Liquidation: GUARDIAN SEPARATE ACCOUNT E

Form Type: 497

Filing Date: 2025-05-15

Corporate Action: Liquidation

Type: New

Accession Number: 000119312525120782

Filing Summary: The document details a supplemental prospectus related to certain variable annuity contracts issued by The Guardian Insurance & Annuity Company, Inc. It reveals that the Board of Trustees of Victory Portfolios has approved a Plan of Liquidation for the Victory Sophus Emerging Markets Fund, which will liquidate on June 27, 2025. Post-liquidation, any contract value in the Portfolio will transfer to the Fidelity VIP Government Money Market Portfolio without incurring fees or tax liabilities. The document outlines procedures for changing premium payment allocations and transferring contract value prior to the liquidation. It also describes how existing investment programs like Dollar Cost Averaging and Portfolio Rebalancing will automatically replace the Portfolio with the Fund unless new instructions are provided before the liquidation date. Additionally, changes to investment allocations can be submitted electronically or via mail prior to the liquidation date, ensuring investors understand their options and the impacts of the liquidation on their contracts.

Form Type: 497VPU

Filing Date: 2025-05-15

Corporate Action: Liquidation

Type: Update

Accession Number: 000119312525120713

Filing Summary: The document announces the Plan of Liquidation for the Victory Sophus Emerging Markets Fund, which will liquidate and dissolve on or about June 27, 2025. The Portfolio will no longer be an available investment option. Investors can update their premium payment allocation instructions and transfer their funds to other available variable investment options before the Liquidation Date. Any contract value allocated to the Portfolio by the Liquidation Date will be transferred to the Fidelity VIP Government Money Market Portfolio. After the Liquidation Date, transfers made due to the liquidation will not count towards the maximum number of free transfers. The liquidation will not incur any fees or tax liability, and confirmations of transfer will be provided to investors. Changes to Dollar Cost Averaging, Portfolio Rebalancing, and Premium Allocation Instructions are permissible before the Liquidation Date.