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As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 2/09/24 Lincoln Life Flexible Premium … M N-6 8:2.7M Lincoln Nat’l Lif… Co/IN → Lincoln Life Flexible Premium Variable Life Account M ⇒ Lincoln MoneyGuard Market Advantage 2024 |
Document/Exhibit Description Pages Size 1: N-6 Registration Statement by a Variable Life Unit HTML 1.10M Investment Trust for a Separate Account -- initialn6 2: EX-4.1 Instrument Defining the Rights of Security Holders HTML 261K -- policy 3: EX-4.2 Instrument Defining the Rights of Security Holders HTML 134K -- policyspec 4: EX-4.3 Instrument Defining the Rights of Security Holders HTML 206K -- ltcrider 5: EX-4.4 Instrument Defining the Rights of Security Holders HTML 99K -- ltc 6: EX-99.11 OPIN COUNSL Opinion of Counsel re: Legality -- HTML 8K opinion 7: EX-99.16 PWR OF ATTY Power of Attorney -- poa HTML 23K 8: EX-99.4o FORM OF ISP Form of Initial Summary Prospectus -- HTML 509K isp
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FEES AND EXPENSES
|
Location in
Prospectus
|
||
Charges for
Early
Withdrawals
|
For a Full Surrender or Partial Surrender, for up to XX years from the
date of the Policy and up to XX years from each increase
in Specified
Amount, you could pay a Surrender Charge of up to $XX (XX%) per
$1,000 of the Specified Amount.
For example, if your Policy has a face amount of $100,000
and you
Surrender your Policy or take an early withdrawal, you
could be
assessed a charge of up to $XX.
|
•Policy
Charges and
Fees
|
||
Transaction
Charges
|
In addition to Surrender Charges, you may also be charged
for other
transactions, such as when you make a Premium Payment,
transfer
Policy Value between Sub-Accounts, take a Partial
Surrender or exercise
certain benefits.
|
•Policy
Charges and
Fees
|
||
Ongoing
Charges (annual
charges)
|
•In addition to Surrender Charges and transaction charges, there are
certain ongoing fees and expenses that are charged
annually, monthly
or daily.
•These fees include the Cost of Insurance Charge under the Policy,
optional benefit charges, administrative fees, mortality
and expense
risk charges and Policy Loan interest.
•Certain fees are set based on characteristics of the Insured (e.g., age,
gender, and rating classification). You should review your
Policy
Specifications page for rates applicable to you.
•Owners will also bear expenses associated with the Underlying Funds
under the Policy, as shown in the following table:
|
•Policy
Charges and
Fees
|
||
Annual Fee
|
Minimum
|
Maximum
|
||
Underlying Fund Fees and Expenses*
|
XX%
|
XX%
|
||
*As a percentage of Underlying Fund assets.
|
||||
|
RISKS
|
Location in
Prospectus
|
||
Risk of Loss
|
You can lose money by investing in the Policy, including
loss of
principal.
|
•Principal
Risks of
Investing in
the Policy
|
||
Not a Short-
Term Investment
|
•This Policy is not a short-term investment vehicle and is not
appropriate for an investor who needs ready access to cash.
•Surrender Charges apply for up to XX years from the Policy Date and
XX years from the date of any increase in your Specified
Amount.
•Any charges may reduce the value of your Policy and death benefit.
•Tax deferral is more beneficial to investors with a long-time horizon.
|
•Principal
Risks of
Investing in
the Policy
•Policy
Charges and
Fees
|
|
RISKS
|
Location in
Prospectus
|
||
Risks
Associated with
Investment
Options
|
•An investment in the Policy is subject to the risk of poor investment
performance of the Underlying Funds.
•Each Underlying Fund (including any Fixed Account investment option)
has its own unique risks. You should review each Underlying
Fund’s
prospectus before making an investment decision.
|
•Principal
Risks of
Investing in
the Policy
|
||
Insurance
Company Risks
|
•Any obligations, guarantees, and benefits of the contract are subject to
the claims-paying ability of Lincoln Life. If Lincoln Life
experiences
financial distress, it may not be able to meet its
obligations to you.
