Our Investment Approach
Pacific Life Fund Advisors LLC (PLFA) applies an investment approach using three fundamental disciplines: asset allocation, manager research, and investment risk management. Using these disciplines, PLFA determines each Portfolio Optimization Portfolio’s overall asset allocation strategy and the appropriate underlying funds.
Experienced Portfolio Management
Established in 2007, PLFA provides multi-asset class solutions through its Asset Allocation, Manager Research, and Investment Risk Management groups. PLFA is an SEC-registered investment adviser and a wholly owned subsidiary of Pacific Life Insurance Company (Pacific Life). The underlying funds in the Portfolio Optimization Portfolios are managed by some of the most well-recognized management firms in the industry. All management firms may not be represented in all Portfolio Optimization Portfolios.
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Howard T. Hirakawa, CFA®
Portfolio Manager
since inception
Industry since 1994
Portfolio Manager
since inception
Industry since 1994 -
Carelton J. Muench, CFA®
Portfolio Manager
since inception
Industry since 1998
Portfolio Manager
since inception
Industry since 1998 -
Samuel S. Park
Portfolio Manager
since 2013
Industry since 1999
Portfolio Manager
since 2013
Industry since 1999 -
Edward Sheng
Portfolio Manager
since 2021
Industry since 2013
Portfolio Manager
since 2021
Industry since 2013 -
Jordan Fettman, CFA®
Portfolio Manager
since 2023
Industry since 2007
Asset Allocation
PLFA develops an asset class model for each fund that reflects a risk/return profile consistent with the fund's investment goal. The model defines asset classes, and the percentage of each, to include in the fund. PLFA may adjust these allocations at any time based on its views of market conditions, its outlook for various asset classes or other factors that it determines are relevant in its investment discretion.
Manager Research
Underlying fund managers are evaluated and monitored using quantitative and qualitative methods to seek to ensure that each of their investment styles and strategies are appropriate for an underlying fund investment. The team evaluates factors such as portfolio manager tenure, relative performance, firm stability, performance repeatability, and investment style adherence.
Investment Risk Management
The team is responsible for creating a mix of funds to optimally express their investment views and seek to achieve each Fund’s risk/return objectives without taking on unintended and unnecessary risks. Rigorous analytics and stress testing are performed to identify, monitor, and evaluate fund risks and, if necessary, adjust allocations accordingly.
Getting Started
If you’ve decided that a Pacific Life variable annuity is right for you, the next decision is how to allocate your investment options. With the help of your financial professional, you can choose the Portfolio Optimization Portfolio that best fits your retirement goals.
Pacific Life Fund Advisors LLC (PLFA), a wholly owned subsidiary of Pacific Life Insurance Company, is the investment advisor to the Portfolio Optimization portfolios and is responsible for determining the asset allocation mix for each portfolio.
All individuals selling this product must be licensed insurance agents.
You should carefully consider a variable annuity’s risks, charges, limitations, and expenses, as well as the risks, charges, expenses, and investment goals of the underlying investment options. This and other information about Pacific Life are provided in the product and underlying fund prospectuses. These prospectuses are available from your financial professional or at PacificLife.com. Read them carefully before investing.
-No bank guarantee-Not a deposit-May lose value-Not FDIC/NCUA Insured-Not insured by any federal government agency
Pacific Life refers to Pacific Life Insurance Company and its subsidiary Pacific Life & Annuity Company. Insurance products can be issued in all states, except New York, by Pacific Life Insurance Company and in all states by Pacific Life & Annuity Company. Product/material availability and features may vary by state. Each insurance company is solely responsible for the financial obligations accruing under the products it issues.
Insurance products and their guarantees, including optional benefits[, annuity payout rates,] and any crediting rates, are backed by the financial strength and claims-paying ability of the issuing insurance company, but they do not protect the value of the variable investment options. Look to the strength of the insurance company with regard to such guarantees because these guarantees are not backed by the independent broker/dealers, insurance agencies, or their affiliates from which products are purchased. Neither these entities nor their representatives make any representation or assurance regarding the claims-paying ability of the issuing company.
Variable insurance products are distributed by Pacific Select Distributors, LLC (member FINRA & SIPC), a subsidiary of Pacific Life Insurance Company and an affiliate of Pacific Life & Annuity Company.
The home office for Pacific Life & Annuity Company is located in Phoenix, Arizona. The home office for Pacific Life Insurance Company is located in Omaha, Nebraska.
Pacific Life Insurance Company
Pacific Life & Annuity Company
25-351
VAC2668-0925