DEFA14A 1 d838442ddefa14a.htm DEFA14A DEFA14A

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 14A

Proxy Statement Pursuant to Section 14(a) of the

Securities Exchange Act of 1934

 

 

Filed by the Registrant  ☒                            Filed by a Party other than the Registrant  ☐

Check the appropriate box:

 

  Preliminary Proxy Statement.
  Confidential, for use of the Commission Only (as permitted by Rule 14a-6(e)(2)).
  Definitive Proxy Statement.
  Definitive Additional Materials.
  Soliciting Material Pursuant to Sec. 240.14a-12.

Anchor Series Trust

(Name of Registrant as Specified in its Charter)

N/A

(Name of Person(s) Filing Proxy Statement, if Other Than the Registrant)

Payment Of Filing Fee (Check the appropriate box):

  No fee required.
  Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.
  1)  

Title of each class of securities to which transaction applies:

 

     

  2)  

Aggregate number of securities to which transaction applies:

 

     

  3)  

Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):

 

     

  4)  

Proposed maximum aggregate value of transaction:

 

     

  5)  

Total fee paid:

 

     

  Fee paid previously with preliminary materials
  Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the form or schedule and the date of its filing.
  1)  

Amount Previously Paid:

 

     

  2)  

Form, Schedule or Registration Statement No.:

 

     

  3)  

Filing Party:

 

     

  4)  

Date Filed

 

     

 

 

 


Announcement

SA BlackRock Multi-Asset Income Fund

Closure and Liquidation

General Specifications

What’s new?   

The SA BlackRock Multi-Asset Income Portfolio (the “Portfolio”), a series of Anchor Series Trust (the “Trust”) will no longer be available for investment to prospectively issued contracts effective 11/11/19. The Portfolio remains available for existing policyholders for subpays and trades. The Portfolio will be liquidated on or about 1/31/2020. Any remaining assets in the Portfolio as of the liquidation date will be moved into the replacement fund, the Goldman Sachs Government Money Market Fund, a series of Goldman Sachs Variable Insurance Trust.

Effective date:   

11/11/2019

 

             
Product Impacted:       Beneficiary Payout / NY    Polaris Preferred Solution / NY    
        Beneficiary Payout P / NY    Polaris Select Investor / NY    
                     Polaris Advisory    Polaris Select Investor C-Share / NY    
        Polaris Choice IV / NY    ICAP / NY    
        Polaris Platinum Elite    ICAP Group    
        Polaris Platinum III / NY    UR Plus    
                           
What needs to be done?   

Investments must be traded out of the Portfolio by the 1/31/20 liquidation effective date. The policy owner can do this by submitting a completed transfer form to the Annuity Service Center or by calling in their trade instructions.

 

If trade instructions are not provided by 1/30/20, any amounts invested in the liquidated funds will be moved to the Goldman Sachs Government Money Market Fund.

 

Communication plan   

10/11/19 Mailings

·   A Trust Supplement has been mailed to all policy owners who have access to the Portfolio (invested or not)

11/25/19 - 12/6/19 Mailing

·   A Proxy Statement and Voting Instruction Card will be mailed to contract holders invested in the Portfolio as of record date of 10/31/19.


What about special programs (DCA, Future Allocations, AARP)?   

Any special program allocation to the Portfolio will be changed to Goldman Sachs Government Money Market Fund on or after January 31, 2020, unless the Portfolio received direction from the client or agent for alternative funds prior to January 31, 2020.

 

Where can I locate the Goldman Sachs Government Money Market Fund details?   

Performance and fund specifics with respect to the Goldman Sachs Government Money Market Fund are available in disclosure documents of the Goldman Sachs Variable Insurance Trust for products currently offering this fund. Information can be located on the website.

 

Click here to view steps to access the fund prospectus.

 

Is system support in place?   

On 11/11/19, the Portfolio is no longer available for investment for prospectively issued contracts.

 

·   Portfolio still available for existing contract holders; subpays and trades available until the liquidation date of 1/31/20

·   Portfolio removed from Order Entry Systems and hard copy applications.

Where can contract owners get more information about the proxy?   

Contact Computershare at 888-456-7087

 

For additional information

 

  

Contact your manager

 

 

    Issued: 10/24/19             For Internal Use Only    Training Team Job Aid 1019-7R    

Page 2

The information presented in this job aid is considered to be accurate as of the time of

publication. However, modifications or updates that occur after publication may not be  reflected.

For questions, please see your manager.


