EX-99.(A)(11) 2 d181402dex99a11.htm AMENDED AND RESTATED ESTABLISHMENT AND DESIGNATION OF SERIES DATED MAY 25, 2021 Amended and Restated Establishment and Designation of Series dated May 25, 2021

Exhibit (a)(11)

SunAmerica Series Trust

Amended and Restated Establishment and Designation of Series

WHEREAS, the Trust adopted an Amended and Restated Declaration of Trust as of December 1, 2016 (the “Declaration”);

WHEREAS, the Trustees of the Trust, acting pursuant to the Declaration of Trust as then in effect, have heretofore divided the shares of beneficial interest in the Trust, without par value (the “Shares”) into fifty series, as set forth on Schedule A to the Declaration (each a “Series” and collectively, the “Series”);

WHEREAS, the Trustees of the Trust, at a meeting held on October 5, 2016, authorized the change in the name of the Equity Index Portfolio to the SA Large Cap Index Portfolio, effective as of February 6, 2017;

WHEREAS, the Trustees of the Trust, at a meeting held on March 23, 2017, authorized the establishment of the following additional Series of the Trust:

SA Legg Mason Tactical Opportunities Portfolio;

WHEREAS, the Trustees of the Trust, at a meeting held on June 13, 2017, authorized the establishment of the following additional four Series of the Trust

SA Fixed Income Intermediate Index Portfolio

SA Goldman Sachs Multi-Asset Insights Portfolio

SA T. Rowe Price Asset Allocation Growth Portfolio

SA VCP Index Allocation Portfolio

and authorized the change in the name of several Series of the Trust as follows, effective as of October 9, 2017:

 

Prior Series Name    New Series Name
Small & Mid Cap Value Portfolio    SA AB Small & Mid Cap Value Portfolio
American Funds Asset Allocation SAST Portfolio    SA American Funds Asset Allocation Portfolio
American Funds Global Growth SAST Portfolio    SA American Funds Global Growth Portfolio
American Funds Growth SAST Portfolio    SA American Funds Growth Portfolio
American Funds Growth-Income SAST Portfolio    SA American Funds Growth-Income Portfolio
VCP Managed Asset Allocation SAST Portfolio    SA American Funds VCP Managed Asset Allocation Portfolio
Blue Chip Growth Portfolio    SA Blue Chip Growth Portfolio
Capital Growth Portfolio    SA Boston Company Capital Growth Portfolio
Technology Portfolio    SA Columbia Technology Portfolio
Ultra Short Bond Portfolio    SA DFA Ultra Short Bond Portfolio
Dogs of Wall Street Portfolio    SA Dogs of Wall Street Portfolio
Corporate Bond Portfolio    SA Federated Corporate Bond Portfolio
Real Estate Portfolio    SA Pyramis® Real Estate Portfolio
Foreign Value Portfolio    SA Franklin Foreign Value Portfolio
Small Company Value Portfolio    SA Franklin Small Company Value Portfolio
Global Bond Portfolio    SA Goldman Sachs Global Bond Portfolio
Growth Opportunities Portfolio    SA Invesco Growth Opportunities Portfolio

VCP Value Portfolio    SA Invesco VCP Equity-Income Portfolio
Balanced Portfolio    SA JPMorgan Balanced Portfolio
Emerging Markets Portfolio    SA JPMorgan Emerging Markets Portfolio
Global Equities Portfolio    SA JPMorgan Global Equities Portfolio
Growth-Income Portfolio    SA JPMorgan Equity-Income Portfolio
Mid-Cap Growth Portfolio    SA JPMorgan Mid-Cap Growth Portfolio
Telecom Utility Portfolio    SA MFS Telecom Utility Portfolio
International Diversified Equities Portfolio    SA Morgan Stanley International Equities Portfolio
Equity Opportunities Portfolio    SA Oppenheimer Main Street Large Cap Portfolio
VCP Total Return Balanced Portfolio    SA PIMCO VCP Tactical Balanced Portfolio
High-Yield Bond Portfolio    SA PineBridge High-Yield Bond Portfolio
International Growth and Income Portfolio    SA Putnam International Growth and Income Portfolio
SunAmerica Dynamic Allocation Portfolio    SA VCP Dynamic Allocation Portfolio
SunAmerica Dynamic Strategy Portfolio    SA VCP Dynamic Strategy Portfolio
Aggressive Growth Portfolio    SA Wells Capital Aggressive Growth Portfolio
Fundamental Growth Portfolio    SA Wells Capital Fundamental Growth Portfolio

