Lincoln National Debuts Hybrid Growth Fund in Variable Annuities

Core Insights - Lincoln National Corporation (LNC) has launched the LVIP American Funds Vanguard Active Passive Growth Fund, aimed at enhancing its variable annuity offerings [1][8] - The fund combines active management from Capital Group and passive strategies from Vanguard, providing a balanced approach to long-term growth [2][3] - The introduction of this fund is timely, as financial advisors recognize the complementary nature of active and passive strategies, especially during market volatility [4] Company Strategy - The new fund is expected to boost LNC's annuity business by attracting new customers and retaining existing ones, with annuity sales increasing by 33% year over year in Q1 2025 [5] - LNC's variable annuities are designed to support diverse client objectives and safeguard retirement income, offering various investment options [6] Market Performance - LNC shares have increased by 6.3% over the past six months, outperforming the industry average growth of 3.3% [7]