Effective April 30, 2023, Putnam VT Growth Opportunities Fund was renamed Putnam VT Large Cap Growth Fund.
Effective November 20, 2017, Wellington Management Company LLP replaced FIAM, LLC as sub-adviser to the SFT Pyramis Core Equity Fund. Consequently, the fund’s name has changed to SFT Wellington Core Equity Fund. Please see the fund prospectus for additional information about the sub-adviser change. You may obtain a copy of the prospectus at www.securianfunds.com/prospectus.
Effective on or about May 30, 2017, and subject to certain shareholder and regulatory approvals, Janus and Henderson Group plc are expected to combine businesses. Effective as of the date of the merger, each Portfolio’s name will change to reflect “Janus Henderson VIT” as part of the Portfolio’s name.
Effective April 30, 2021, the investment advisor for the Ivy Variable Insurance Portfolios changed from Ivy Investment Management Company to Delaware Management Company. Additionally, effective July 1, 2021, each of the Ivy Variable Insurance Portfolio fund names was renamed to reflect the addition of “Delaware” as part of each Fund’s name.
Effective on May, 1, 2018 Advantus Capital Management, Inc. changed its name to Securian Asset Management, Inc. Effective as of the date of the name change, each Portfolio’s name changed to reflect the removal of “Advantus” as part of the Portfolio’s name. In addition, the SFT Advantus Bond Fund was renamed SFT Core Bond Fund.
Subject to the November 1, 2018 Shareholder Meeting, effective on or about November 5, 2018 Ivy VIP Micro Cap Growth merged into Ivy VIP Small Cap Growth.
Effective May 24, 2019, Oppenheimer International Growth Fund/VA merged into Invesco Oppenheimer V.I. International Growth Fund.
Effective December 3, 2018, SFT Mortgage Securities Fund merged into SFT Core Bond Fund.
You could lose money by investing in a money market portfolio. Although the portfolio seeks to preserve its value at $1.00 per share, it cannot guarantee it will do so. Money market portfolios are neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The portfolio’s sponsor has no legal obligation to provide financial support to the portfolio, and you should not expect that the sponsor will provide financial support to the portfolio at any time.
Perkins Investment Management LLC is a subsidiary of Janus Henderson Group plc and serves as the sub-adviser on certain products.
The Delaware Ivy VIP Pathfinder Managed Volatility Portfolios' investment manager, Delaware Management Company (DMC), manages the investments in the underlying funds. An investment sub-advisor, Securian Asset Management, Inc., manages the volatility management strategy.
The performance of each Delaware Ivy VIP Pathfinder Portfolio is dependent on the performance of its underlying funds, and each Portfolio will assume the risks associated with its underlying funds. Because an investor is investing in funds indirectly through the Portfolio, the investor will pay a proportionate share of the applicable expenses of the underlying funds, as well as the expenses of the particular Portfolio. Please consult the prospectus for additional information about fees and expenses.
The Morningstar ETF Allocation Series Portfolios are not Exchange Traded Funds (ETFs), instead they consist of five risk-based asset allocation portfolios that invest in underlying ETFs, which are typically open-end investment companies or unit investment trusts. ETFs entail the same risks as direct stock ownership and portfolios structured as "fund of funds" will entail the same risks associated with the underlying funds and may have higher expenses than underlying funds purchased directly in the Separate Account.
The TOPS® Target Range™ Portfolios are managed by ValMark Advisers, Inc. and distributed by Northern Lights Distributors, LLC. and Milliman Financial Risk Management, LLC serves as the sub-advisor. Northern Lights Distributors, LLC is not affiliated with ValMark Advisers, Inc., Milliman Financial Risk Management, LLC or Securian Financial Group.
The TOPS® Managed Risk ETF Portfolios are managed by ValMark Advisers, Inc. and distributed by Northern Lights Distributors, LLC. and Milliman Financial Risk Management, LLC serves as the sub-advisor. Northern Lights Distributors, LLC is not affiliated with ValMark Advisers, Inc., Milliman Financial Risk Management, LLC or Securian Financial Group.
The Ivy Variable Insurance Portfolios, Inc. are managed by Delaware Management Company (DMC) and distributed by Delaware Distributors, L.P.
Standard & Poor’s®, "S&P®," "S&P500®," "Standard & Poor’s 500®," "Standard & Poor’s MidCap 400®" and "S&P MidCap 400®" are registered trademarks of The McGraw-Hill Companies, Inc. and have been licensed for use by Securian Funds Trust. SFT Index 400 Mid-Cap and SFT Index 500 are not sponsored, endorsed, sold or promoted by Standard & Poor’s and Standard & Poor’s makes no representation regarding the advisability of investing in the Fund. The sub-account seeks investment results generally corresponding to the Index from which the sub-account takes its name. You may not invest directly in an Index.
BlackRock is a registered trademark of BlackRock, Inc. All other trademarks are the property of their respective owners.
Janus Henderson and Perkins are trademarks and registered trademarks of Janus Henderson Investors. The name Janus Henderson Investors includes HGI Group Limited, Henderson Global Investors (Brand Management) Sarl and Janus International Holding LLC.
Janus Henderson is a trademark of Janus Henderson Investors. The name Janus Henderson Investors includes HGI Group Limited, Henderson Global Investors (Brand Management) Sarl and Janus International Holding LLC.
FIDELITY, FIDELITY INVESTMENTS, FIDELITY INVESTMENTS and Pyramid logo, and Contrafund are registered service marks of FMR LLC. Used with permission.
Each Delaware Ivy VIP Pathfinder Portfolio's risk designation is relative only to the other Portfolios and does not represent comparisons to any other investment.
