AuguStar Variable Account A has announced significant changes to its investment strategy through the approval of three reorganizations involving its portfolios. This move, which is set to take effect on December 18, 2026, is designed to enhance the efficiency of the investment offerings and potentially lower costs for contract owners.

The reorganizations will see assets from certain target portfolios automatically transferred to corresponding survivor portfolios. The Board of Directors of the AuguStar Variable Insurance Products Fund, Inc. concluded that these changes are in the best interests of the portfolios involved, ensuring that the total annual operating expenses of the survivor portfolios will be the same or lower than those of the target portfolios.

Background

AuguStar Variable Account A is an investment entity based in Cincinnati, Ohio, primarily focused on variable annuity contracts and variable life insurance policies. The company operates under the auspices of AuguStar Life Insurance Company and is recognized for its commitment to providing diverse investment options for its clients. The recent filing, dated November 3, 2026, is part of a series of updates that reflect ongoing adjustments in the company's investment strategies.

What the Filing Says

The filing details that the reorganizations will affect contract owners who have allocated value to the target portfolios. The notice states, "After considering a number of factors, the Board concluded that each reorganization is in the best interests of each portfolio involved in that reorganization." This indicates a strategic approach to managing investment risks and optimizing performance.

Impact

The changes are expected to directly impact contract owners who have investments in the affected portfolios. As of the close of business on December 18, 2026, any contract value allocated to a target portfolio will be automatically reallocated to the corresponding survivor portfolio. This automatic transfer aims to streamline the investment process for clients and maintain investment continuity.

What's Next

Contract owners are advised that they do not need to take any action unless they wish to reallocate their investments to other portfolios. The filing does not specify any further actions or votes required following these reorganizations.