10/03/2024 | Press release | Distributed by Public on 10/03/2024 12:04
This supplement updates certain information contained in your initial summary prospectus. Please read and
retain this supplement for future reference.
|
Target Funds
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Acquiring Funds
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Guggenheim Variable Funds Trust - Series B (Large Cap Value
Series)
|
New Age Alpha Variable Funds Trust - NAA Large Cap Value
Series
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Guggenheim Variable Funds Trust - Series D (World Equity
Income Series)
|
New Age Alpha Variable Funds Trust - NAA World Equity Income
Series
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Guggenheim Variable Funds Trust - Series J (StylePlus Mid
Growth Series)
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New Age Alpha Variable Funds Trust - NAA Mid Growth Series
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Guggenheim Variable Funds Trust - Series Q (Small Cap Value
Series)
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New Age Alpha Variable Funds Trust - NAA Small Cap Value
Series
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Guggenheim Variable Funds Trust - Series X (StylePlus - Small
Growth Series)
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New Age Alpha Variable Funds Trust - NAA Small Growth Series
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Guggenheim Variable Funds Trust - Series Y (StylePlus - Large
Growth Series)
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New Age Alpha Variable Funds Trust - NAA Large Growth Series
|
Type
|
Underlying Mutual Fund and Adviser/
Subadviser
|
Current
Expenses
|
Low Cost
Fund Platform
Fee1
|
Current
Expenses +
Low Cost
Fund Platform
Fee
|
Average Annual
Total Returns
(as of 12/31/2023)
|
||
1
year
|
5
year
|
10
year
|
|||||
Equity
|
New Age Alpha Variable Funds Trust - NAA
Large Cap Value Series
This Sub-Account is no longer available to receive
transfers or new purchase payments effective
October 25, 2024
Investment Advisor: New Age Alpha Advisors, LLC
|
0.76%*
|
0.00%
|
0.76%
|
9.27%
|
11.27%
|
8.47%
|
Type
|
Underlying Mutual Fund and Adviser/
Subadviser
|
Current
Expenses
|
Low Cost
Fund Platform
Fee1
|
Current
Expenses +
Low Cost
Fund Platform
Fee
|
Average Annual
Total Returns
(as of 12/31/2023)
|
||
1
year
|
5
year
|
10
year
|
|||||
Equity
|
New Age Alpha Variable Funds Trust - NAA
World Equity Income Series
This Sub-Account is no longer available to receive
transfers or new purchase payments effective
October 25, 2024
Investment Advisor: New Age Alpha Advisors, LLC
|
0.86%*
|
0.00%
|
0.86%
|
12.28%
|
9.97%
|
6.94%
|
Equity
|
New Age Alpha Variable Funds Trust - NAA Mid
Growth Series
Investment Advisor: New Age Alpha Advisors, LLC
|
0.92%*
|
0.00%
|
0.92%
|
26.41%
|
12.72%
|
9.97%
|
Equity
|
New Age Alpha Variable Funds Trust - NAA Small
Cap Value Series
Investment Advisor: New Age Alpha Advisors, LLC
|
1.12%*
|
0.00%
|
1.12%
|
10.28%
|
10.21%
|
5.55%
|
Equity
|
New Age Alpha Variable Funds Trust - NAA Small
Growth Series
This Sub-Account is no longer available to receive
transfers or new purchase payments effective
October 25, 2024
Investment Advisor: New Age Alpha Advisors, LLC
|
1.04%*
|
0.00%
|
1.04%
|
21.01%
|
9.41%
|
7.68%
|
Equity
|
New Age Alpha Variable Funds Trust - NAA
Large Growth Series
Investment Advisor: New Age Alpha Advisors, LLC
|
0.91%*
|
0.00%
|
0.91%
|
39.91%
|
18.00%
|
14.25%
|