More information about Lincoln Life, including its
financial strength
ratings, is available upon request from Lincoln Life or by
visiting
financialinformation.
•You may obtain our audited statutory financial statements, any
unaudited statutory financial statements that may be
available as well
as ratings information by visiting our website at
www.lfg.com/
VULprospectus.
|
•Principal
Risks of
Investing in
the Policy
•Lincoln Life,
the Separate
Account and
the General
Account
|
||
Policy Lapse
|
•Sufficient Premiums must be paid to keep your Policy in force. There
is a risk of lapse if Premiums are too small in relation to
the insurance
amount and if investment results of the Sub-Accounts you
have
chosen are adverse or are less favorable than anticipated.
•While there is no cost to reinstate your Policy we must receive a
payment sufficient to keep your Policy and any reinstated
riders in
force for at least two months after the date of
reinstatement.
•Outstanding Policy Loans (plus interest) and Partial Surrenders will
increase the risk of lapse. The death benefit will not be
paid if the
Policy lapses.
|
•Principal
Risks of
Investing in
the Policy
•Lapse and
Reinstatement
|
||
|
RESTRICTIONS
|
Location in
Prospectus
|
||
Investments
|
•We reserve the right to charge for each transfer between Sub-
Accounts in excess of 24 transfers per year.
•We reserve the right to add, remove, or substitute Sub-Accounts as
investment options under the Policy, subject to state or
federal laws
and regulations. An Underlying Fund may be merged into
another
Underlying Fund. An Underlying Fund may discontinue
offering their
shares to the Sub-Accounts.
•We impose Allocation Requirements to reduce the risk of investment
losses that may require us to use our own assets to make
guaranteed
payments under the Value Protection Rider and to make
payments that
would not be required in the absence of this Rider’s
provisions. Please
see Appendix B: Current Investment Restrictions for
Optional Benefits
|
•Transfer Fee
•Sub-Account
Availability
and
Substitution of
Funds
•Value
Protection
Rider
|
|
RESTRICTIONS
|
Location in
Prospectus
|
||
Optional
Benefits
|
•Riders may alter the benefits or charges in your Policy. Rider
availability and benefits may vary by state of issue or
selling broker-
dealer and their election may have tax consequences. Riders
may have
restrictions or limitations, and we may modify or terminate
a rider, as
allowed. If you elect a particular rider, it may restrict
or enhance the
terms of your policy, or restrict the availability or terms
of other riders
or Policy features.
|
•Riders
|
||
|
TAXES
|
Location in
Prospectus
|
||
Tax Implications
|
•You should always consult with a tax professional to determine the tax
implications of an investment in and payments received
under the
Policy.
•There is no additional tax benefit to you if the Policy is purchased
through a tax-qualified plan or individual retirement
account (IRA).
•Withdrawals will be subject to ordinary income tax, and may be
subject to tax penalties.
|
•Tax Issues
|
||
|
CONFLICTS OF INTEREST
|
Location in
Prospectus
|
||
Investment
Professional
Compensation
|
•Your registered representative may receive compensation for selling
the Policy to investors.
•These registered representatives may have a financial incentive to offer
or recommend the Policy over another investment for which
the
registered representative is not compensated (or
compensated less).
•Registered representatives may be eligible for certain cash and non-
cash benefits. Cash compensation includes bonuses and
allowances
based on factors such as sales, productivity and
persistency. Non-
cash compensation includes various recognition items such
as prizes
and awards as well as attendance at, and payment of the
costs
associated with attendance at, conferences, seminars and
recognition
trips, and also includes contributions to certain
individual plans such
as pension and medical plans.
|
•Distribution of
the Policies
and
Compensation
|
||
Exchanges
|
Some investment professionals may have a financial
incentive to offer
you a new contract in place of the one you already own.
