04/30/2024 | Press release | Distributed by Public on 04/30/2024 10:26
Issued By:
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Mailing Address:
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Security Benefit Life Insurance Company
One Security Benefit Place
Topeka, Kansas 66636-0001
1-800-888-2461
www.securitybenefit.com
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Security Benefit Life Insurance Company
P.O. Box 750497
Topeka, Kansas 66675-0497
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Page
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Special Terms
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3
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Updated Information About Your Contract
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3
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Important Information You Should Consider About the Contract
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3
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Appendix A - Underlying Funds Available Under the Contract
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A-1
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FEES AND EXPENSES
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Location in Prospectus
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Charges for
Early
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If you withdraw money from your Contract within 7 years following your last
Purchase Payment, you may be assessed a surrender charge of up to 7% (as
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Fee Table
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FEES AND EXPENSES
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Location in Prospectus
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Withdrawals
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a percentage of the portion of the withdrawal amount consisting of Purchase
Payments, including any Bonus Credits paid), declining to 0% in the eighth
year.
For example, if you were to withdraw $100,000 during a surrender charge
period, you would be assessed a charge of up to $7,000.
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Fee Table - Examples
Charges and Deductions
- Contingent Deferred
Sales Charge
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Transaction
Charges
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Other than surrender charges (if any), there are no charges for other
transactions (e.g., transferring money between investment options).
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Not Applicable
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Ongoing Fees
and Expenses
(annual charges)
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The table below describes the current fees and expenses of the Contract that
you may pay each year, depending on the options you choose. Interest on any
Contract loans is not reflected. The fees and expenses do not reflect any
advisory fees paid to financial intermediaries from your Contract Value or other
assets. If such charges were reflected, the fees and expenses would be higher.
Please refer to your Contract specifications page for information about the
specific fees you will pay each year based on the options you have elected.
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Fee Table
Fee Table - Examples
Charges and Deductions
- Mortality and Expense
Risk Charge
Charges and Deductions
- Administration Charge
Charges and Deductions
- Account Adminis-
tration Charge
Charges and Deductions
- Optional Rider Charges
Appendix A - Underlying
Funds Available Under
the Contract
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Annual Fee
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Minimum
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Maximum
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Base Contract1
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0.96%
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1.36%
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Investment options2
(Underlying Fund fees and expenses)
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0.56%
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3.44%
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Optional benefits available for an additional charge3
(for a single optional benefit, if elected)
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0.05%
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0.85%
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1
As a percentage of Contract Value allocated to the Separate Account. This amount
includes the account administration charge and the charge for the Waiver of
Withdrawal Charge Rider - 10 Years or Disability, which is not optional for Contracts
issued after July 1, 2012.
2
As a percentage of Underlying Fund average net assets.
3
As a percentage of Contract Value.
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Because your Contract is customizable, the choices you make affect how much
you will pay. To help you understand the cost of owning your Contract, the
following table shows the lowest and highest cost you could pay each year
based on current charges. This estimate assumes that you do not take
withdrawals from the Contract, which could add surrender charges that
substantially increase costs.
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Lowest Annual Cost: $1,383.00
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Highest Annual Cost: $4,236.30
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Assumes:
•Investment of $100,000
•5% annual appreciation
•Least expensive combination of
Base Contract charge and
Underlying Fund fees and
expenses
•No optional benefits
•No sales charges or advisory fees
•No additional Purchase Payments,
transfers or withdrawals
•No Contract loans
•No Credit Enhancement amounts
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Assumes:
•Investment of $100,000
•5% annual appreciation
•Most expensive combination of Base
Contract charge, optional benefits,
and Underlying Fund fees and
expenses
•No sales charges or advisory fees
•No additional Purchase Payments,
transfers or withdrawals
•No Contract loans
•No Credit Enhancement amounts
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RISKS
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Location in Prospectus
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Risk of Loss
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You can lose money by investing in this Contract, including loss of principal.
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Principal Risks of
Investing in the Contract
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Not a
Short-Term
Investment
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•This Contract is not designed for short-term investing and is not appropriate
for an investor who needs ready access to cash.
•Surrender charges may apply to withdrawals. If you take a withdrawal, a
surrender charge may reduce the value of your Contract or the amount of
money that you actually receive. Withdrawals may also reduce or terminate
Contract guarantees.
•The benefits of tax deferral, long-term income, and living benefit guarantees
mean the Contract is more beneficial to investors with a long time horizon.
