08/05/2024 | Press release | Distributed by Public on 08/05/2024 14:45
ONcore Series of Variable Annuities
AuguStarSM Life Insurance Company
AuguStarSM Variable Account A
Supplement dated August 5, 2024
to the Prospectuses and
Updating Summary Prospectuses dated April 30, 2024
The following supplements the prospectuses dated April 30, 2024 (the "Prospectuses"), and the updating summary prospectuses dated April 30, 2024 (the "Updating Summary Prospectuses"), as may be previously amended. Capitalized terms not defined herein have the meaning ascribed to them in the Prospectuses or Updating Summary Prospectuses, as applicable. Please read this supplement in conjunction with your Prospectus and Updating Summary Prospectus and retain it for future reference.
Effective August 1, 2024, the following information replaces the information for the corresponding portfolio in the "Funds Available Under Your Contract" section of Appendix A to reflect a change in the portfolio's investment adviser:
Type/ Investment Objective |
Fund and Adviser/Subadviser |
Current Expenses |
Average Annual Total Returns (as of 12/31/23) |
||
1 year |
5 year |
10 year |
|||
Mid Cap Growth Equity |
Federated Hermes Kaufmann Fund II (Service Shares) Adviser: Federated Global Investment Management Corp. |
1.80%* | 14.86% | 7.04% | 8.39% |
Effective June 28, 2024, the following information replaces the information for the corresponding portfolios in the "Funds Available Under Your Contract" section of Appendix A to reflect reductions in the portfolios' respective current expenses:
Type/ Investment Objective |
Fund and Adviser/Subadviser |
Current Expenses |
Average Annual Total Returns (as of 12/31/23) |
||
1 year | 5 year | 10 year | |||
Small Cap Blend Equity |
Lazard Retirement US Small Cap Equity Select Portfolio (Service Shares) Adviser: Lazard Asset Management LLC |
1.10%* | 10.02% | 9.10% | 6.73% |
Emerging Markets Equity |
Lazard Retirement Emerging Markets Equity Select Portfolio (Service Shares) Adviser: Lazard Asset Management LLC |
1.40%* | 22.27% | 5.01% | 2.04% |