You should only
exchange your Policy if you determine, after comparing
the features,
fees, and risks of both policies, that it is preferable
for you to purchase
the new policy rather than continue to own the existing
policy.
|
•Change of
Plan (located
in the SAI)
|
Charge
|
When Charge
is Deducted
|
Amount
Deducted
|
Maximum Sales Charge
Imposed on Premiums
(Load)
|
When you pay a Premium
|
As a percentage of the Premium
Payment paid:1
|
•XX% in all Policy Years
|
||
Premium Tax
|
When you pay a Premium
|
Inclusive of XX% charge for state
premium and federal tax obligations
|
Maximum Surrender
Charge (Load)*
|
When you take a Full Surrender or
reduce the Specified Amount2,3
|
•Maximum charge: $XX per $1,000 of
Specified Amount
|
•Maximum Charge for a
Representative Insured (female, age
45, standard, in year one): XX per
$1,000 of Specified Amount
|
||
Partial Surrender Fee
|
When a Partial Surrender is made
|
$XX per $1,000 withdrawn plus $XX
|
Transfer Fee
|
Applied to any transfer request in
excess of 24 made during any Policy
Year
|
$XX for each additional transfer
|
Charge
|
When Charge is Deducted
|
Amount Deducted
|
Base Contract Charges
|
||
Cost of Insurance*
|
Monthly
|
As a dollar amount per $1,000 of Net
Amount at Risk1:
|
•Maximum: $XX per $1,000
|
||
•Minimum: $XX per $1,000
|
||
•Maximum Charge for a
Representative Insured (female, age
45, standard non-tobacco, in year
one): XX per $1,000
|
||
Mortality and Expense Risk
Charge (“M&E”)
A percentage of the value
of the Separate Account
calculated monthly.
|
Monthly
|
Maximum of XX% (effective annual
rate)1
|
Maximum Asset Charge
A percentage of the value
of the Fixed Account and
Loan Account, calculated
monthly.
|
Monthly
|
Maximum of XX% (effective annual
rate)1
|
Administrative Fee*
|
Monthly
|
For a period of longer than XX Policy
Years or increase in Specified Amount,
a monthly fee per $1,000:
|
•Maximum: $XX per $1,000
|
||
•Minimum: $XX per $1,000
|
||
•Maximum Charge for a
Representative Insured (female, age
45, standard, non-tobacco): XX per
$1,000
|
Charge
|
When Charge is Deducted
|
Amount Deducted
|
Policy Loan Interest
|
Annually
|
A percentage of the amount held in the
Loan Account:2
|
•XX%
|
||
Optional Benefit Charges
|
||
Long-Term Care Benefits
Rider*
Base Charge Rate
|
Monthly
|
As a dollar amount per $1,000 of Base
LTC Limit Value:
|
•Maximum: $XX per $1,000
|
||
•Minimum: $XX per $1,000
|
||
•Maximum Charge for a
Representative Insured (male, age
45): $XX per $1,000
|
||
Long-Term Care Benefits
Rider*
Excess Charge Rate
|
Monthly
|
As a dollar amount per $1,000 of
highest LTC Limit Value minus Base
LTC Limit Value:
|
•Maximum: $XX per $1,000
|
||
•Minimum: $XX per $1,000
|
||
•Maximum Charge for a
Representative Insured (male, age
45): $XX per $1,000
|
||
Benefit Transfer Rider Loan
|
Annually
|
A percentage of the Loan balance
amount against the Rider’s Cash
Surrender Value:
|
•XX%
|
Annual Fund Expenses
|
Minimum
|
Maximum
|
(expenses are deducted from fund assets, including
management fees, distribution,
and/or 12b-1 fees, and other expenses)
|
XX%
|
XX%*
|
Policy Years 1 – 10
|
Effective Annual Rate: XX%
|
Policy Years 11 and beyond
|
Effective Annual Rate: XX%
|
Policy Years 1 – 10
|
Effective Annual Rate: XX%
|
Policy Years 11 and beyond
|
Effective Annual Rate: XX%
|
Name of Benefit
|
Purpose
|
Standard or
Optional
|
Brief Description of
Restrictions/Limitations
|
Long-Term Care
Benefits Rider
|
Provides benefit
payments for the
Indemnity Choice
Option, and/or to
reimburse expenses
incurred by the
Insured for Covered
Services.
|
Standard
|
•Amounts we pay and/or reimburse are subject to a
monthly maximum dollar amount each calendar
month.