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Charges and Deductions
- Contingent Deferred
Sales Charge
The Contract - General
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Risks
Associated with
Investment
Options
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•An investment in this Contract is subject to the risk of poor investment
performance. Performance can vary depending on the performance of the
investment options that you choose under the Contract.
•Each investment option (including the Fixed Account, if available) has its
own unique risks.
•You should review the investment options before making an investment
decision.
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Appendix A - Underlying
Funds Available Under
the Contract
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Insurance
Company Risks
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An investment in the Contract is subject to the risks related to us, Security
Benefit Life Insurance Company. Any obligations (including under the Fixed
Account option), guarantees or benefits of the Contract are subject to our
claims-paying ability. If we experience financial distress, we may not be able to
meet our obligations to you. More information about Security Benefit Life
Insurance Company, including our financial strength ratings, is available upon
request by calling 1-800-888-2461 or visiting www.securitybenefit.com.
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Information About the
Company, the Separate
Account, and the
Underlying Funds -
Security Benefit Life
Insurance Company
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RESTRICTIONS
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Location in Prospectus
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Investments
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•Certain investment options may not be available under your Contract.
•Certain Subaccounts prohibit you from transferring out and back within a
period of calendar days.
•We reserve the right to limit your transfers to 14 in a Contract Year, to
suspend transfers and limit the transfer amounts, and to limit transfers in
circumstances of frequent or large transfers.
•There are certain restrictions on transfers between the Fixed Account and
Subaccounts.
•We reserve the right to add, remove or substitute the Underlying Funds
available as investment options under the Contract.
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The Contract - Transfers
of Contract Value -
Frequent Transfer
Restrictions
The Fixed Account -
Transfers and
Withdrawals from the
Fixed Account
Other Information -
Changes to Investments
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Optional
Benefits
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•Optional benefits are only available at Contract issue. You cannot change or
cancel the benefits that you select after they are issued.
•The optional benefit is not available in every state and is subject to age
restrictions.
•Certain optional benefits previously offered with the Contract are no longer
available for purchase. We reserve the right to stop offering for purchase any
currently available optional benefit at any time.
•Optional benefits may limit or restrict the investment options that you may
select under the Contract. We may change these restrictions in the future.
•We do not have the right to modify or terminate an optional benefit.
Withdrawals, however, may reduce the value of an optional benefit by an
amount greater than the value withdrawn or result in termination of the
benefit.
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Benefits Under the
Contract - Optional
Riders
Appendix B - Riders No
Longer Available -
Available for Purchase
Only Prior to February 1,
2010
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TAXES
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Location in Prospectus
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Tax Implications
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•If you elect to pay third-party advisory fees from your Contract Value, then
the deduction will reduce the death benefits and other guaranteed benefits,
perhaps significantly, and may be subject to federal and state income taxes
and a 10% federal penalty tax.
•Consult with a tax professional to determine the tax implications of an
investment in and payments received under the Contract.
•If you purchased the Contract through a tax-qualified plan or IRA, you do not
get any additional tax benefit under the Contract.
•Earnings on your Contract are taxed at ordinary income tax rates when you
withdraw them, and you may have to pay a penalty if you take a withdrawal
before age 59½.
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The Contract -
Withdrawals to Pay
Advisory Fees
Charges and Deductions
- Deduction of Advisory
Fees
Federal Tax Matters
Federal Tax Matters -
Qualified Plans
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CONFLICTS OF INTEREST
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Location in Prospectus
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Investment
Professional
Compensation
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Your investment professional may receive compensation for selling this
Contract to you, in the form of commissions, additional payments, and
non-cash compensation. We may share the revenue we earn on this Contract
with your investment professional's firm. This conflict of interest may influence
your investment professional to recommend this Contract over another
investment for which the investment professional is not compensated or is
compensated less.
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Other Information - Sale
of the Contract
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Exchanges
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Some investment professionals may have a financial incentive to offer you a
new contract in place of the one you already own. You should only exchange a
contract you already own if you determine, after comparing the features, fees
and risks of both contracts, that it is better for you to purchase the new
contract rather than continue to own your existing contract.
