Lincoln Financial has introduced the 1 Year Capital Group Dividend Value (CGDV) ETF Participation account, marking the first Capital Group ETF indexed account option for fixed indexed annuities (FIAs). This new offering, available exclusively through Lincoln OptiBlend®, provides investors with access to active management, diversified equity exposure, and 100% downside protection.
The 1 Year Capital Group Dividend Value (CGDV) ETF, which the new participation account tracks, seeks to deliver consistent returns by concentrating on larger, established U.
S. companies that either pay dividends or have the potential to do so. The CGDV ETF currently holds a Medalist Gold rating from Morningstar, as of April 25, 2025. Since its inception on February 22, 2022, and as of November 30, 2025, CGDV has outperformed the S&P 500 and 99% of other ETFs in the Large Value category. It is also the largest active ETF from Capital Group, managing over $19 billion in assets as of November 17, 2025.
Stephen Turer, president of Annuity Solutions at Lincoln Financial, stated, “Investors today want solutions that combine growth potential with protection, and this new participation account helps meet those needs. By pairing Capital Group’s active management expertise with a Lincoln FIA, investors have the unique opportunity to seek outperformance while maintaining 100% downside protection – helping them feel confident about their financial future. We’re excited to bring a Capital Group ETF indexed account to Lincoln FIAs and build upon the success of our decades-long partnership in our variable annuity and RILA products.”
Capital Group, known for its American Funds, is recognized as the fastest organically growing suite of active ETFs in the market, according to Morningstar Direct as of May 31, 2025. The firm was also named etf.com 2025 ETF Issuer of the Year, with award winners selected by March 1, 2025. With $3 trillion in assets under management as of June 30, 2025, Capital Group is identified as one of the most trusted asset manager brands among financial professionals, based on Escalent, Cogent Syndicated data from October 2025. The partnership between Lincoln Financial and Capital Group dates back to 1987.
Jason A. Uberti, senior manager of Insurance Product Management at Capital Group, commented, “Lincoln and Capital Group have fostered a strong and collaborative partnership focused on improving investor outcomes since 1987. We are proud to continue evolving together and delivering innovative solutions that address investor needs. The addition of crediting strategies that track the return of CGDV to Lincoln’s FIA is a natural step in our evolution by providing access to our actively managed investment expertise in a market traditionally characterized by passive index strategies.”
It is important to note that an annuity with an indexed account that tracks the performance of an actively managed ETF does not constitute a direct investment in the ETF. Instead, it credits indexed interest based on a crediting strategy and the returns of the ETF. Dividends from the ETF or its underlying stocks do not contribute to this indexed interest, which is determined by the indexed crediting and is not guaranteed to match the performance of the ETF. Lincoln Financial and Capital Group are not affiliates. The Lincoln OptiBlend® fixed indexed annuities (contract form ICC1515-619 and state variations) are issued by The Lincoln National Life Insurance Company, Fort Wayne, IN, and distributed by Lincoln Financial Distributors, Inc., a broker-dealer. The Lincoln National Life Insurance Company does not solicit business in the state of New York.
Lincoln Financial, headquartered in Radnor, PA, focuses on helping individuals plan for their financial future. As of December 31, 2024, the company served approximately 17 million customers across its core businesses: annuities, life insurance, group protection, and retirement plan services. As of September 30, 2025, Lincoln Financial reported $347 billion in end-of-period account balances, net of reinsurance.