LOGO

 

Anchor Series Trust WO # 30990 - TOUCH-TONE TELEPHONE VOTING SCRIPT
                                                     ** PROXY CARD **                             IVR Revision 12/03/19

 

Control Number                                     Security Code                    Fund Name

990-9999-9001-099                                     9999 9999                   SA BlackRock Multi-Asset Income Portfolio

 
WHEN CONNECTED TO OUR TOUCH TONE VOTING SYSTEM ACCESSED VIA OUR TOLL-FREE # 1-800-337-3503, THE SHAREHOLDER HEARS:
 
THE INITIAL PROMPT:
“Thank you for calling the proxy voting line.
Before you can vote, I’ll need to validate some information from your proxy card or meeting notice.
On your card or notice there’s a shaded box with a 14 digit number inside. Please enter that number now.”
 
AFTER THE SHAREHOLDER ENTERS THEIR 14 DIGIT CONTROL NUMBER, HE/SHE HEARS:
“Next, located in the un-shaded box is an 8 digit number. Please enter this number now.”
 
THEN YOU HEAR:
“Thank you. Please hold while I validate those numbers.”
 
IF VALID CODES WERE ENTERED, THE SHAREHOLDER WILL HEAR THE FOLLOWING GENERIC SPEECH:
“Okay, you’ll be voting your shares for the upcoming proxy meeting. The Board Recommends a vote “FOR” the proposal.”
 
IF THE CUSTOM GREETING IS APPROVED, THE SHAREHOLDER WILL HEAR THE FOLLOWING CUSTOM SPEECH:
“Okay, you’ll be voting your proxy for SA BLACKROCK MULTI-ASSET INCOME PORTFOLIO. The Board Recommends a vote “FOR” the proposal.”
 
IF THERE IS A PRIOR VOTE IN THE SYSTEM FOR THE CONTROL NUMBER ENTERED YOU HEAR:
“ I see that you’ve already voted. If you don’t want to change your vote you can just hang-up. Otherwise, remain on the line and I’ll take you through the voting process again...”
 
IF THERE IS NO PRIOR VOTE, THE FOLLOWING IS HEARD:
“I’m about to take you through the voting process. Please keep your voting card or meeting notice in front of you to follow along. Okay, let’s begin...”
THEN, MATCHING THE SHAREHOLDER’S PROXY CARD, THEY WILL BE PROMPTED FOR VOTING AS FOLLOWS:
“PROPOSAL 1 :    “To vote FOR Press 1;    AGAINST Press 2;    Or to ABSTAIN Press 3”
 
WHEN THE SHAREHOLDER HAS COMPLETED VOTING ON THE PROPOSALS, HE/SHE WILL HEAR:
“Okay, you’ve finished voting but your vote has not yet been recorded.”
“To hear a summary of how you voted, press 1; To record your vote, Press 2.”
 
IF THE SHAREHOLDER PRESSES 1, TO HEAR A SUMMARY OF THEIR VOTES, HE/SHE WILL HEAR:
“Please note your vote will be cast automatically should you decide to hang up during the summary.”
“You’ve elected to vote as follows...” [THEN A PLAYBACK OF THE VOTES COLLECTED FOR EACH PROPOSAL IS HEARD]
AFTER THE VOTE PLAYBACK, THE SHAREHOLDER HEARS:
“If this is correct, press 1; Otherwise, press 2. If you’d like to hear the information again press # (pound).”
 
IF THE CALLER CHOOSES TO RECORD THEIR VOTE (EITHER BEFORE OR AFTER THE SUMMARY IS HEARD), THEY HEAR:
“(Okay) Please hold while I record your vote.”
THEN THEY HEAR:
“Your vote has been recorded. It’s not necessary for you to mail in your proxy card or meeting notice.
I’m now going to end this call unless you have another proxy card or meeting notice to vote or you want to change your vote. If you need to vote again, press one now.”
 
IF THE SHAREHOLDER PRESSES 2, INDICATING AN INCORRECT VOTE, HE/SHE WILL HEAR:
 
“Okay, lets change your vote.” [The system then prompts the voting options again.]
 
AFTER THE SHAREHOLDER’S VOTE IS RECORDED, IF THEY ELECT TO VOTE ANOTHER PROXY, HE/SHE HEARS:
“Before you can vote, I’ll need to validate some information from your proxy card or meeting notice. On your card or notice there’s a shaded box with a 14 digit number inside. Please enter that number now.”
 
IF THE SHAREHOLDER ELECTS TO END THE CALL, HE/SHE WILL HEAR:
“Thank you for voting, goodbye.”