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Additional
Compensation Paid to
Selected Selling
Broker-Dealers
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Investment
Type
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Fund
Adviser/Sub-Adviser
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Current
Expenses1
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Average Annual
Total Returns
(as of 12/31/2023)
|
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1 Year
|
5 Year
|
10 Year
|
|||
Large Cap
Growth
|
Allspring Growth - Class A
Adviser: Allspring Funds Management, LLC
Sub-Adviser: Allspring Global Investments, LLC
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1.18%
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33.53%
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12.98%
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10.08%
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Large Cap
Blend
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Allspring Large Cap Core - Class A
Adviser: Allspring Funds Management, LLC
Sub-Adviser: Allspring Global Investments, LLC
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1.21%
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24.66%
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14.09%
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10.44%
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Mid Cap Blend
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Allspring Opportunity - Class A
Adviser: Allspring Funds Management, LLC
Sub-Adviser: Allspring Global Investments, LLC
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1.19%
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19.09%
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13.26%
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9.45%
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Small Cap
Value
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Allspring Small Company Value - Class A
Adviser: Allspring Funds Management, LLC
Sub-Adviser: Allspring Global Investments, LLC
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1.31%
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15.19%
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11.53%
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7.31%
|
Intermediate
Term Bond
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American Century Diversified Bond - Class A
Adviser: American Century Investment Management, Inc.
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0.85%
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5.04%
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0.79%
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1.30%
|
Large Cap
Value
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American Century Equity Income - Class A
Adviser: American Century Investment Management, Inc.
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1.18%
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3.64%
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7.80%
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7.72%
|
Mid Cap Growth
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American Century Heritage - Class A
Adviser: American Century Investment Management, Inc.
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1.25%
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13.33%
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11.60%
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8.43%
|
International
Equity
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American Century International Growth - Class A
Adviser: American Century Investment Management, Inc.
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1.51%
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5.62%
|
6.51%
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3.01%
|
Large Cap
Growth
|
American Century Select - Class A
Adviser: American Century Investment Management, Inc.
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1.24%
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31.51%
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16.16%
|
12.54%
|
Asset
Allocation/
Lifestyle
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American Century Strategic Allocation: Aggressive -
Class A
Adviser: American Century Investment Management, Inc.
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1.59%
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15.07%
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10.25%
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7.11%
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Asset
Allocation/
Lifestyle
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American Century Strategic Allocation: Conservative -
Class A
Adviser: American Century Investment Management, Inc.
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1.37%
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10.13%
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6.43%
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4.61%
|
Investment
Type
|
Fund
Adviser/Sub-Adviser
|
Current
Expenses1
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Average Annual
Total Returns
(as of 12/31/2023)
|
||
1 Year
|
5 Year
|
10 Year
|
|||
Asset
Allocation/
Lifestyle
|
American Century Strategic Allocation: Moderate - Class
A
Adviser: American Century Investment Management, Inc.
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1.51%
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12.86%
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8.48%
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5.94%
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Large Cap
Growth
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American Century Ultra® - Class A
Adviser: American Century Investment Management, Inc.
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1.20%
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34.74%
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17.48%
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13.58%
|
Mid Cap Blend
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AMG River Road Mid Cap Value - Class N
Adviser: AMG Funds LLC
Sub-Adviser: River Road Asset Management, LLC
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1.14%
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22.64%
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12.22%
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7.03%
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Mid Cap Growth
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Baron Asset - Retail Class
Adviser: BAMCO, Inc.
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1.30%
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17.04%
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12.53%
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10.20%
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Small Cap
Growth
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BlackRock® Advantage Small Cap Growth - Class A
Adviser: BlackRock Advisors, LLC
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1.06%
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12.25%
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9.04%
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6.36%
|
Large Cap
Value
|
BlackRock® Equity Dividend - Class A
Adviser: BlackRock Advisors, LLC
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0.94%
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-9.22%
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5.88%
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9.28%
|
Global
Allocation
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BlackRock® Global Allocation - Class A
Adviser: BlackRock Advisors, LLC
Sub-Adviser: BlackRock (Singapore) Limited; BlackRock
International Limited
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1.13%
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-20.45%
|
2.06%
|
4.15%
|
International
Equity
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BlackRock® International Dividend - Class A
Adviser: BlackRock Advisors, LLC
Sub-Adviser: BlackRock International Limited
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1.23%
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-15.03%
|
2.30%
|
3.45%
|
Large Cap
Blend
|
BNY Mellon Appreciation - Investor Class
Adviser: BNY Mellon Investment Adviser, Inc.
Sub-Adviser: Fayez Sarofim & Co., LLC
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0.89%
|
21.40%
|
16.22%
|
11.02%
|
Large Cap
Value
|
BNY Mellon Dynamic Value - Class A
Adviser: BNY Mellon Investment Adviser, Inc.
