0000088525-11-000362.txt : 20110429 0000088525-11-000362.hdr.sgml : 20110429 20110429144649 ACCESSION NUMBER: 0000088525-11-000362 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20110429 DATE AS OF CHANGE: 20110429 EFFECTIVENESS DATE: 20110429 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SBL FUND CENTRAL INDEX KEY: 0000217087 IRS NUMBER: 480873454 STATE OF INCORPORATION: KS FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-59353 FILM NUMBER: 11793617 BUSINESS ADDRESS: STREET 1: SECURITY INVESTORS, LLC STREET 2: ONE SECURITY BENEFIT PLACE CITY: TOPEKA STATE: KS ZIP: 66636-0001 BUSINESS PHONE: 7854383127 MAIL ADDRESS: STREET 1: SECURITY INVESTORS, LLC STREET 2: ONE SECURITY BENEFIT PLACE CITY: TOPEKA STATE: KS ZIP: 66636-0001 0000217087 S000010053 SERIES A C000027852 A 497 1 sbl-497e.htm SERIES A 4/29/2011 SUPPLEMENT sbl-497e.htm
SBL Fund
One Security Benefit Place
Topeka, Kansas 66636-0001
 
 
Supplement Dated April 29, 2011
to Prospectus Dated April 29, 2011
 
 
At its meeting on February 17, 2011, the Board of Directors of the SBL Fund – Series A (Large Cap Core) (the “Series”) approved a change in the Investment Strategy of the Series. The Series’ new Investment Strategy is reflected in the Series’ Prospectus dated April 29, 2011. However, the new Investment Strategy is not effective until May 2, 2011. As a result, the Prospectus shall be read as follows:
 
The first paragraph under Principal Investment Strategies shall be read as follows until May 2, 2011:
 
Series A pursues its objective by investing, under normal market conditions, at least 80% of its net assets (plus borrowings for investment purposes) in a widely-diversified portfolio of equity securities, which may include common stocks, rights, options, warrants, American Depositary Receipts (“ADRs”) and convertible securities, of companies, that, when purchased, have market capitalizations that are $5 billion or greater. The Fund’s index is the S&P 500 Index, which is composed of 500 selected common stocks that represent approximately two-thirds of the total market value of all U.S. common stocks.
 
The Principal Risks attributable to the strategies and other features of the Series are the same.
 
 
Please Retain This Supplement for Future Reference.