RADNOR, PA — Lincoln Financial (NYSE: LNC) is expanding the reach of actively managed exchange-traded funds into the fixed indexed annuity market, unveiling a new account option that ties annuity returns to Capital Group’s Dividend Value ETF while preserving full downside protection.
The insurer said the new 1 Year Capital Group Dividend Value ETF Participation account is the first Capital Group ETF benchmark available within a fixed indexed annuity. The option is offered exclusively through Lincoln OptiBlend fixed indexed annuities, making Lincoln the only provider to link FIA performance directly to the Capital Group Dividend Value ETF, known as CGDV.
The account allows investors to participate in the performance of CGDV, an actively managed ETF focused on large, established U.S. companies that pay dividends or have the potential to do so, while maintaining 100% downside protection typical of fixed indexed annuities. Lincoln positioned the launch as a response to growing demand for products that blend growth potential with risk mitigation.
Stephen Turer, president of Annuity Solutions at Lincoln Financial, said the new option reflects investors’ desire for protection without giving up access to equity-driven returns. He said pairing Capital Group’s active management with a Lincoln FIA offers investors a way to pursue outperformance while preserving principal, a combination that has become increasingly attractive in volatile markets.
CGDV carries a Morningstar Medalist Gold rating and, since inception, has outperformed the S&P 500 and the vast majority of ETFs in the large value category, according to the companies. With more than $19 billion in assets under management, it is Capital Group’s largest active ETF.
Capital Group, best known as the home of American Funds, manages roughly $3 trillion in assets and has built one of the fastest-growing active ETF platforms in the industry. The firm was named ETF Issuer of the Year by etf.com in 2025.
Jason A. Uberti, senior manager of insurance product management at Capital Group, said the move builds on a partnership with Lincoln that dates back to 1987. He said bringing CGDV into Lincoln’s FIA lineup reflects a broader effort to introduce active management into a segment long dominated by passive index strategies.
Lincoln said the new participation account is designed to broaden choice for annuity investors seeking diversified equity exposure through an actively managed strategy, without sacrificing the principal protection that defines fixed indexed annuities.
For the latest news on everything happening in Chester County and the surrounding area, be sure to follow MyChesCo on Google News and MSN.