Sub-Adviser: Newton Investment Management North
America, LLC
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0.94%
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12.58%
|
15.18%
|
10.25%
|
Mid Cap Value
|
BNY Mellon Opportunistic Midcap Value - Class A
Adviser: BNY Mellon Investment Adviser, Inc.
Sub-Adviser: Newton Investment Management North
America, LLC
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1.16%
|
12.35%
|
12.63%
|
7.03%
|
Specialty
|
Calamos® Growth and Income - Class A
Adviser: Calamos Advisors LLC
|
1.06%
|
14.59%
|
11.78%
|
8.60%
|
High Yield Bond
|
Calamos® High Income Opportunities - Class A
Adviser: Calamos Advisors LLC
|
1.43%
|
9.69%
|
4.63%
|
2.92%
|
Small Cap
Growth
|
ClearBridge Small Cap Growth - Class A2
Adviser: Franklin Templeton Fund Adviser, LLC
Sub-Adviser: ClearBridge Investments, LLC
|
1.18%
|
2.65%
|
7.94%
|
7.08%
|
Global
Allocation
|
Delaware Ivy Asset Strategy - Class A
Adviser: Delaware Management Company
Sub-Adviser: Macquarie Investment Management Austria
Kapitalanlage AG; Macquarie Investment Management
Europe Limited; Macquarie Investment Management
Global Limited
|
1.16%
|
8.94%
|
8.18%
|
6.73%
|
Investment
Type
|
Fund
Adviser/Sub-Adviser
|
Current
Expenses1
|
Average Annual
Total Returns
(as of 12/31/2023)
|
||
1 Year
|
5 Year
|
10 Year
|
|||
Intermediate
Term Bond
|
Federated Hermes Corporate Bond - Class A
Adviser: Federated Investment Management Company
|
1.01%
|
2.91%
|
1.71%
|
2.38%
|
Large Cap
Blend
|
Fidelity Advisor® Dividend Growth - Class M
Adviser: Fidelity Management & Research Company LLC
Sub-Adviser: FMR Investment Management (UK)
Limited; Fidelity Management & Research (Hong Kong)
Limited; Fidelity Management & Research (Japan)
Limited
|
1.20%
|
12.96%
|
10.37%
|
7.88%
|
International
Equity
|
Fidelity Advisor® International Capital Appreciation -
Class M2
Adviser: Fidelity Management & Research Company LLC
Sub-Adviser: FMR Investment Management (UK)
Limited; Fidelity Management & Research (Hong Kong)
Limited; Fidelity Management & Research (Japan)
Limited; FIL Investment Advisors; FIL Investment
Advisors (UK) Limited
|
1.25%
|
-29.50%
|
1.87%
|
6.12%
|
Mid Cap Blend
|
Fidelity Advisor® Leveraged Company Stock - Class M
Adviser: Fidelity Management & Research Company LLC
Sub-Adviser: FMR Investment Management (UK)
Limited; Fidelity Management & Research (Hong Kong)
Limited; Fidelity Management & Research (Japan)
Limited
|
1.27%
|
-26.27%
|
5.06%
|
8.16%
|
Multi Cap Blend
|
Fidelity Advisor® New Insights - Class M
Adviser: Fidelity Management & Research Company LLC
Sub-Adviser: FMR Investment Management (UK)
Limited; Fidelity Management & Research (Hong Kong)
Limited; Fidelity Management & Research (Japan)
Limited
|
0.90%
|
30.85%
|
13.27%
|
10.36%
|
Specialty-Sector
|
Fidelity Advisor® Real Estate - Class M
Adviser: Fidelity Management & Research Company LLC
Sub-Adviser: FMR Investment Management (UK)
Limited; Fidelity Management & Research (Hong Kong)
Limited; Fidelity Management & Research (Japan)
Limited
|
1.31%
|
-30.76%
|
0.27%
|
4.02%
|
Mid Cap Blend
|
Fidelity Advisor® Stock Selector Mid Cap - Class M2
Adviser: Fidelity Management & Research Company LLC
Sub-Adviser: FMR Investment Management (UK)
Limited; Fidelity Management & Research (Hong Kong)
Limited; Fidelity Management & Research (Japan)
Limited
|
1.17%
|
12.51%
|
11.40%
|
8.06%
|
Small Cap
Blend
|
Fidelity Advisor® Value Strategies - Class M
Adviser: Fidelity Management & Research Company LLC
Sub-Adviser: FMR Investment Management (UK)
Limited; Fidelity Management & Research (Hong Kong)
Limited; Fidelity Management & Research (Japan)
Limited
|
1.36%
|
15.70%
|
15.32%
|
8.49%
|
Emerging
Markets
|
Goldman Sachs Emerging Markets Equity - Service
Class
Adviser: Goldman Sachs Asset Management, L.P.
