About Guggenheim Investments - Security Benefit Agent

A Secure Retirement
Many of our clients today depend on us to help protect their retirement assets from risk – with guarantees. Security
Benefit Life Insurance Company (SBL) provides retirement benefits for clients to help them Save-Protect-Live.
SBL operates a General Account that is used to pay claims and benefits to its clients and on their retirement assets.
The assets in an insurance company’s General Account need to be well-managed, with a constant balance of safety
and growth, to ensure that our clients’ retirement accounts and benefits are there for them when they are needed.
Fixed income investments are an important component of that strategy. SBL has one of the leading fixed income
experts, Guggenheim Investments, to manage its General Account and helps SBL provide competitive guarantees to
its clients.
Security Benefit
In 2010, Security Benefit (and its subsidiary SBL) was purchased by an investor group led by Guggenheim Partners.
Guggenheim Investments is the global asset management and investment advisory division of Guggenheim Partners
and manages the General Account assets for SBL. Guggenheim Investments has an extensive track record of delivering
innovative solutions to meet investors’ strategic objectives. Their expertise helps us provide competitive guarantees and
benefits for our clients.
SBL Assets Under Management (AUM)
Guarantees offered through SBL include:
as of 12/31/2013
• Interest rates (minimum guaranteed rates) – for fixed annuities
• Living benefits – as a source of income, often during retirement
• Death benefits – paid to beneficiaries of clients
Guggenheim Investments
General Account
Guggenheim Investments manages $172 billion 1 in assets across fixed income,
Separate Account
equity and alternatives. They focus on the return and risk needs of their clients.
*Includes $1.7B of reinsured assets
250+ investment professionals perform rigorous research to understand market
trends and identify undervalued opportunities in areas that are often complex and underfollowed. This approach
to investment management has enabled Guggenheim to deliver strategies providing diversification and attractive
long-term results.
• Since inception composite returns for Core Fixed Income, Multi Credit, Opportunistic Credit, Tax-Exempt
Municipals and Build America Bonds rank in top 1% of competitor universe.*
• Manage $122 billion in fixed income as of December 31, 2013.
• More than 150 fixed income investment professionals.
$14.9 billion*
$7.8 billion
* The rankings are based on data self-reported by managers to eVestment Alliance (“EA”); EA does not verify this data. As of 12.31.2013, the number of observations
since inception for each universe is as follows: Core Fixed Income - 157, Multi Credit - 135, Opportunistic Credit - 3, Tax-Exempt Municipals - 85, and Build America
Bonds - 138. The strategies included herein are not representative of all strategies included in the EA database. The rankings may not be representative of any one
client’s experience because the ranking reflects an average of all, or a sample of all, of the experiences of the adviser’s clients. Past performance does not guarantee
future returns. Additional information regarding EA rankings for year to date and since inception performance of each composite is available on EA’s website.
1
Guggenheim Investments’ total asset figure is as of 12.31.2013 and includes $12.5 billion of leverage for assets under management and $0.4 billion of leverage for
serviced assets.