How do I know if my fund will be affected by the transaction?
A list of affected funds appears in Table A on page 3, which includes fund symbols and CUSIPs.
Do I need to do something?
As a shareholder of fund as of the close of business on August 19, 2024 (the “Record Date”), you are entitled to notice of, and to vote at, the Special Meeting. As such, you will receive a Proxy Statement/Prospectus as well as a voting instruction card or proxy card. We request that you complete, date, and sign the enclosed voting instruction card or proxy card, and that completed voting instruction cards and proxy cards be returned promptly in the envelope provided for that purpose. The voting instruction card or proxy card also provides instructions for voting via telephone or the Internet if you wish to take advantage of these voting options. Shareholders may also vote by attending the Special Meeting. You may receive separate voting instruction cards or proxy cards if you own shares of a fund through or in more than one account. You should vote each card received. Shareholders may revoke voting instructions prior to the Special Meeting by timely executing and submitting a revised voting instruction card or proxy card (following the methods noted above), respectively, by giving written notice of revocation to the Secretary of fund (for direct owners of a fund) or to the applicable Participating Insurance Company (for Policy Owners) prior to the Special Meeting (or earlier deadline established by the Participating Insurance Company), or by voting in person at the Special Meeting. However, attendance in-person at the Special Meeting, by itself, will not revoke previously-tendered voting instructions or proxies. We encourage you to carefully review the Proxy Statement/
Prospectus which includes more information about the proposed reorganization, including potential tax consequences.
Shareholders may cast their vote in one of three ways: 1) Mail, 2) Online, or 3) Phone.
MAIL your signed and voted Proxy back in the postage paid envelope provided.
ONLINE please refer to your proxy voting form for the website and enter the Proxy control number. (Registered and beneficial owners vote on different sites)
TOUCHTONE when you dial toll-free (888) 227-9349 to reach an automated touchtone voting line.
Retail Funds: By phone with a live operator when you call toll-free (866) 864-7964 Monday through Friday 9 a.m. to 10 p.m. Eastern time.
VA Funds: By phone with a live operator when you call toll-free (800) 290-6433 Monday through Friday 9 a.m. to 10 p.m. Eastern time.
Will CUSIPS, fund symbols and fund IDs change for the funds being reorganized?
Prior to the closing of the fund reorganizations, fund names, symbols, and CUSIPs will not change. After the closing of the reorganizations, you will receive shares of your fund’s corresponding New Age Alpha fund. Each New Age Alpha fund will have a different name and CUSIP. (Please refer to the table at the end of this document for details.) Omnibus account numbers will be addressed in Q3 by New Age Alpha Advisors. The fund symbols and tax ID numbers for each fund will remain unchanged after the reorganization, with the exception of the four funds that are merging into the New Age Alpha Large Cap Value Fund.
Will the variable insurance funds (“VITs”) continue to be offered through Security Benefit Life and Nationwide after the reorganizations?
New Age Alpha intends to establish participation agreements with Security Benefit Life, Nationwide, and other participating insurance companies to provide for a smooth transition for these firms and their clients, including by providing for the continued availability of the VITs.
Will Series E (Total Return Bond Series), F (Floating Rate Strategies Series) and P (High Yield Series) remain in place?
Yes. Those funds are not affected by the sale of Guggenheim Investments’ actively managed equity funds business.
