LVIP American Century Large Company Value

Objective And Strategy

Objective
The investment seeks long-term capital growth; income is a secondary objective.

Strategy
The fund invests primarily in larger companies. Under normal market conditions, the portfolio managers will invest at least 80% of the fund's net assets in equity securities of companies comprising the Russell 1000® Index. In selecting stocks, the portfolio managers look for companies whose stock price may not adequately reflect the company's value. The managers attempt to purchase the stocks of these undervalued companies and hold each stock until the price has increased to, or is higher than, a level the managers believe more accurately reflects the fair value of the company.

Principle Risks

N/A