9AT: CONSTELLATION INVESTMENTS, INC.

CONSTELLATION INVESTMENTS, INC.

other names

CONSTELLATION INVESTMENTS, INC.
OHIO NATIONAL INVESTMENTS INC

Adviser Profile

As of Date	02/11/2026
ADV Location	MONTGOMERY, OH, United States
Adviser Type - Large advisory firm
Number of Employees	22 5%
of those in investment advisory functions	6 20%
Registration	SEC, Approved, 04/02/1996

AUM^*	26,311,127,270 124%
of that, discretionary	26,311,127,270 124%
Private Fund GAV^*	0
Avg Account Size	797,306,887 -86%
SMA’s	Yes
Private Funds	0
Contact Info	513 xxxxxxx
Websites

Client Types

- Investment companies
- Insurance companies

Advisory Activities

- Portfolio management for investment companies
- Portfolio management for businesses

Compensation Arrangments

- A percentage of assets under your management

Reported AUM

12B 10B 8B 7B 5B 3B 2B

2015 2016 2017 2018 2019 2020 2021 2022 2023

Discretionary

Non-discretionary

Private Funds

No private funds

Employees

Form ADV-E Surprise Examination Reports

Accounting Firm Name	Filing Date	Form ADV-E
Accounting Firm Name CROWE LLP	Filing Date01/02/2026	Form ADV-E View Report
Accounting Firm Name CROWE LLP	Filing Date01/10/2025	Form ADV-E View Report

Top Holdings

Stock Ticker	Stock Name	$ Position	% Position	$ Change	# Change
Stck Ticker464287200	Stock NameISHARES TR	$ Position$1,030,866,892	% Position32.00%	$ Change	# Change
Stck Ticker464287226	Stock NameISHARES TR	$ Position$705,444,349	% Position22.00%	$ Change	# Change
Stck Ticker922908363	Stock NameVANGUARD INDEX FDS	$ Position$561,281,350	% Position17.00%	$ Change	# Change
Stck Ticker922908769	Stock NameVANGUARD INDEX FDS	$ Position$197,112,944	% Position6.00%	$ Change	# Change
Stck Ticker92206C870	Stock NameVANGUARD SCOTTSDALE FDS	$ Position$146,254,719	% Position5.00%	$ Change	# Change
Stck Ticker464287150	Stock NameISHARES TR	$ Position$90,403,520	% Position3.00%	$ Change	# Change
Stck Ticker464287507	Stock NameISHARES TR	$ Position$93,720,000	% Position3.00%	$ Change	# Change
Stck Ticker46090E103	Stock NameINVESCO QQQ TR	$ Position$109,977,462	% Position3.00%	$ Change	# Change
Stck Ticker46432F842	Stock NameISHARES TR	$ Position$69,733,891	% Position2.00%	$ Change	# Change
Stck Ticker464288588	Stock NameISHARES TR	$ Position$47,221,883	% Position1.00%	$ Change	# Change

Brochure Summary

Overview

CINV is the investment adviser to investment vehicles including mutual funds sponsored by The Augustar Life Insurance Company (“ALIC”), separate accounts of the insurance company affiliates, and private investment funds that are collateralized loan obligations (collectively, “CLOs”). Currently, CINV has one registered investment company client, Augustar Variable Insurance Products Fund, Inc. ("Augustar Fund"), and twelve insurance company clients. Additionally, this Brochure generally describes CINV’s expectations regarding its business practices once its anticipated CLO clients are operating. Unless otherwise noted or the context otherwise requires, all information in this Brochure concerning the CLOs is prospective as if CINV has been engaged for collateral management services for CLOs as of the date of this Brochure. CINV has been in business since 1996. CINV is principally owned by Constellation Insurance, Inc., which itself is wholly owned by Constellation Insurance Holdings, Inc. The ultimate parents of Constellation Insurance Holdings, Inc. are the Ontario Teachers’ Pension Plan Voting Trust, trustees Greg Nielsen and Salman Hasnain, and Caisse de depot et placement du Quebec Voting Trust,

trustees Philippe Charette and Martin Longchamps. The Adviser provides investment advisory and collateral management services in accordance with each client’s investment objectives, strategies, restrictions, and guidelines as set forth in the governing documents of each client. Subject to any investment guidelines or restrictions applicable to a particular client, the Adviser is permitted to invest in any security and any sector of the market to carry out the overall objectives of the clients. As of March 31, 2024, CINV has $26,055,059,088 in assets under management. CINV manages $11,943,472,040 in the Augustar Fund and $14,111,587,048 in insurance company affiliate accounts. Initially, the only investors in the CLOs will be CINV’s insurance company affiliates; as a result, any assets CINV manages on behalf of the CLOs will be assets also included in the assets under management attributable to the affiliated insurance company accounts. All assets are discretionary, exercised in a manner consistent with the stated investment objectives of each portfolio of Augustar Fund, the investment policies of the affiliated insurance companies, and the governing documents of the CLOs, as applicable.