Nine American Century Variable Portfolio funds
join the Lincoln Variable Insurance Products (LVIP) Trust
Lincoln Financial Group (NYSE: LNC) and American Century
Investments announced today that they are strengthening their
partnership by leveraging American Century’s investment expertise
and Lincoln Financial’s platform to provide additional
opportunities and an enhanced lineup to support investor needs.
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 $84 billion LVIP Funds platform and
more than 100 Variable Insurance Mutual Funds.
“We believe serving as the subadvisor on the LVIP Funds will
benefit our clients, as demonstrated by many who have large assets
with us and have moved to sub-advisory relationships. We’re excited
about this expansion of our relationship with Lincoln Financial
Group,” said Rick Luchinsky, Co-Head of Intermediary Distribution,
American Century.
American Century will serve as the subadvisor for the acquired
funds using its distinguished portfolio management expertise.
American Century VP Funds
Targets
LVIP Acquiring Funds
AUM ($M)
American Century VP Value
LVIP American Century Value
$903
American Century VP MidCap Value
LVIP American Century MidCap Value
$664
American Century VP Inflation
Protection
LVIP American Century Inflation
Protection
$604
American Century VP Capital
Appreciation
LVIP American Century Capital
Appreciation
$461
American Century VP Balanced
LVIP American Century Balanced
$346
American Century VP Disciplined Core
Value
LVIP American Century Disciplined Core
Value
$331
American Century VP Ultra
LVIP American Century Ultra
$289
American Century VP International
LVIP American Century International
$177
American Century VP Large Company
Value
LVIP American Century Large Company
Value
$146
$3,921M
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
$310 billion in end-of-period account balances, net of reinsurance.
Headquartered in Radnor, Pa., Lincoln Financial Group is the
marketing name for Lincoln National Corporation (NYSE: LNC) and its
affiliates. Learn more at LincolnFinancial.com.
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 Kansas City, Missouri; New
York; Los Angeles; Santa Clara, California; Portland, Oregon;
London; Frankfurt, Germany; Hong Kong; and Sydney. Jonathan S.
Thomas is president and chief executive officer, and Victor Zhang
serves as chief investment officer. Delivering investment results
to clients enables American Century Investments to distribute over
40% of its dividends to the Stowers Institute for Medical Research,
a 500-person, nonprofit biomedical research organization with a
focus on foundational research. The Institute owns more than 40% of
American Century Investments and has received dividend payments of
more than $2 billion since 2000. For more information about
American Century Investments, visit
www.americancentury.com.
©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.
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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
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