TALCOTT RESOLUTION LIFE INSURANCE CO SEPARATE ACCOUNT 11
Form Type: 497
Filing Date: 2024-12-27
Corporate Action: Liquidation
Type: Update
Accession Number: 000119312524285733
Comments: This supplement dated December 27, 2024, relates to the MassMutual Strategic Emerging Markets Fund and several MassMutual RetireSMARTSM funds, which will be liquidating effective January 24, 2025. The liquidation is due to their small asset size and inability to achieve scale, affecting the manager's investment strategy execution. Investors are advised to choose a new subaccount before the liquidation date. There will be no penalties or restrictions for this transfer. Additionally, the American Century U.S. Government Money Market Fund - Class A will be added to the separate account on the same date. If investors do not transfer their account value, their shares will automatically be sold and converted to the new fund. The prospectus information for the new fund and other related details were also provided, including current expenses and average annual returns.
Document Link: View Document
Additional details:
Underlying Fund Type: US Fund Money Market - Taxable
Underlying Fund And Adviser Subadviser: American Century U.S. Government Money Market Fund - Class A, Adviser: American Century Investment Management Inc, Subadviser: N/A
Current Expenses: 0.71%
Average Annual Total Returns 1 Year: 4.40%
Average Annual Total Returns 5 Years: 1.44%
Average Annual Total Returns 10 Years: 1.10%