 


LOGO

 

Anchor Series Trust WO # 30990 - TOUCH-TONE TELEPHONE VOTING SCRIPT
                                                     ** VOTING INSTRUCTION CARD **                             IVR Revision 12/03/19

 

Control Number                                     Security Code                    Fund Name

990-9999-9001-099                                     9999 9999                   SA BlackRock Multi-Asset Income Portfolio

 
WHEN CONNECTED TO OUR TOUCH TONE VOTING SYSTEM ACCESSED VIA OUR TOLL-FREE # 1-866-298-8476, THE SHAREHOLDER HEARS:
 
THE INITIAL PROMPT:
“Thank you for calling the proxy voting line.
Before you can vote, I’ll need to validate some information from your voting instruction card or meeting notice.
On your card or notice there’s a shaded box with a 14 digit number inside. Please enter that number now.”
 
AFTER THE SHAREHOLDER ENTERS THEIR 14 DIGIT CONTROL NUMBER, HE/SHE HEARS:
“Next, located in the un-shaded box is an 8 digit number. Please enter this number now.”
 
THEN YOU HEAR:
“Thank you. Please hold while I validate those numbers.”
 
IF VALID CODES WERE ENTERED, THE SHAREHOLDER WILL HEAR THE FOLLOWING GENERIC SPEECH:
“Okay, you’ll be voting your shares for the upcoming proxy meeting. The Board Recommends a vote “FOR” the proposal.”
 
IF THE CUSTOM GREETING IS APPROVED, THE SHAREHOLDER WILL HEAR THE FOLLOWING CUSTOM SPEECH:

Okay, you’ll be voting your proxy for SA BLACKROCK MULTI-ASSET INCOME PORTFOLIO. The Board Recommends a vote FOR” the proposal.”

 

 
IF THERE IS A PRIOR VOTE IN THE SYSTEM FOR THE CONTROL NUMBER ENTERED YOU HEAR:
“ I see that you’ve already voted. If you don’t want to change your vote you can just hang-up. Otherwise, remain on the line and I’ll take you through the voting process again...”
 
IF THERE IS NO PRIOR VOTE, THE FOLLOWING IS HEARD:
“I’m about to take you through the voting process. Please keep your voting card or meeting notice in front of you to follow along. Okay, let’s begin...”
THEN MATCHING THE SHAREHOLDER’S VOTING INSTRUCTION CARD, THEY WILL BE PROMPTED TO VOTE ON THE PROPOSAL:
 
PROPOSAL 1:    To vote FOR Press 1;    AGAINST Press 2;    Or to ABSTAIN Press 3
WHEN THE SHAREHOLDER HAS COMPLETED VOTING ON THE PROPOSAL, HE/SHE WILL HEAR:
“Okay, you’ve finished voting but your vote has not yet been recorded.”
“To hear a summary of how you voted, press 1; To record your vote, Press 2.”
 
IF THE SHAREHOLDER PRESSES 1, TO HEAR A SUMMARY OF THEIR VOTES, HE/SHE WILL HEAR:
“Please note your vote will be cast automatically should you decide to hang up during the summary.”
“You’ve elected to vote as follows...” [THEN A PLAYBACK OF THE VOTES COLLECTED FOR EACH PROPOSAL IS HEARD]
AFTER THE VOTE PLAYBACK, THE SHAREHOLDER HEARS:
“If this is correct, press 1; Otherwise, press 2. If you’d like to hear the information again press # (pound).”
 
IF THE CALLER CHOOSES TO RECORD THEIR VOTE (EITHER BEFORE OR AFTER THE SUMMARY IS HEARD), THEY HEAR:
“(Okay) Please hold while I record your vote.”
THEN THEY HEAR:
“Your vote has been recorded. It’s not necessary for you to mail in your voting instruction card or meeting notice.
I’m now going to end this call unless you have another voting instruction card or meeting notice to vote or you want to change your vote. If you need to vote again, press one now.”
 
IF THE SHAREHOLDER PRESSES 2, INDICATING AN INCORRECT VOTE, HE/SHE WILL HEAR:
“Okay, lets change your vote.” [The system then prompts the voting options again.]
 
AFTER THE SHAREHOLDER’S VOTE IS RECORDED, IF THEY ELECT TO VOTE ANOTHER PROXY, HE/SHE HEARS:
“Before you can vote, I’ll need to validate some information from your voting instruction card or meeting notice. On your card or notice there’s a shaded box with a 14 digit number inside. Please enter that number now.”
 
IF THE SHAREHOLDER ELECTS TO END THE CALL, HE/SHE WILL HEAR:
“Thank you for voting, goodbye.”