|
1.62%
|
6.08%
|
3.24%
|
3.09%
|
Investment
Type
|
Fund
Adviser/Sub-Adviser
|
Current
Expenses1
|
Average Annual
Total Returns
(as of 12/31/2023)
|
||
1 Year
|
5 Year
|
10 Year
|
|||
Government
Bond
|
Goldman Sachs Government Income - Service Class
Adviser: Goldman Sachs Asset Management, L.P.
|
1.29%
|
-12.99%
|
-1.01%
|
-0.13%
|
Specialty
|
Guggenheim Alpha Opportunity - Class A
Adviser: Security Investors, LLC
|
1.94%
|
3.63%
|
1.18%
|
1.79%
|
Intermediate
Term Bond
|
Guggenheim Core Bond - Class A
Adviser: Security Investors, LLC
|
0.92%
|
2.43%
|
0.38%
|
2.15%
|
Floating Rate
Bond
|
Guggenheim Floating Rate Strategies - Class A
Adviser: Guggenheim Partners Investment Management,
LLC
|
1.17%
|
9.33%
|
4.22%
|
3.31%
|
High Yield Bond
|
Guggenheim High Yield - Class A
Adviser: Security Investors, LLC
|
1.22%
|
7.44%
|
3.76%
|
3.58%
|
Large Cap
Value
|
Guggenheim Large Cap Value - Class A
Adviser: Security Investors, LLC
|
1.47%
|
3.67%
|
10.10%
|
7.68%
|
Specialty
|
Guggenheim Long Short Equity - Class P
Adviser: Security Investors, LLC
|
1.76%
|
-14.18%
|
0.63%
|
3.87%
|
Specialty
|
Guggenheim Macro Opportunities - Class A
Adviser: Guggenheim Partners Investment Management,
LLC
|
1.53%
|
4.82%
|
2.01%
|
2.78%
|
Specialty
|
Guggenheim Managed Futures Strategy - Class P
Adviser: Security Investors, LLC
|
1.90%
|
14.75%
|
3.47%
|
2.10%
|
Specialty
|
Guggenheim Multi-Hedge Strategies - Class P
Adviser: Security Investors, LLC
|
2.04%
|
-3.44%
|
2.15%
|
2.12%
|
Small Cap
Value
|
Guggenheim Small Cap Value - Class A
Adviser: Security Investors, LLC
|
3.44%
|
5.36%
|
9.16%
|
4.86%
|
Mid Cap Value
|
Guggenheim SMid Cap Value - Class A
Adviser: Security Investors, LLC
|
1.20%
|
4.12%
|
10.64%
|
6.77%
|
Large Cap
Blend
|
Guggenheim StylePlus Large Core - Class A
Adviser: Security Investors, LLC
|
1.61%
|
20.72%
|
13.22%
|
10.73%
|
Mid Cap Growth
|
Guggenheim StylePlus Mid Growth - Class A
Adviser: Security Investors, LLC
|
1.76%
|
20.39%
|
11.54%
|
9.13%
|
Intermediate
Term Bond
|
Guggenheim Total Return Bond - Class A
Adviser: Guggenheim Partners Investment Management,
LLC
|
0.96%
|
2.83%
|
0.68%
|
2.36%
|
Global Equity
|
Guggenheim World Equity Income - Class A
Adviser: Security Investors, LLC
|
1.50%
|
6.73%
|
8.58%
|
6.04%
|
Large Cap
Growth
|
Invesco American Franchise - Class A
Adviser: Invesco Advisers, Inc.
|
0.99%
|
-34.92%
|
6.33%
|
10.84%
|
Large Cap
Value
|
Invesco Comstock - Class A
Adviser: Invesco Advisers, Inc.
|
0.82%
|
-4.75%
|
6.75%
|
10.32%
|
Emerging
Markets
|
Invesco Developing Markets - Class A
Adviser: Invesco Advisers, Inc.
