Form 497K SEASONS SERIES TRUST

May 25, 2022 4:23 PM EDT

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Filed under Rule 497(e)

Registration No. 333-08653

Seasons Series Trust

SA Putnam Asset Allocation Diversified Growth Portfolio

(the “Portfolio”)

Supplement dated May 25, 2022 to the Portfolio’s

Summary Prospectus, Prospectus and Statement of Additional Information (“SAI”)

dated July 29, 2021, as supplemented and amended to date

Jason R. Vaillancourt, CFA, a portfolio manager of the Portfolio with Putnam Investment Management, LLC (“Putnam”), has moved into a new role at Putnam. Accordingly, effective immediately, all references to Mr. Vaillancourt are removed from the Summary Prospectus, Prospectus and SAI.

Effective immediately, in the section of the Summary Prospectus entitled “Investment Adviser” and in the section of the Prospectus entitled “Portfolio Summary – SA Putnam Asset Allocation Diversified Growth Portfolio – Investment Adviser,” the table under the heading “Portfolio Managers” is deleted and replaced with the following:

 

Name and Title  

Portfolio Manager of the Portfolio

Since

Robert J. Schoen  

Chief Investment Officer, Global Asset Allocation and Portfolio Manager

  2002
James A. Fetch  

Co-Head of Global Asset Allocation and Portfolio Manager

  2011
Brett S. Goldstein  

Co-Chief Investment Officer and Portfolio Manager

  2019
Adrian H. Chan  

Portfolio Manager

  2021

Capitalized terms used but not defined herein shall have the meanings assigned to them by the Summary Prospectus, Prospectus or SAI, as applicable.

PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE.

 

 

SCSP-812546-PAA1.2 (5/22)



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