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Starting May 1, a new Buffered Growth & Income model portfolio option will be available for Protective Strategic Objectives II VUL. This new model portfolio includes high-quality investment options, including the Invesco® V.I. Defined Outcome Funds. These funds are designed to help clients capture market gains (up to a predetermined cap) while offering loss protection to provide them with defined growth potential.
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New Protective Strategic Objectives II VUL product enhancements go into effect May 1, 2024, and will also include:
- Rebalance of existing model portfolios with several new fund allocation options
- New fund categories added to select investment options to align with Morningstar classifications
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