Liquidation: GUARDIAN SEPARATE ACCOUNT D

Form Type: 497

Filing Date: 2025-05-15

Corporate Action: Liquidation

Type: Update

Accession Number: 000119312525120793

Filing Summary: The document is a prospectus supplement detailing the approval of a Plan of Liquidation for the Victory Sophus Emerging Markets Fund. The liquidation is scheduled to occur around June 27, 2025, at which point the fund will dissolve and be removed as an available investment option. Investors are notified that prior to this date, they can adjust their premium payment allocations and transfer contract values to other available investment options. Any contract value remaining in the fund on the liquidation date will be transferred to the Fidelity VIP Government Money Market Portfolio. Investors will not incur fees or tax liabilities from this transfer, and changes to investment allocations can be made via various methods before the liquidation date. Additional administrative programs, such as Dollar Cost Averaging and Portfolio Rebalancing, will automatically update allocations to reflect the new fund post-liquidation if no new instructions are provided.

Form Type: 497

Filing Date: 2025-05-15

Corporate Action: Liquidation

Type: New

Accession Number: 000119312525120794

Filing Summary: The Guardian Investor Group has released a prospectus supplement dated May 15, 2025, for certain variable annuity contracts issued by The Guardian Insurance & Annuity Company, Inc. This document outlines the impending liquidation of the Victory Sophus Emerging Markets Fund, which has been approved by the Board of Trustees of Victory Portfolios. The fund is set to liquidate and dissolve on June 27, 2025, which will result in the fund no longer being an available investment option. Investors are notified that they can change their premium payment allocation instructions and transfer contract values to other available variable investment options prior to the liquidation date. After this date, contract values allocated to the liquidated fund will automatically transfer to the Fidelity VIP Government Money Market Portfolio. The document also details that investors will not incur any fees or tax liabilities as a result of the liquidation. Administrative programs like Dollar Cost Averaging and Portfolio Rebalancing will also be impacted by this change, and investors are encouraged to provide new allocation instructions before the liquidation date to avoid automatic updates to their accounts.

Form Type: 497VPU

Filing Date: 2025-05-15

Corporate Action: Liquidation

Type: Update

Accession Number: 000119312525120696

Filing Summary: The document outlines a Plan of Liquidation approved by the Board of Trustees of Victory Portfolios for the Victory Sophus Emerging Markets Fund. The Portfolio is set to liquidate and dissolve on or about June 27, 2025, making it no longer an investment option. Investors can change premium payment allocations and transfer contract value to other variable investment options prior to the Liquidation Date. Any funds allocated to the Portfolio on the Liquidation Date will be transferred to the Fidelity VIP Government Money Market Portfolio. For 30 days following liquidation, investors can transfer amounts to other investment options without it counting towards transfer limits. In addition, administrative programs such as Dollar Cost Averaging and Portfolio Rebalancing will be affected, requiring investors to update allocation instructions.