Description of the advisory firm
OneAmerica Asset Management, LLC (“OAM”) is a limited liability company that was
organized on October 12, 2012, under the laws of the State of Indiana. OAM succeeded to the
business of a registered investment adviser, American United Life Insurance Company (“AUL”),
which no longer provides investment advisory services and has withdrawn its investment adviser
registration now that OAM is properly licensed and authorized to do so. OAM’s predecessor,
AUL, is a stock insurance company existing under the laws of the State of Indiana. It was
originally incorporated as a fraternal society on November 7, 1877, under the laws of the federal
government, and reincorporated as a mutual insurance company under the laws of the State of
Indiana in 1933. On December 17, 2000, AUL converted from a mutual life insurance company
to a stock life insurance company ultimately controlled by a mutual holding company, American
United Mutual Insurance Holding Company (“AUMIHC”). After conversion, AUMIHC issued
voting stock to a newly formed stock holding company, OneAmerica Financial Partners, Inc.
which is the managing member of OAM.
Types of advisory services
OAM provides investment advisory services to: (i) certain entities related to its parent company,
OneAmerica Financial Partners, Inc. (“OAFP”) (the “Related Accounts”); (ii) unaffiliated
insurance companies; (iii) a charitable organization; and (iv) pooled investment vehicles. OAM
provides investment advice with respect to equity, fixed-income, derivative instruments,
mortgages and money market fund investments, on both a discretionary and a non-discretionary
basis. OAM manages equity investments. OAM also manages publicly and privately placed fixed
income investments. OAM may enter into additional advisory relationships for these and other
types of mandates in the future.
With respect to the provision of investment
advice to the Related Accounts, OAM provides
investment advisory services that range from fully discretionary to non-discretionary, depending
on the circumstance.
With respect to the unaffiliated insurance companies, OAM makes the investment personnel of
that company aware of opportunities to participate in private placement investments in which
other clients of OAM are also likely to participate. The decision of whether to invest in any
private placement rests with the unaffiliated insurance companies and not with OAM.
With respect to the charitable organization, OAM provides investment advice to the
organization, subject to the supervision and control of the charitable organization’s Board of
Directors. OAM recommends the composition of the organization’s assets, subject to compliance
with an investment policy statement approved by the organization’s Board of Directors.
With respect to the pooled investment vehicles, OAM provides discretionary investment
advisory services to the trustees of collective investment trusts.
Tailoring advisory services to clients
Advisory clients of OAM, by virtue of and subject to the agreements that advisory clients may
have with OAM under which OAM provides advisory services, can impose restrictions on
investing in certain securities or types of securities.
OAM assists clients in selecting other investment advisers to provide investment advice. OAM
may draft and distribute a newsletter to clients and OAM personnel may attend and speak at
educational workshops on subjects involving or related to investing.
Wrap fee programs
OAM will not currently provide investment advice in the context of wrap fee programs.
Assets Under Management (as of December 31, 2023)
(managed by OAM)
U.S. Dollar Amount Total Number of Accounts
Discretionary: 25,768,098,388 6
Non-Discretionary: 104,297,019 4
Total: 25,872,395,407 10