|
1.26%
|
5.06%
|
1.12%
|
0.91%
|
Investment
Type
|
Fund
Adviser/Sub-Adviser
|
Current
Expenses1
|
Average Annual
Total Returns
(as of 12/31/2023)
|
||
1 Year
|
5 Year
|
10 Year
|
|||
Small Cap
Growth
|
Invesco Discovery - Class A
Adviser: Invesco Advisers, Inc.
|
1.03%
|
-35.04%
|
8.24%
|
11.29%
|
Mid Cap Growth
|
Invesco Discovery Mid Cap Growth - Class A
Adviser: Invesco Advisers, Inc.
|
1.04%
|
6.76%
|
11.22%
|
8.79%
|
Specialty-Sector
|
Invesco Energy - Class A
Adviser: Invesco Advisers, Inc.
|
1.23%
|
52.87%
|
4.42%
|
0.14%
|
Balanced/Asset
Allocation
|
Invesco Equity and Income - Class A
Adviser: Invesco Advisers, Inc.
|
0.79%
|
-12.79%
|
4.19%
|
7.61%
|
Global Equity
|
Invesco Global - Class A
Adviser: Invesco Advisers, Inc.
|
1.06%
|
26.65%
|
10.73%
|
7.61%
|
Equity Precious
Metals
|
Invesco Gold & Special Minerals - Class A
Adviser: Invesco Advisers, Inc.
|
1.06%
|
-21.44%
|
5.72%
|
-2.44%
|
Mid Cap Blend
|
Invesco Main Street Mid Cap - Class A
Adviser: Invesco Advisers, Inc.
|
1.06%
|
8.18%
|
10.45%
|
6.93%
|
Small Cap
Growth
|
Invesco Small Cap Growth - Class A2
Adviser: Invesco Advisers, Inc.
|
1.16%
|
-39.13%
|
3.01%
|
9.08%
|
Specialty-Sector
|
Invesco Technology - Class A
Adviser: Invesco Advisers, Inc.
|
1.13%
|
-39.95%
|
6.19%
|
10.26%
|
Money Market
|
Invesco V.I. Government Money Market - Series II
Adviser: Invesco Advisers, Inc.
|
0.61%
|
4.60%
|
1.53%
|
0.93%
|
Multi Cap Value
|
Invesco Value Opportunities - Class A
Adviser: Invesco Advisers, Inc.
|
1.09%
|
-4.21%
|
7.40%
|
9.59%
|
Large Cap
Blend
|
Janus Henderson Adaptive Risk Managed U.S. Equity -
Class S
Adviser: Janus Henderson Investors US LLC
|
1.09%
|
-14.46%
|
6.28%
|
10.32%
|
Mid Cap Value
|
Janus Henderson Mid Cap Value - Class S
Adviser: Janus Henderson Investors US LLC
|
0.99%
|
-5.40%
|
4.44%
|
8.16%
|
International
Equity
|
Janus Henderson Overseas - Class S
Adviser: Janus Henderson Investors US LLC
|
1.29%
|
10.52%
|
10.79%
|
3.00%
|
Large Cap
Value
|
Neuberger Berman Large Cap Value - Advisor Class
Adviser: Neuberger Berman Investment Advisers LLC
|
1.10%
|
-2.10%
|
11.64%
|
9.11%
|
Specialty
|
Neuberger Berman Sustainable Equity - Trust Class
Adviser: Neuberger Berman Investment Advisers LLC
|
1.05%
|
26.54%
|
13.66%
|
9.79%
|
Small Cap
Growth
|
North Square Spectrum Alpha - Class A2
Adviser: North Square Investments, LLC
Sub-Adviser: NSI Retail Advisors, LLC
|
2.26%
|
24.70%
|
9.77%
|
6.01%
|
Balanced/Asset
Allocation
|
Northern Global Tactical Asset Allocation - Class A
Adviser: Northern Trust Investments, Inc.
|
0.68%
|
10.72%
|
6.11%
|
4.42%
|
Large Cap
Blend
|
Northern Large Cap Core2
Adviser: Northern Trust Investments, Inc.
|
0.56%
|
24.22%
|
14.44%
|
10.73%
|
Investment
Type
|
Fund
Adviser/Sub-Adviser
|
Current
Expenses1
|
Average Annual
Total Returns
(as of 12/31/2023)
|
||
1 Year
|
5 Year
|
10 Year
|
|||
Large Cap
Value
|
Northern Large Cap Value
Adviser: Northern Trust Investments, Inc.
