# Managed Risk Asset Allocation Fund

Managed Risk Asset Allocation Fund is a registered fund series of AMERICAN FUNDS INSURANCE SERIES (series S000038240). Net assets $1.4B as of 2026-03-31.

## Profile

- Series ID: S000038240
- Registrant: AMERICAN FUNDS INSURANCE SERIES
- LEI: 78VVYRBA0FQOBXGQHN85
- Net assets: $1.4B
- Total assets: $1.4B
- As of: 2026-03-31
- Type: Fund of funds

## Advisers

- [Capital Research and Management Company (Advisor)](https://search.stillhousedata.com/firm/110885)

## Top holdings (16 reported)

_Showing 15 of 16 holdings by value._

| Holding | Ticker | Value | % of fund |
| --- | --- | --- | --- |
| [AMERICAN FUNDS INSURANCE SERIES - ASSET ALLOCATION FUND](https://search.stillhousedata.com/security/030372601) | VAAAL1V | $1.3B | 9509.09% |
| State Street Institutional U.S. Government Money Market Fund - Premier Class | — | $64.7M | 466.41% |
| SPX US 09/18/26 P4750 | SPX 9 P4750 | $1.2M | 8.38% |
| SPX US 06/18/26 P4700 | SPX 6 P4700 | $657K | 4.74% |
| SPX US 06/18/26 P4825 | SPX 6 P4825 | $131K | 0.94% |
| SPX US 06/18/26 P4650 | SPX 6 P4650 | $82K | 0.59% |
| SPX US 09/18/26 P4850 | SPX 9 P4850 | $57K | 0.41% |
| SPX US 06/18/26 P4750 | SPX 6 P4750 | $41K | 0.29% |
| BP CURRENCY FUT JUN26 | BPM6 | $-1K | -0.01% |
| FTSE 100 IDX FUT JUN26 | Z M6 | $-5K | -0.04% |
| E-MINI RUSS 2000 JUN26 | RTYM6 | $-7K | -0.05% |
| EURO FX CURR FUT JUN26 | ECM6 | $-10K | -0.08% |
| EURO STOXX 50 JUN26 | VGM6 | $-28K | -0.20% |
| MSCI EMGMKT JUN26 | MESM6 | $-119K | -0.86% |
| S&P MID 400 EMINI JUN26 | FAM6 | $-181K | -1.31% |

## Net asset history

| Report date | Net assets |
| --- | --- |
| 2026-03-31 | $1.4B |
| 2025-12-31 | $1.5B |
| 2025-09-30 | $2.0B |
| 2025-06-30 | $2.0B |
| 2025-03-31 | $1.9B |
| 2024-12-31 | $2.0B |
| 2024-09-30 | $2.1B |
| 2024-06-30 | $2.1B |

## More

- [Registrant: AMERICAN FUNDS INSURANCE SERIES](https://search.stillhousedata.com/registrant/729528)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/fund/S000038240.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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Source: public SEC filing data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.