•Availability is subject to underwriting criteria
(including age and state of health) at time of Policy
purchase only.
•The long-term care services must meet conditions of
the Rider to qualify for reimbursement.
|
Name of Benefit
|
Purpose
|
Standard or
Optional
|
Brief Description of
Restrictions/Limitations
|
Benefit Transfer
Rider
|
Provides
Beneficiary(ies) of an
Eligible Policy the
option to use all or a
portion of the Death
Benefit Proceeds as
a single premium to
purchase, without
underwriting Rider
Benefit.
|
Standard
|
•The Insured under this Policy must be the Beneficiary
of an Eligible Policy, and must make the election to
purchase Rider Benefit under this Rider at the time
they make their election of settlement option under
such Eligible Policy.
•The Insured under this Policy must be no less than
attained age 50 and no more than attained age 120 on
the Purchase Date.
•The LTC Benefit Limit under the Long-Term Care
Benefits Rider attached to the Policy must be greater
than zero on the Purchase Date.
•The Insured under this Policy must be living on the
Purchase Date.
|
Value Protection
Rider
|
Provides lapse
protection if certain
conditions are met.
Also provides a level
of protection against
market down turns
for accrued long-
term care benefits.
|
Standard
|
•Lapse protection is subject to meeting the Premium
Payment requirements of the No-Lapse Premium
Test.
•Maintaining Automatic Rebalancing on a quarterly
basis complying with the allocation requirements
described in the prospectus is required to keep this
rider in force.
|
Automatic
Rebalancing
|
To periodically
restore Sub-Account
exposure to a pre-
determined level
selected by the
policyholder to
reduce potential risk
of exposure to
market volatility.
|
Standard
|
•Must be active to maintain the Value Protection Rider
(see Riders).
•Is only available on a quarterly basis.
|
Dollar Cost
Averaging
|
An investment
strategy that divides
up the total amount
to be invested in one
or more Sub-
Accounts over a
specified period of
time. This averages
the purchase cost of
the assets over time
and helps to reduce
the potential impact
of market volatility.
|
Optional
|
•Available at Policy purchase only.
•In effect for 1st Policy Year or until funds are all
moved.
•Moves money from Fixed Account or Money Market
Sub-Account to other Sub-Accounts.
•Cannot move money to the same account money is
being taken from.
•Automatically moves to Automatic Rebalancing after
1st year.
|
Investment Objective
|
Fund and
Adviser/Sub-adviser1
|
Current Expenses
|
Average Annual Total
Returns (as of 12/31/2023)
|
||
|
|
|
1 year
|
5 year
|
10 year
|
Long-term growth of capital.
|
ClearBridge Variable Mid
Cap Portfolio - Class I
advised by Legg Mason
Partners Fund Advisor, LLC
|
XX%
|
XX%
|
XX%
|
XX%
|
Long-term capital appreciation.
|
Delaware VIP® Emerging
Markets Series - Standard
Class3
|
XX%2
|
XX%
|
XX%
|
XX%
|
Capital Appreciation.
|
Delaware VIP® Small Cap
Value Series - Standard
Class3
|
XX%
|
XX%
|
XX%
|
XX%
|
Long-term capital appreciation.
|
Fidelity® VIP Contrafund®
Portfolio - Initial Class
|
XX%
|
XX%
|
XX%
|
XX%
|
A balance between a high level of current
income and growth of capital, with an
emphasis on growth of capital. A fund of
funds.
|
LVIP American Balanced
Allocation Fund - Standard
Class
|
XX%2
|
XX%
|
XX%
|
XX%
|
A balance between a high level of current
income and growth of capital, with a
greater emphasis on growth of capital. A
fund of funds.
|
LVIP American Growth
Allocation Fund - Standard
Class
|
XX%2
|
XX%
|
XX%
|
XX%
|
A high level of current income with some
consideration given to growth of capital.
