Genworth Life of New York VA Separate Account 1
05/01/2026 | Press release | Distributed by Public on 05/01/2026 08:39
Prospectus by Investment Company (Form 497)
SUPPLEMENT DATED MAY 1, 2026 TO
PROSPECTUS DATED MAY 1, 2013 (AS SUPPLEMENTED) FOR
FLEXIBLE PREMIUM VARIABLE DEFERRED ANNUITY CONTRACTS
ISSUED BY
GENWORTH LIFE INSURANCE COMPANY OF NEW YORK
THROUGH ITS
GENWORTH LIFE OF NEW YORK VA SEPARATE ACCOUNT 1
This supplement updates certain information contained in your variable annuity prospectus. Please read the supplement carefully and keep it with your prospectus for future reference.
Asset Allocation Program - Model Update
Effective after the close of business July 24, 2026, Asset Allocation Models A, B, C, D and E under the Asset Allocation Program will be updated. Tables disclosing the Model percentage allocations and Portfolio selections for Asset Allocation Models A, B, C, D and E, before and after the update, are provided on the following pages.
Please refer to your contract and, specifically, the "Asset Allocation Program" section of your variable annuity prospectus for more information about the Asset Allocation Program and your options regarding updates to the Asset Allocation Models. In addition, if you have invested in an optional living benefit rider, please refer to your contract and your variable annuity prospectus for information regarding the Investment Strategy required for your living benefit rider.
The current Asset Allocation Models and the updated Asset Allocation Models are provided in the tables below.
17977NY SUPP 05/01/26
MODEL PERCENTAGE ALLOCATIONS AND PORTFOLIO SELECTIONS
Current through July 24, 2026
| Portfolios | Model A | Model B | Model C | Model D | Model E | |||||||||||||||||
|
Equities |
||||||||||||||||||||||
| Large Cap Blend | Invesco V.I. Core Equity Fund - Series I shares | 5.0% | 9.0% | 14.0% | 19.0% | 23.0% | ||||||||||||||||
| Invesco V.I. Main Street Fund® - Series II shares | 5.0% | 10.0% | 15.0% | 20.0% | 25.0% | |||||||||||||||||
| Large Cap Growth | Fidelity VIP Contrafund® Portfolio - Service Class 2 | 5.0% | 10.0% | 15.0% | 20.0% | 25.0% | ||||||||||||||||
| Invesco V.I. EQV International Equity Fund - Series II shares | 1.0% | 2.0% | 3.0% | 4.0% | 5.0% | |||||||||||||||||
| Large Cap Value | Invesco V.I. Comstock Fund - Service II shares | 1.0% | 3.0% | 4.0% | 5.0% | 7.0% | ||||||||||||||||
| Mid Cap Growth | Federated Hermes Kaufmann Fund II - Service Shares | 1.0% | 2.0% | 3.0% | 4.0% | 5.0% | ||||||||||||||||
| Mid Cap Value | Franklin Mutual Shares VIP Fund - Class 2 Shares | 1.0% | 2.0% | 3.0% | 4.0% | 5.0% | ||||||||||||||||
| Small Cap Blend | Invesco V.I. Main Street Small Cap Fund® - Service II shares | 1.0% | 2.0% | 3.0% | 4.0% | 5.0% | ||||||||||||||||
|
Total % Equities |
20% | 40% | 60% | 80% | 100% | |||||||||||||||||
| Fixed Income | ||||||||||||||||||||||
| Medium Duration | Fidelity VIP Investment Grade Bond Portfolio - Service Class 2 | 22.0% | 16.0% | 11.0% | 5.0% | 0.0% | ||||||||||||||||
| PIMCO VIT Total Return Portfolio - Administrative Class Shares | 22.0% | 16.0% | 11.0% | 5.0% | 0.0% | |||||||||||||||||
| High Yield | PIMCO VIT High Yield Portfolio - Administrative Class Shares | 6.0% | 5.0% | 3.0% | 2.0% | 0.0% | ||||||||||||||||
