Kemper insurance products, a division of Kemper Distributors Inc., Chicago, has added eight investment portfolios to its two Kemper Gateway Annuities products.
The Kemper Gateway Elite and Kemper Gateway Custom annuities now offer 24 variable investment subaccounts. The products also offer nine guarantee- period accounts and a fixed account.
The new portfolios are managed by Scudder Kemper Investments Inc. and subadviser David Dreman of Dreman Value Management LLC.
The two annuities, which are tax-deferred, variable, fixed, and market- value-adjusted, are issued by Allmerica Financial, Worcester, Mass.
As part of the changes the Kemper Value Portfolio subaccount has been renamed Kemper Contrarian Value Portfolio to better reflect its investment objectives, the company said.