WHEREAS, the Trustees of the Trust, at a meeting held on November 29, 2017, authorized the establishment and designation of the following six additional Series of the Trust:

SA Large Cap Growth Index Portfolio

SA Large Cap Value Index Portfolio

SA Emerging Markets Equity Index Portfolio

SA Global Index Allocation 90/10 Portfolio

SA Global Index Allocation 75/25 Portfolio

SA Global Index Allocation 60/40 Portfolio

and further authorized the changes in the names of several series of the Trust to correct scrivener’s errors in the prior designation as follows:

 

  Prior Designation    Corrected Name
  SA Blue Chip Growth Portfolio    SA MFS Blue Chip Growth Portfolio
           SA Wells Capital Aggressive Growth Portfolio    SA WellsCap Aggressive Growth Portfolio
  SA Wells Capital Fundamental Growth Portfolio    SA WellsCap Fundamental Growth Portfolio

WHEREAS, the Trustees of the Trust, at a meeting held on November 29, 2017, authorized the change in the name of the following series of the Trust, effective as of May 1, 2018, as follows:

 

  Prior Series Name    New Series Name
           SA JPMorgan Balanced Portfolio    SA JPMorgan Diversified Balanced Portfolio

WHEREAS, the Trustees of the Trust, at a meeting held on March 27, 2018, authorized the changes in the names of two series of the Trust, effective as of May l, 2018, as follows:

 

  Prior Series Name    New Series Name
           SA Franklin Foreign Value Portfolio    SA Templeton Foreign Value Portfolio
  SA Pyramis® Real Estate Portfolio    SA Fidelity Institutional AM® Real Estate Portfolio

 

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WHEREAS, the Trustees of the Trust, at a meeting held on June 13, 2018, approved the reorganization of each of the following series of the Trust (each, a “Target Series”) into another existing series of the Trust as set forth below (each, an “Acquiring Series”), the shareholders of each such Target Series approved the proposed reorganization on September 20, 2018, and each reorganization resulting in the dissolution and liquidation of such Target Series occurred on October 15, 2018, as follows:

 

  Target Series    Acquiring Series
           SA MFS Telecom Utility Portfolio    SA Legg Mason BW Large Cap Value Portfolio
  SA Boston Company Capital Growth Portfolio    SA AB Growth Portfolio
  SA WellsCap Fundamental Growth Portfolio    SA AB Growth Portfolio

WHEREAS, the Trustees of the Trust, at a meeting held on October 10, 2018, authorized the change in the name of the following series of the Trust, effective as of December 14, 2018, or such other date as determined by the officers of the Trust, as follows:

 

  Prior Series Name    New Series Name
          

SA American Funds® VCP Managed Asset Allocation Portfolio

   

SA American Funds VCP Managed Allocation Portfolio

WHEREAS, the Trustees of the Trust, at a meeting held on November 29, 2018, authorized the establishment of the following additional Series of the Trust:

SA Fidelity Institutional AM® International Growth Portfolio.

WHEREAS, the Trustees of the Trust, at a meeting held on June 11, 2019, authorized the establishment of the following additional Series of the Trust:

SA Franklin U.S. Equity Smart Beta Portfolio.

WHEREAS, the Trustees of the Trust, at a meeting held on March 26, 2020, authorized the establishment of the following additional Series of the Trust:

SA BlackRock Multi-Factor 70/30 Portfolio.