|
0.75%
|
10.04%
|
11.12%
|
7.81%
|
Large Growth
|
PGIM Jennison Focused Growth - Class A
Adviser: PGIM Investments LLC
Sub-Adviser: Jennison Associates LLC
|
1.14%
|
43.91%
|
14.75%
|
12.36%
|
Mid Cap Growth
|
PGIM Jennison Mid-Cap Growth - Class A
Adviser: PGIM Investments LLC
Sub-Adviser: Jennison Associates LLC
|
1.07%
|
-28.25%
|
7.37%
|
9.40%
|
Specialty-Sector
|
PGIM Jennison Natural Resources - Class A
Adviser: PGIM Investments LLC
Sub-Adviser: Jennison Associates LLC
|
1.27%
|
17.65%
|
6.95%
|
2.03%
|
Small Cap
Growth
|
PGIM Jennison Small Company - Class A2
Adviser: PGIM Investments LLC
Sub-Adviser: Jennison Associates LLC
|
1.15%
|
-23.37%
|
6.89%
|
10.14%
|
Small Cap
Value
|
PGIM Quant Solutions Small-Cap Value - Class A2
Adviser: PGIM Investments LLC
Sub-Adviser: PGIM Quantitative Solutions LLC
|
1.13%
|
-16.33%
|
1.80%
|
N/A
|
Specialty
|
PIMCO All Asset - Class R
Adviser: Pacific Investment Management Company LLC
Sub-Adviser: Research Affiliates LLC
|
2.21%
|
-12.15%
|
2.68%
|
2.80%
|
Specialty-Sector
|
PIMCO CommodityRealReturn Strategy - Class A
Adviser: Pacific Investment Management Company LLC
|
1.50%
|
2.42%
|
5.53%
|
-2.42%
|
Emerging
Markets Bond
|
PIMCO Emerging Markets Bond - Class A
Adviser: Pacific Investment Management Company LLC
|
1.30%
|
-19.80%
|
-1.91%
|
0.37%
|
International
Bond
|
PIMCO International Bond (U.S. Dollar-Hedged) - Class
R
Adviser: Pacific Investment Management Company LLC
|
1.28%
|
-10.43%
|
0.07%
|
1.94%
|
Short Term
Bond
|
PIMCO Low Duration - Class R
Adviser: Pacific Investment Management Company LLC
|
1.07%
|
-5.73%
|
-0.14%
|
0.16%
|
Inflation-
Protected Bond
|
PIMCO Real Return - Class R
Adviser: Pacific Investment Management Company LLC
|
1.32%
|
-12.44%
|
1.46%
|
0.38%
|
Small Cap
Blend
|
PIMCO StocksPLUS® Small Fund - Class A
Adviser: Pacific Investment Management Company LLC
|
1.15%
|
-27.12%
|
1.75%
|
7.92%
|
Intermediate
Term Bond
|
PIMCO Total Return - Class R
Adviser: Pacific Investment Management Company LLC
|
1.08%
|
-14.60%
|
-0.57%
|
0.49%
|
Multi-Sector
Bond
|
Pioneer Strategic Income - Class A
Adviser: Amundi Asset Management US, Inc.
|
1.11%
|
3.23%
|
1.64%
|
2.19%
|
Small Cap
Value
|
Royce Small-Cap Opportunity - Service Class
Adviser: Royce & Associates, LP
|
1.54%
|
-17.28%
|
6.81%
|
10.34%
|
Small Cap
Blend
|
Royce Small-Cap Value - Service Class
Adviser: Royce & Associates, LP
|
1.59%
|
-10.06%
|
3.43%
|
5.48%
|
Investment
Type
|
Fund
Adviser/Sub-Adviser
|
Current
Expenses1
|
Average Annual
Total Returns
(as of 12/31/2023)
|
||
1 Year
|
5 Year
|
10 Year
|
|||
Balanced/Asset
Allocation
|
T. Rowe Price Capital Appreciation - Advisor Class
Adviser: T. Rowe Price Associates, Inc.