A fund of funds.
|
LVIP American Income
Allocation Fund - Standard
Class
|
XX%2
|
XX%
|
XX%
|
XX%
|
Capital Appreciation.
|
LVIP Baron Growth
Opportunities Fund -
Standard Class
|
XX%2
|
XX%
|
XX%
|
XX%
|
High total investment return.
|
LVIP BlackRock Global
Allocation Fund - Standard
Class
|
XX%2
|
XX%
|
XX%
|
XX%
|
Investment Objective
|
Fund and
Adviser/Sub-adviser1
|
Current Expenses
|
Average Annual Total
Returns (as of 12/31/
2023)
|
||
|
|
|
1 year
|
5 year
|
10 year
|
To maximize real return, consistent with
preservation of real capital and prudent
investment management.
|
LVIP BlackRock Inflation
Protected Bond Fund -
Standard Class
|
XX%
|
XX%
|
XX%
|
XX%
|
Total return through a combination of
current income and long-term capital
appreciation.
|
LVIP BlackRock Real Estate
Fund - Standard Class
|
XX%2
|
XX%
|
XX%
|
XX%
|
Maximum current income (yield)
consistent with a prudent investment
strategy.
|
LVIP Delaware Bond Fund -
Standard Class3
|
XX%
|
XX%
|
XX%
|
XX%
|
To maximize long-term capital
appreciation.
|
LVIP Delaware Mid Cap
Value Fund - Standard
Class3
|
XX%
|
XX%
|
XX%
|
XX%
|
To maximize long-term capital
appreciation.
|
LVIP Delaware Social
Awareness Fund -
Standard Class3
|
XX%
|
XX%
|
XX%
|
XX%
|
Long-term capital appreciation.
|
LVIP Dimensional
International Core Equity
Fund - Standard Class
|
XX%2
|
XX%
|
XX%
|
XX%
|
Long-term capital appreciation.
|
LVIP Dimensional U.S.
Core Equity 2 Fund -
Standard Class
|
XX%
|
XX%
|
XX%
|
XX%
|
Current income while (i)maintaining a
stable value of your shares (providing
stability of net asset value) and (ii)
preserving the value of your initial
investment (preservation of capital).
|
LVIP Government Money
Market Fund - Standard
Class
|
XX%
|
XX%
|
XX%
|
XX%
|
Current income and some capital
appreciation. A fund of funds.
|
LVIP JPMorgan Retirement
Income Fund - Standard
Class
|
XX%2
|
XX%
|
XX%
|
XX%
|
To provide investment results over a full
market cycle that, before fees and
expenses, are superior to an index that
tracks global equities.
|
LVIP Loomis Sayles Global
Growth Fund - Standard
Class
|
XX%
|
XX%
|
XX%
|
XX%
|
Long-term capital appreciation.
|
LVIP MFS International
Growth Fund - Standard
Class
|
XX%2
|
XX%
|
XX%
|
XX%
|
Capital Appreciation.
|
LVIP MFS Value Fund -
Standard Class
|
XX%2
|
XX%
|
XX%
|
XX%
|
Current income consistent with the
preservation of capital.
|
LVIP Mondrian Global
Income Fund - Standard
Class
|
XX%2
|
XX%
|
XX%
|
XX%
|
Investment Objective
|
Fund and
Adviser/Sub-adviser1
|
Current Expenses
|
Average Annual Total
Returns (as of 12/31/
2023)
|
||
|
|
|
1 year
|
5 year
|
10 year
|
Long-term capital appreciation as
measured by the change in the value of
fund shares over a period of three years
or longer.
|
LVIP Mondrian
International Value Fund -
Standard Class
|
XX%2
|
XX%
|
XX%
|
XX%
|
To seek a high level of current income
consistent with preservation of capital.
|
LVIP PIMCO Low Duration
Bond Fund - Standard
Class
|
XX%2
|
XX%
|
XX%
|
XX%
|
To match as closely as practicable, before
fees and expenses, the performance of
the Bloomberg U.S. Aggregate Index.
|
LVIP SSGA Bond Index
Fund - Standard Class
|
XX%2
|
XX%
|
XX%
|
XX%
|
A high level of current income, with some
consideration given to growth of capital.