WHEREAS, the Trustees of the Trust, by a written consent dated April 14, 2020, authorized the change in the name of the SA Federated Corporate Bond Portfolio to the SA Federated Hermes Corporate Bond Portfolio, effective as of April 29, 2020, or such other date as determined by the officers of the Trust;

WHEREAS, the Trustees of the Trust, at a meeting held on October 7, 2020, authorized the change in the name of the following series of the Trust, effective as of October 13, 2020, or such other date as determined by the officers of the Trust, as follows:

 

  Prior Series Name    New Series Name
           SA Oppenheimer Main Street Large Cap Portfolio    SA Invesco Main Street Large Cap Portfolio
  SA Templeton Foreign Value Portfolio    SA PIMCO RAE International Value Portfolio

 

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WHEREAS, the Trustees of the Trust, at a meeting held on December 3, 2020, approved the reorganization of the SA Invesco VCP Equity-Income Portfolio into the SA VCP Dynamic Strategy Portfolio, and the reorganization resulting in the dissolution and liquidation of the SA Invesco VCP Equity-Income Portfolio occurred on May 3, 2021;

WHEREAS, the Trustees of the Trust, at a meeting held on March 17, 2021, authorized the change in the name of the following series of the Trust, effective as of May 3, 2021, or such other date as determined by the officers of the Trust, as follows:

 

  Prior Series Name    New Series Name
          

SA Dogs of Wall Street Portfolio

   

SA Franklin Systematic U.S. Large Cap Value Portfolio

 

SA Legg Mason BW Large Cap Value Portfolio

   

SA Franklin BW U.S. Large Cap Value Portfolio

 

SA Legg Mason Tactical Opportunities Portfolio

   

SA Franklin Tactical Opportunities Portfolio

WHEREAS, the Trustees of the Trust, at a meeting held on May 12, 2021, authorized the establishment of the following additional Series of the Trust:

SA Wellington Capital Appreciation Portfolio

SA Wellington Government and Quality Bond Portfolio

SA Wellington Strategic Multi-Asset Portfolio

NOW THEREFORE, the designation is hereby amended and restated in its entirety to incorporate the actions of the Trustees of the Trust taken at a meeting of the Trustees on May 12, 2021, and the undersigned does hereby certify that, following the actions referenced above, the following Series of the Trust are established with such relative rights, preferences, privileges, limitations, restrictions and other relative terms as are set forth below:

 

  

1.   SA AB Growth Portfolio

2.   SA AB Small & Mid Cap Value Portfolio

3.   SA American Funds Asset Allocation Portfolio

4.   SA American Funds Global Growth Portfolio

5.   SA American Funds Growth Portfolio

6.   SA American Funds Growth-Income Portfolio

7.   SA American Funds VCP Managed Allocation Portfolio

8.   SA BlackRock Multi-Factor 70/30 Portfolio

9.   SA Blackrock VCP Global Multi Asset Income Portfolio

10. SA Columbia Technology Portfolio

11. SA DFA Ultra Short Bond Portfolio

12. SA Emerging Markets Equity Index Portfolio

13. SA Federated Hermes Corporate Bond Portfolio

14. SA Fidelity Institutional AM® International Growth Portfolio

15. SA Fidelity Institutional AM® Real Estate Portfolio

16. SA Fixed Income Index Portfolio

17. SA Fixed Income Intermediate Index Portfolio

18. SA Franklin BW Large Cap Value Portfolio

   

 

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19. SA Franklin Small Company Value Portfolio