| Treasury Inflation Protected Securities | LVIP American Century Inflation Protection Fund - Service Class | 6.0% | 5.0% | 3.0% | 2.0% | 0.0% | ||||||||||||||||
| Short Duration | PIMCO VIT Low Duration Portfolio - Administrative Class Shares | 6.0% | 5.0% | 3.0% | 2.0% | 0.0% | ||||||||||||||||
| Long Duration | PIMCO VIT Long-Term U.S. Government Portfolio - Administrative Class Shares | 12.0% | 8.0% | 6.0% | 2.0% | 0.0% | ||||||||||||||||
| Floating Rate | Eaton Vance VT Floating-Rate Income Fund | 6.0% | 5.0% | 3.0% | 2.0% | 0.0% | ||||||||||||||||
|
Total % Fixed Income |
80% | 60% | 40% | 20% | 0% | |||||||||||||||||
MODEL PERCENTAGE ALLOCATIONS AND PORTFOLIO SELECTIONS
Effective after the close of business on July 24, 2026
| Portfolios | Model A | Model B | Model C | Model D | Model E | |||||||||||||||||
|
Equities |
||||||||||||||||||||||
| Large Cap Blend | AB VPS International Value Portfolio - Class B | 1.0% | 2.0% | 3.0% | 4.0% | 5.0% | ||||||||||||||||
| Invesco V.I. Core Equity Fund - Series I shares | 5.0% | 10.0% | 15.0% | 20.0% | 25.0% | |||||||||||||||||
| Invesco V.I. EQV International Equity Fund - Series II shares | 1.0% | 2.0% | 3.0% | 4.0% | 5.0% | |||||||||||||||||
| Invesco V.I. Main Street Fund® - Series II shares | 5.0% | 10.0% | 15.0% | 20.0% | 25.0% | |||||||||||||||||
|
Large Cap Growth |
Fidelity VIP Contrafund® Portfolio - Service Class 2 | 5.0% | 10.0% | 15.0% | 20.0% | 25.0% | ||||||||||||||||
|
Large Cap Value |
Franklin Mutual Shares VIP Fund - Class 2 Shares | 1.0% | 2.0% | 3.0% | 4.0% | 5.0% | ||||||||||||||||
| Invesco V.I. Comstock Fund - Service II shares | 1.0% | 2.0% | 3.0% | 4.0% | 5.0% | |||||||||||||||||
| Mid Cap Blend |
State Street Real Estate Securities V.I.S. Fund - Class 1 Shares |
1.0% | 2.0% | 3.0% | 4.0% | 5.0% | ||||||||||||||||
|
Total % Equities |
20% | 40% | 60% | 80% | 100% | |||||||||||||||||
| Fixed Income | ||||||||||||||||||||||
| Medium Duration | Fidelity VIP Investment Grade Bond Portfolio - Service Class 2 | 16.0% | 11.0% | 8.0% | 3.0% | 0.0% | ||||||||||||||||
| PIMCO VIT Total Return Portfolio - Administrative Class Shares | 16.0% | 11.0% | 8.0% | 3.0% | 0.0% | |||||||||||||||||
| High Yield | PIMCO VIT High Yield Portfolio - Administrative Class Shares | 6.0% | 5.0% | 3.0% | 2.0% | 0.0% | ||||||||||||||||
| Treasury Inflation Protected Securities | LVIP American Century Inflation Protection Fund - Service Class | 6.0% | 5.0% | 3.0% | 2.0% | 0.0% | ||||||||||||||||
| Short Duration | PIMCO VIT Low Duration Portfolio - Administrative Class Shares | 24.0% | 18.0% | 12.0% | 6.0% | 0.0% | ||||||||||||||||
| Long Duration | PIMCO VIT Long-Term U.S. Government Portfolio - Administrative Class Shares | 6.0% | 5.0% | 3.0% | 2.0% | 0.0% | ||||||||||||||||
| Floating Rate | Eaton Vance VT Floating-Rate Income Fund | 6.0% | 5.0% | 3.0% | 2.0% | 0.0% | ||||||||||||||||
|
Total % Fixed Income |
80% | 60% | 40% | 20% | 0% | |||||||||||||||||
Genworth Life of New York VA Separate Account 1 published this content on May 01, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on May 01, 2026 at 14:39 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]