KEMPER
NEW INVESTMENT PROGRAM NOW AVAILABLE AT KEMPER CHICAGO, Nov. 7 /PRNewswire/ -- Kemper Investors Life Insurance Co.
(KILICO) announced today that it has introduced a new program that allows clients to benefit from the time-tested investment strategy known as dollar cost averaging.
The Automatic Capital Transfer program, ACT(SM) as the program is called enables clients to automatically transfer regular amounts each month from a fixed account to any or all of five investment portfolios. ACT program assets are first placed in a fixed rate account, benefiting from guaranteed safety of principal and competitive rates. Clients can then arrange to transfer money to the investment portfolios. The minimum transfer amount is $500. ACT is made available through Kemper ADVANTAGE III, a combination fixed and variable annuity issued by Kemper Investors Life Insurance Co. "Many clients want the high potential returns of the stock market but are concerned about the volatility," said William E. Chapman II, senior vice president of KILICO. "They don't want to risk a loss by investing a large sum at exactly the wrong time -- when market prices are at a high." "Through this new program, dollar cost averaging will increase clients' opportunities for growth while the balance of their funds are guaranteed safe in a fixed rate account," said Chapman. "By investing a fixed amount at regular intervals, dollar cost averaging makes market volatility work in the client's favor, because money is invested a little at a time, not all at once. When market prices are down, an investor's money effectively buys more. When prices are up, the opposite is true. However, purchases already made increase in value." According to Chapman, Kemper's Automatic Capital Transfer program is an ideal investment plan for individuals who have acquired or accumulated a substantial amount of money through lump sum profit sharing or pension distributions, IRA rollovers, inheritances, tax refunds, proceeds from the sale of a property or business. The program provides investors with an opportunity to diversify among a selection of conservative to aggressive portfolios, all within a single tax-advantaged plan. KILICO, a legal reserve life insurance company with over $6 billion in assets, is part of Kemper Corp. (NYSE: KEM), a non-operating holding company with major subsidiaries in property casualty insurance, life insurance, reinsurance and investment services. KILICO's assets are managed by its sister company, Kemper Financial Services Inc. KILICO enjoys an "A" (excellent) rating from A.M. Best Co. and an "A2" (good) rating from Moody's Investors Services. NOTE: Principal value and investment return will fluctuate so that value when redeemed may be worth more or less than the original cost. Also, a program of regular investment cannot assure a profit nor protect against a loss in a declining market and, since such a program involves continuous investment regardless of fluctuating share values, investors should consider their financial ability to continue the programs through low price levels. -0- 11/7/91 /CONTACT: Margaret Rozen, 312-845-1801, or Steve Radis, 312-917-8393, both of Kemper Financial Services/ (KEM) CO: Kemper Investors Life Insurance Co. ST: Illinois IN: INS SU: PDT TS -- NY058 -- 2227 11/07/91 12:31 EST
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|Date:||Nov 7, 1991|
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