Lincoln Financial Group and American Century Enhance Offerings in Variable Insurance Trusts Lineup
Lincoln Financial Group and American Century Investments have announced a partnership to enhance their variable insurance trusts lineup. Nine American Century Variable Portfolio funds have been adopted by the Lincoln Variable Insurance Products Trust, providing investors with additional opportunities and diversification. This collaboration aims to leverage American Century's investment expertise and Lincoln Financial's platform to offer leading insurance, retirement, and variable annuity solutions.
Enhanced lineup of variable insurance trusts to support investor needs
Strengthened partnership between Lincoln Financial Group and American Century Investments
Leveraging American Century's investment expertise for broader distribution and diversification opportunities
Expansion of relationship with Lincoln Financial Group to benefit clients
None identified in the press release
Nine American Century Variable Portfolio funds join the Lincoln Variable Insurance Products (LVIP) Trust
On April 4, 2024, shareholders of the American Century Variable Portfolios funds approved the adoption of nine American Century Variable Portfolios by the Lincoln Variable Insurance Products (LVIP) Trust. The adoptions were successfully completed on April 26, 2024.
“Lincoln is capitalizing on the successes and investment capabilities of American Century to broaden distribution and diversification opportunities in our existing suite of products. The continued partnership will complement Lincoln’s offerings of leading insurance, retirement and variable annuity solutions,” said Ben Richer, Head of Funds Management, Lincoln Financial Group and Chief Operating Officer, Lincoln Financial Investments.
Lincoln currently manages an
“We believe serving as the subadvisor on the LVIP Funds will benefit our clients, as demonstrated by many who have large assets with us and have moved to sub-advisory relationships. We’re excited about this expansion of our relationship with Lincoln Financial Group,” said Rick Luchinsky, Co-Head of Intermediary Distribution, American Century.
American Century will serve as the subadvisor for the acquired funds using its distinguished portfolio management expertise.
American Century VP Funds Targets |
LVIP Acquiring Funds |
AUM ($M) |
American Century VP Value |
LVIP American Century Value |
|
American Century VP MidCap Value |
LVIP American Century MidCap Value |
|
American Century VP Inflation Protection |
LVIP American Century Inflation Protection |
|
American Century VP Capital Appreciation |
LVIP American Century Capital Appreciation |
|
American Century VP Balanced |
LVIP American Century Balanced |
|
American Century VP Disciplined Core Value |
LVIP American Century Disciplined Core Value |
|
American Century VP Ultra |
LVIP American Century Ultra |
|
American Century VP International |
LVIP American Century International |
|
American Century VP Large Company Value |
LVIP American Century Large Company Value |
|
|
|
|
About Lincoln Financial Group
Lincoln Financial Group helps people to plan, protect and retire with confidence. As of December 31, 2023, approximately 17 million customers trust our guidance and solutions across four core businesses – annuities, life insurance, group protection, and retirement plan services. As of March 31, 2024, the company had
About American Century Investments
American Century Investments is a leading global asset manager focused on delivering investment results and building long-term client relationships while supporting breakthrough medical research. Founded in 1958, American Century Investments' 1,400 employees serve financial professionals, institutions, corporations and individual investors from offices in
©2024 American Century Proprietary Holdings, Inc. All rights reserved.
You should consider the fund’s investment objectives, risks, charges and expenses carefully before you invest. The fund’s prospectus or summary prospectus, which can be obtained by visiting americancentury.com, contains this and other information about the fund, and should be read carefully before investing.
American Century Investment Services, Inc., Distributor.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240507368630/en/
Tina Madon
800-237-2920
Lincoln Investor Relations
InvestorRelations@LFG.com
Sarah Boxler
215-495-8439
Lincoln Media Relations
Sarah.Boxler@LFG.com
Laura Kouri
816-340-4710
American Century Media Relations
Laura_kouri@americancentury.com
Source: Lincoln Financial Group
FAQ
What did Lincoln Financial Group and American Century Investments announce?
When were the adoptions of the American Century Variable Portfolios by the Lincoln Variable Insurance Products Trust completed?
Who will serve as the subadvisor for the acquired funds?
What is the total Assets Under Management (AUM) for the American Century VP Funds Targets LVIP Acquiring Funds?
