AuguStar Variable Account A has announced significant changes to its investment structure through the approval of three reorganizations. This decision, made by the Board of Directors of the AuguStar Variable Insurance Products Fund, Inc., is designed to streamline the portfolios available within its variable annuity contracts and variable life insurance policies.

The reorganizations are set to take effect on or about December 18, 2026. The Board determined that these changes are in the best interests of the portfolios involved, aiming to ensure 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 incorporated in Ohio, primarily focused on variable annuity and life insurance products. The company operates under the Central Index Key (CIK) 0000073981 and has a fiscal year ending on December 31. The recent filing, dated November 3, 2026, is part of a series of 497 forms submitted to the SEC, indicating ongoing updates and changes in their investment offerings.

What the Filing Says

The filing 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." It also notes that contract owners will automatically have their assets transferred to the corresponding survivor portfolios without incurring any transaction fees.

Impact

This announcement is expected to affect contract owners who have allocated funds to the target portfolios listed in the filing. As the assets transition to the new survivor portfolios, clients will benefit from potentially lower operating expenses and a more streamlined investment experience.

What's Next

The filing does not specify what happens next beyond the planned asset transfers on December 18, 2026. However, an Information Statement/Prospectus detailing the reorganizations will be available on or about November 20, 2026, providing further insights into the changes.