20. SA Franklin Systematic U.S. Large Cap Value Portfolio

21. SA Franklin Tactical Opportunities Portfolio

22. SA Franklin U.S. Equity Smart Beta Portfolio

23. SA Global Index Allocation 60/40 Portfolio

24. SA Global Index Allocation 75/25 Portfolio

25. SA Global Index Allocation 90/10 Portfolio

26. SA Goldman Sachs Global Bond Portfolio

27. SA Goldman Sachs Multi-Asset Insights Portfolio

28. SA Index Allocation 60/40 Portfolio

29. SA Index Allocation 80/20 Portfolio

30. SA Index Allocation 90/10 Portfolio

31. SA International Index Portfolio

32. SA Invesco Growth Opportunities Portfolio

33. SA Invesco Main Street Large Cap Portfolio

34. SA Janus Focused Growth Portfolio

35. SA JPMorgan Diversified Balanced Portfolio

36. SA JPMorgan Emerging Markets Portfolio

37. SA JPMorgan Equity-Income Portfolio

38. SA JPMorgan Global Equities Portfolio

39. SA JPMorgan MFS Core Bond Portfolio

40. SA JPMorgan Mid-Cap Growth Portfolio

41. SA Large Cap Growth Index Portfolio

42. SA Large Cap Index Portfolio

43. SA Large Cap Value Index Portfolio

44. SA MFS Blue Chip Growth Portfolio

45. SA MFS Massachusetts Investors Trust Portfolio

46. SA MFS Total Return Portfolio

47. SA Mid Cap Index Portfolio

48. SA Morgan Stanley International Equities Portfolio

49. SA PIMCO RAE International Value Portfolio

50. SA PIMCO VCP Tactical Balanced Portfolio

51. SA PineBridge High-Yield Bond Portfolio

52. SA Putnam International Growth and Income Portfolio

53. SA Schroders VCP Global Allocation Portfolio

54. SA Small Cap Index Portfolio

55. SA T. Rowe Price Asset Allocation Growth Portfolio

56. SA T. Rowe Price VCP Balanced Portfolio

57. SA VCP Dynamic Allocation Portfolio

58. SA VCP Dynamic Strategy Portfolio

59. SA VCP Index Allocation Portfolio

60. SA Wellington Capital Appreciation Portfolio

61. SA Wellington Government and Quality Bond Portfolio

62. SA Wellington Strategic Multi-Asset Portfolio

63. SA WellsCap Aggressive Growth Portfolio

   

 

1.

Each Share of each Series is entitled to all the rights and preferences accorded to Shares under the Declaration.

 

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2.            The number of authorized Shares of each Series is unlimited.

3.            Each Series shall be authorized to hold cash, invest in securities, instruments and other property, use investment techniques, and have such goals or objectives as from time to time described in the prospectus and statement of additional information contained in the Trust’s then currently effective registration statement under the Securities Act of 1933 to the extent pertaining to the offering of Shares of the Series, as the same may be amended and supplemented from time to time (“Prospectus”). Each Share of a Series shall represent a beneficial interest in the net assets allocated or belonging to such Series only, and such interest shall not extend to the assets of the Trust generally (except to the extent that General Assets (as defined in the Declaration) are allocated to such Series), and shall be entitled to receive its pro rata share of the net assets of the Series upon liquidation of the Series, all as set forth in Section 4.9 of the Declaration.

4.            With respect to each Series, (a) the purchase price of the Shares, (b) fees and expenses, (c) qualifications for ownership, if any, (d) the method of determination of the net asset value of the Shares, (e) minimum purchase amounts, if any, (f) minimum account size, if any, (g) the price, terms and manner of redemption of the Shares, (h) any conversion or exchange feature or privilege, (i) the relative dividend rights, and (j) any other relative rights, preferences, privileges, limitations, restrictions and other relative terms have been established by the Trustees in accordance with the Declaration and are set forth in the Prospectus with respect to such Series.

5.            The Trustees may from time to time modify any of the relative rights, preferences, privileges, limitations, restrictions and other relative terms of a Series that have been established by the Trustees or redesignate any of the Series without any action or consent of the Shareholders.

6.            The designation of any Series hereby shall not impair the power of the Trustees from time to time to designate additional Series of Shares of the Trust.

7.            Capitalized terms not defined herein have the meanings given to such terms in the Declaration.

 

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IN WITNESS WHEREOF, the undersigned, being the Secretary of the Trust, has executed this instrument as of May 25, 2021.

 

/s/ Kathleen D. Fuentes                        
Secretary
Kathleen D. Fuentes

 

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