A fund of funds.
|
LVIP SSGA Conservative
Index Allocation Fund -
Standard Class
|
XX%2
|
XX%
|
XX%
|
XX%
|
To provide investment results that, before
fees and expenses, correspond generally
to the total return of the MSCI Emerging
Markets Index that tracks performance of
emerging market equity securities.
|
LVIP SSGA Emerging
Markets Equity Index Fund
- Standard Class
|
XX%2
|
XX%
|
XX%
|
XX%
|
To approximate as closely as practicable,
before fees and expenses, the
performance of a broad market index of
non-U.S. foreign securities.
|
LVIP SSGA International
Index Fund - Standard
Class
|
XX%2
|
XX%
|
XX%
|
XX%
|
Seek to approximate as closely as
practicable, before fees and expenses, the
performance of a broad market index that
emphasizes stocks of mid-sized U.S.
companies.
|
LVIP SSGA Mid-Cap Index
Fund - Standard Class
|
XX%2
|
XX%
|
XX%
|
XX%
|
A balance between a high level of current
income and growth of capital, with a
greater emphasis on growth of capital. A
fund of funds.
|
LVIP SSGA Moderate Index
Allocation Fund - Standard
Class
|
XX%
|
XX%
|
XX%
|
XX%
|
A balance between high level of current
income and growth of capital, with a
greater emphasis on growth of capital. A
fund of funds.
|
LVIP SSGA Moderately
Aggressive Index
Allocation Fund - Standard
Class
|
XX%
|
XX%
|
XX%
|
XX%
|
To approximate as closely as practicable,
before fees and expenses, the total rate of
return of common stocks publicly traded
in the United States, as represented by
the S&P 500 Index.
|
LVIP SSGA S&P 500 Index
Fund - Standard Class4
|
XX%
|
XX%
|
XX%
|
XX%
|
Investment Objective
|
Fund and
Adviser/Sub-adviser1
|
Current Expenses
|
Average Annual Total
Returns (as of 12/31/
2023)
|
||
|
|
|
1 year
|
5 year
|
10 year
|
To provide investment results that, before
fees and expenses, correspond generally
to the price and yield performance of an
index that tracks the short-term U.S.
corporate bond market.
|
LVIP SSGA Short-Term
Bond Index Fund -
Standard Class
|
XX%2
|
XX%
|
XX%
|
XX%
|
To approximate as closely as practicable,
before fees and expenses, the
performance of the Russell 2000® Index,
which emphasizes stocks of small U.S.
companies.
|
LVIP SSGA Small-Cap
Index Fund - Standard
Class
|
XX%2
|
XX%
|
XX%
|
XX%
|
The highest total return over time
consistent with an emphasis on both
capital growth and income. A fund of
funds.
|
LVIP T. Rowe Price 2020
Fund - Standard Class
|
XX%2
|
XX%
|
XX%
|
XX%
|
The highest total return over time
consistent with an emphasis on both
capital growth and income. A fund of
funds.
|
LVIP T. Rowe Price 2030
Fund - Standard Class
|
XX%2
|
XX%
|
XX%
|
XX%
|
The highest total return over time
consistent with an emphasis on both
capital growth and income. A fund of
funds.
|
LVIP T. Rowe Price 2040
Fund - Standard Class
|
XX%2
|
XX%
|
XX%
|
XX%
|
The highest total return over time
consistent with an emphasis on both
capital growth and income. A fund of
funds.
