These investment options seek maximum capital appreciation, primarily by means of investing in small capitalization companies, generally less than $1.5 billion market value. Investments in these types of companies include considerable risk and volatility and may be more volatile than large cap or more established companies’ securities.

Money Manager Investment Option

AZL Small Cap Stock Index Fund


AZL Federated Clover Small Value Fund


Lazard Retirement U.S. Small Mid Cap Equity


AZL Oppenheimer Discovery Fund

Guarantees are backed by the financial strength and claims-paying ability of the issuing company. Variable annuity guarantees do not apply to the performance of the variable subaccounts, which will fluctuate with market conditions.

Products are issued by Allianz Life Insurance Company of New York, One Chase Manhattan Plaza, 38th Floor, New York, NY 10005-1423. Variable products are distributed by its affiliate, Allianz Life Financial Services, LLC, member FINRA, 5701 Golden Hills Drive, Minneapolis, MN 55416-1297.

Product and features are available only in New York and may vary by broker/dealer.

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