Sub-Adviser: T. Rowe Price Investment Management,
Inc.
|
0.99%
|
18.52%
|
12.48%
|
10.18%
|
Large Cap
Growth
|
T. Rowe Price Growth Stock - Class R
Adviser: T. Rowe Price Associates, Inc.
|
1.18%
|
44.52%
|
12.74%
|
11.13%
|
Asset
Allocation/Target
Date
|
T. Rowe Price Retirement 2010 - Class R
Adviser: T. Rowe Price Associates, Inc.
|
0.99%
|
-14.43%
|
2.71%
|
4.51%
|
Asset
Allocation/Target
Date
|
T. Rowe Price Retirement 2015 - Class R
Adviser: T. Rowe Price Associates, Inc.
|
1.00%
|
-14.60%
|
3.03%
|
5.21%
|
Asset
Allocation/Target
Date
|
T. Rowe Price Retirement 2020 - Class R
Adviser: T. Rowe Price Associates, Inc.
|
1.03%
|
-15.10%
|
3.38%
|
5.93%
|
Asset
Allocation/Target
Date
|
T. Rowe Price Retirement 2025 - Class R
Adviser: T. Rowe Price Associates, Inc.
|
1.04%
|
-16.09%
|
3.79%
|
6.61%
|
Asset
Allocation/Target
Date
|
T. Rowe Price Retirement 2030 - Class R
Adviser: T. Rowe Price Associates, Inc.
|
1.07%
|
-17.42%
|
4.11%
|
7.19%
|
Asset
Allocation/Target
Date
|
T. Rowe Price Retirement 2035 - Class R
Adviser: T. Rowe Price Associates, Inc.
|
1.09%
|
-18.45%
|
4.39%
|
7.63%
|
Asset
Allocation/Target
Date
|
T. Rowe Price Retirement 2040 - Class R
Adviser: T. Rowe Price Associates, Inc.
|
1.10%
|
-19.27%
|
4.68%
|
7.99%
|
Asset
Allocation/Target
Date
|
T. Rowe Price Retirement 2045 - Class R
Adviser: T. Rowe Price Associates, Inc.
|
1.12%
|
-19.53%
|
4.91%
|
8.15%
|
Asset
Allocation/Target
Date
|
T. Rowe Price Retirement 2050 - Class R
Adviser: T. Rowe Price Associates, Inc.
|
1.13%
|
-19.56%
|
4.94%
|
8.16%
|
Asset
Allocation/Target
Date
|
T. Rowe Price Retirement 2055 - Class R
Adviser: T. Rowe Price Associates, Inc.
|
1.14%
|
-19.64%
|
4.87%
|
8.12%
|
Balanced/Asset
Allocation
|
T. Rowe Price Retirement Balanced - Class R
Adviser: T. Rowe Price Associates, Inc.
|
0.99%
|
-13.52%
|
2.69%
|
3.96%
|
Small Cap
Value
|
Victory RS Partners - Class A2
Adviser: Victory Capital Management Inc.
|
1.39%
|
8.99%
|
12.10%
|
6.59%
|
Specialty-Sector
|
Victory RS Science and Technology - Class A
Adviser: Victory Capital Management Inc.
|
1.49%
|
24.95%
|
8.05%
|
10.38%
|
Mid Cap Value
|
Victory RS Value - Class A
Adviser: Victory Capital Management Inc.
|
1.34%
|
1.33%
|
9.88%
|
6.90%
|
Investment
Type
|
Fund
Adviser/Sub-Adviser
|
Current
Expenses1
|
Average Annual
Total Returns
(as of 12/31/2023)
|
||
1 Year
|
5 Year
|
10 Year
|
|||
Mid Cap Value
|
Virtus Ceredex Mid Cap Value Equity - Class A
Adviser: Virtus Fund Advisers, LLC
Sub-Adviser: Ceredex Value Advisors LLC
|
1.30%
|
4.55%
|
8.56%
|
6.72%
|
1
Certain Investment Portfolios and their investment advisers have entered into temporary expense reimbursement and/or fee waivers. Please
see the Investment Portfolios' prospectuses for additional information regarding these arrangements
|
|||||
2
This fund is no longer available for new transfers.
|
Riders No Longer Available
|
||
Rider
|
Investment Restriction
|
Investment Allocation Impact on Crediting Rate
|
Guaranteed Minimum Death
Benefit at 5%
|
N/A
|
The Company will credit a maximum rate of 4% for amounts
allocated to the Invesco V.I. Government Money Market
Subaccount, the Fixed Account and the Loan Account; however,
you will still pay the rider charge applicable to the 5% rate.
|
Guaranteed Growth Death
Benefit at 5%, 6% or 7%
|
N/A
|
The Company will credit a maximum rate of 4% for amounts
allocated to the Invesco V.I. Government Money Market
Subaccount, the Fixed Account and Loan Account; however,
you will still pay the rider charge applicable to the rate you have
selected.
|