|
LVIP T. Rowe Price 2050
Fund - Standard Class
|
XX%2
|
XX%
|
XX%
|
XX%
|
The highest total return over time
consistent with an emphasis on both
capital growth and income. A fund of
funds.
|
LVIP T. Rowe Price 2060
Fund - Standard Class
|
XX%2
|
XX%
|
XX%
|
XX%
|
To maximize capital appreciation.
|
LVIP T. Rowe Price
Structured Mid-Cap
Growth Fund - Standard
Class
|
XX%2
|
XX%
|
XX%
|
XX%
|
Long-term capital appreciation. A fund of
funds.
|
LVIP Vanguard Domestic
Equity ETF Fund - Standard
Class
|
XX%2
|
XX%
|
XX%
|
XX%
|
Long-term capital appreciation. A fund of
funds.
|
LVIP Vanguard
International Equity ETF
Fund - Standard Class
|
XX%2
|
XX%
|
XX%
|
XX%
|
Capital growth.
|
LVIP Wellington Capital
Growth Fund - Standard
Class
|
XX%2
|
XX%
|
XX%
|
XX%
|
Investment Objective
|
Fund and
Adviser/Sub-adviser1
|
Current Expenses
|
Average Annual Total
Returns (as of 12/31/
2023)
|
||
|
|
|
1 year
|
5 year
|
10 year
|
Capital Appreciation.
|
MFS® VIT II Core Equity
Portfolio - Initial Class
|
XX%2
|
XX%
|
XX%
|
XX%
|
Capital Appreciation.
|
MFS® VIT New Discovery
Series - Initial Class
|
XX%2
|
XX%
|
XX%
|
XX%
|
Balanced investment composed of a well-
diversified portfolio of stocks and bonds
which produce both capital growth and
current income.
|
Putnam VT George Putnam
Balanced Fund - Class IA
|
XX%
|
XX%
|
XX%
|
XX%
|
Income and capital appreciation. A fund
of funds.
|
TOPS® Balanced ETF
Portfolio - Service Class
Shares
advised by Valmark
Advisers, Inc.
|
XX%
|
XX%
|
XX%
|
XX%
|
Capital Appreciation. A fund of funds.
|
TOPS® Moderate Growth
ETF Portfolio - Service
Class Shares
advised by Valmark
Advisers, Inc.
|
XX%
|
XX%
|
XX%
|
XX%
|
Tier 1
No restrictions or requirements exist on
Tier 1 Sub-Accounts or in the Fixed
Account if the total investment in Tier 3 is
zero. If there any investments in Tier 3,
then investments in Tier 1 Sub-Accounts
and/or in the Fixed Account must account
for at least 20% of the Accumulation
Value.
|
Tier 2
No restrictions or requirements exist on
Tier 2 Sub-Accounts.
|
Tier 3
Any investment in any Tier 3 Sub-Accounts
activates the 20% requirement in the Tier 1
Sub-Accounts and/or the Fixed Account.
