National Life has launched UltraFlex II, a variable annuity product featuring 35 new segregated funds.

The new segregated funds cover a wide range of sectors and are managed by top rated advisors including AGF, C.I. Funds, Dynamic, Fidelity and Franklin Templeton. They include income, diversified , Canadian equity, U.S. and international equity, and specialty funds.

National Life’s funds offer a 100% guarantee for most funds, excluding the Specialty Funds, which offer a 75% guarantee.

“UltraFlex II’s new line up of segregated funds has been carefully selected to represent the ‘best of class’ of the thousands of funds available in the Canadian marketplace. The funds cover all major asset classes, geographic regions, industry sectors and management styles,” notes Brenda Moore, director of marketing, retirement and investment products.