AuguStar Variable Account A has announced significant changes to its investment strategy through the approval of three reorganizations involving its variable annuity and life insurance portfolios. This decision, made by the Board of Directors of the AuguStar Variable Insurance Products Fund, Inc., is expected to enhance the overall efficiency and performance of the portfolios involved.

The reorganizations will affect various portfolios available within AuguStar's variable annuity contracts and variable life insurance policies. The Board concluded that these changes are in the best interests of the portfolios, as the total annual operating expenses of the survivor portfolios are expected to remain the same or decrease compared to the target portfolios.

Background

AuguStar Variable Account A, part of AuguStar Life Insurance Company, operates as an investment entity based in Cincinnati, Ohio. The company is known for offering variable annuity and life insurance products. It has undergone a name change from Ohio National Variable Account A in July 1992. The company primarily deals with investment products and has a fiscal year ending on December 31.

What the Filing Says

According to the recent SEC filing (accession number 0001398344-26-019397), the reorganizations will take effect as of December 18, 2026. 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." The filing also details the specific target and survivor portfolios affected by the change.

Impact

This announcement may affect investors who hold contracts with allocated values in the portfolios set for reorganization. The changes will be automatic, with assets transferred to corresponding survivor portfolios. Investors will have the opportunity to make one transfer of contract value out of a target portfolio or its corresponding survivor portfolio without charge during a specified period.

What's Next

An information statement/prospectus detailing the reorganizations will be available on or about November 20, 2026. Investors are encouraged to review this document for comprehensive information regarding the changes.