|
•LVIP BlackRock Inflation Protected Bond
Fund
•LVIP Delaware Bond Fund
•LVIP Government Money Market Fund
•LVIP Mondrian Global Income Fund
•LVIP PIMCO Low Duration Bond Fund
•LVIP SSGA Bond Index Fund
•LVIP SSGA Short-Term Bond Index Fund
|
•LVIP American Balanced Allocation Fund
•LVIP American Growth Allocation Fund
•LVIP American Income Allocation Fund
•LVIP BlackRock Global Allocation Fund
•LVIP JPMorgan Retirement Income Fund
•LVIP SSGA Conservative Index Allocation
Fund
•LVIP SSGA Moderate Index Allocation
Fund
•LVIP SSGA Moderately Aggressive Index
Allocation Fund
•LVIP T. Rowe Price 2020 Fund
•LVIP T. Rowe Price 2030 Fund
•LVIP T. Rowe Price 2040 Fund
•LVIP T. Rowe Price 2050 Fund
•LVIP T. Rowe Price 2060 Fund
•Putnam VT George Putnam Balanced
Fund
•TOPS® Balanced ETF Portfolio
•TOPS® Moderate Growth ETF Portfolio
|
•ClearBridge Variable Mid Cap Portfolio
•Delaware VIP Emerging Markets Series
•Delaware VIP Small Cap Value Series
•Fidelity® VIP Contrafund® Portfolio
•LVIP Baron Growth Opportunities Fund
•LVIP BlackRock Real Estate Fund
•LVIP Delaware Mid Cap Value Fund
•LVIP Delaware Social Awareness Fund
•LVIP Dimensional International Core
Equity Fund
•LVIP Dimensional U.S. Core Equity 2
Fund
•LVIP Loomis Sayles Global Growth Fund
•LVIP MFS International Growth Fund
•LVIP MFS Value Fund
•LVIP Mondrian International Value Fund
•LVIP SSGA Emerging Markets Equity
Index Fund
•LVIP SSGA International Index Fund
•LVIP SSGA Mid-Cap Index Fund
•LVIP SSGA S&P 500 Index Fund
•LVIP SSGA Small Cap Index Fund
•LVIP T. Rowe Price Structured Mid-Cap
Growth Fund
•LVIP Vanguard Domestic Equity ETF Fund
•LVIP Vanguard International Equity ETF
Fund
•LVIP Wellington Capital Growth Fund
•MFS® VIT New Discovery Series
•MFS® VIT II Core Equity Portfolio
|
Where:
|
P = a hypothetical initial purchase payment of $1,000
|
|
T = average annual total return for the period in question
|
|
n = number of years
|
|
ERV = ending redeemable value (as of the end of the period in question) of a hypothetical $1,000 purchase
payment made at the beginning of the 1-year, 3-year, 5-year, or 10-year period in question (or fractional
period
thereof)
|
Name
|
Positions and Offices with Depositor
|
Executive Vice President, General Counsel and Director
|
|
Executive Vice President, Chief Investment Officer and Director
|
|
Senior Vice President and Chief Accounting Officer
|
|
President and Director
|
|
Stephen B. Harris*
|
Senior Vice President and Chief Ethics and Compliance Officer
|
Shantanu Mishra*
|
Senior Vice President and Treasurer
|
Executive Vice President, Chief Financial Officer and Director
|
|
Nancy A. Smith*
|
Senior Vice President and Secretary
|
Joseph D. Spada**
|
Vice President and Chief Compliance Officer for Separate Accounts
|
Assistant Vice President and Director
|
Name
|
Positions and Offices with Underwriter
|
Jason M. Gibson*
|
Vice President and Chief Compliance Officer
|
Claire H. Hanna**
|
Secretary
|
John C. Kennedy**
|
President, Chief Executive Officer and Director
|
Shantanu Mishra**
|
Senior Vice President and Treasurer
|
Jared M. Nepa**
|
Senior Vice President and Director
|
Thomas P. O’Neill**
|
Senior Vice President, Chief Operating Officer and Head of Financial
Institutions Group
|
Timothy J. Seifert Sr**
|
Senior Vice President and Director
|
Signature
|
Title
|
_____________________________
|
President and Director
|
_____________________________
|
Executive Vice President, Chief Financial Officer and Director
|
_____________________________
|
Executive Vice President, General Counsel and Director
|
_____________________________
|
Assistant Vice President and Director
|
_____________________________
|
Executive Vice President, Chief Investment Officer and Director
|
_____________________________
|
Senior Vice President and Chief Accounting Officer
|
This ‘N-6’ Filing | Date | Other Filings | ||
---|---|---|---|---|
Filed on: | 2/9/24 | |||
1/19/24 | ||||
12/31/23 | ||||
1/1/21 | ||||
12/27/20 | ||||
12/31/18 | 24F-2NT, N-CEN | |||
12/22/17 | ||||
12/31/12 | 24F-2NT, NSAR-U | |||
8/17/06 | ||||
12/2/97 | ||||
6/8/97 | ||||
List all Filings |