<PAGE>
As filed with the Securities and Exchange Commission on April 2, 1997
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM N-1A
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
Post-Effective Amendment No. 13 [X]
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940
Amendment No. 15 [X]
(Check appropriate box or boxes)
LINCOLN NATIONAL GLOBAL ASSET ALLOCATION FUND, INC.
(Exact name of registrant as specified in charter)
1300 South Clinton Street
Fort Wayne, Indiana 46802
(Address of Principal Executive Offices - Zip Code)
Registrant's Telephone Number, including Area Code (219)455-2000
Jack D. Hunter, Esq.
200 East Berry Street
Fort Wayne, Indiana 46802
(Name and Address of Agent for Service)
Fiscal year-end: December 31
The Registrant has registered an indefinite amount of securities under the
Securities Act of 1933 pursuant to Rule 24f-2 of the Investment Company act of
1940. Pursuant to Rule 24f-2(b)(2), the Registrant filed a Rule 24f-2 Notice for
the last fiscal year (1996) on February 27, 1997.
It is proposed that this filing will become effective:
Immediately upon filing pursuant to paragraph (b)
X On May 1, 1997 pursuant to paragraph (b)
60 days after filing pursuant to paragraph (a)(1)
On pursuant to paragraph (a)(1)
75 days after filing pursuant to paragraph (a)(2)
On pursuant to paragraph (a)(2) of rule 485.
<PAGE>
LINCOLN NATIONAL GLOBAL ASSET ALLOCATION FUND, INC.
CONTENTS OF
POST-EFFECTIVE AMENDMENT NO. 12 AND
AMENDMENT NO. 14
to
Registration on Form N-1A
This amendment consists of the following papers and documents:
Facing Sheet
Contents sheet
Cross-reference sheet
Part A -
Prospectus *
Part B -
Statement of Additional Information *
Part C -
Items 24 through 32 *
Signatures
Exhibit Index
* Incorporated by reference to Post-Effective Amendment No. 12
filed on February 28, 1997.
<PAGE>
LINCOLN NATIONAL GLOBAL ASSET ALLOCATION FUND, INC.
CROSS REFERENCE SHEET
[as required by Rule 481(a)]
Item Number - Part A Location in Prospectus
- -------------------- ----------------------
1. Cover Page Preface
2. Synopsis Not Applicable
3. Condensed Financial
Information Preface
4. General Description of Description of the Fund; Investment
Registrant Policies and Techniques; Investment
Restrictions; Strategic Portfolio
Transactions (Prospectus and Appendix)
5. Management of Fund Description of the Fund; Investment
Policies and Techniques; Management of the
funds (Appendix)
5A. Management's Discussion Management's Discussion of Fund
of Fund Performance Performance (Appendix)
6. Capital Stock and Other Description of Shares; Sales and
Securities Redemption of Shares; General Information;
Distribution; Distribution and Federal
Income Tax Considerations (All in Appendix)
7. Purchase of Securities Net Asset Value; Purchase of Securities
Being Offered Being Offered; Sale and Redemption of
Shares (All in Appendix)
8. Redemption Sale and Redemption of Shares
or Repurchase (Appendix)
9. Legal Proceedings Not Applicable
<PAGE>
Location in Statement of
Item Number - Part B Additional Information
- -------------------- ------------------------
10. Cover Page Cover Page
11. Table of Contents Table of Contents
12. General Information General Information and History
and History
13. Investment Objectives Investment Restrictions; Investment
and Policies Policies and Techniques (continued)
(Appendix); Strategic Portfolio
Transactions (Appendix)
14. Management of the
Fund Directors and Officers (Appendix)
15. Control Persons and See "Management of the Funds" and
Principal Holders of "Description of Shares" in the Prospectus
Securities Appendix
16. Investment Advisory Investment Advisor and Sub-Advisor;
and Other Services Custodian; Independent Auditors (All in
Appendix)
17. Brokerage Allocation Portfolio Transactions and Brokerage
18. Capital Stock and Not Applicable
Other Securities
19. Purchase, Redemption Purchase of Securities Being Offered; Sale
and Pricing of and Redemption of Shares; and Net Asset
Securities Being Offered Value; all in the Prospectus Appendix
20. Tax Status Taxes
21. Underwriters Not Applicable
22. Calculation of Not Applicable (See the SAI for the
Performance Data Variable Annuity Account on Form N-4.)
23. Financial Statements Financial Statements
<PAGE>
PART C - OTHER INFORMATION
Item 24. Financial Statements and Exhibits
a) Financial Statements:
(1) Part A.
-------
The financial highlights of Lincoln National Global Asset Allocation
Fund (the Fund) for the years ended December 31, 1996, 1995, 1994, 1993, 1992,
1991, 1990, 1989, and 1988 and for the period from August 3, 1987 to December 3,
1987, is incorporated by reference to Pages 53-54 of the Fund's 1996 Annual
Report.
Part B.
------
The following financial statements of the Fund are incorporated by
reference to Pages 20-30 and 42-52 and 55 of the Fund's 1996 Annual
Report:
- Statement of Net Assets -- December 31, 1996
- Statement of Operations -- Year Ended December 31, 1996
- Statements of Changes in Net Assets -- Years Ended December 31, 1996
and 1995
- Notes to Financial Statements -- December 31, 1996
In total, only pages 20-30 and 42-55 of the Fund's 1996 Annual Report
are incorporated by reference into this Registration Statement. No
other pages of that Report are incorporated by reference.
(2) Schedules for which provision is made in the applicable
accounting regulations of the Securities and Exchange Commission
are not required under the related instructions, are
inapplicable, or the required information is included in the
financial statements, and therefore have been omitted.
<PAGE>
b) Exhibits:
8 - Custody Fee Schedule*
9(d)- Services Agreement between Delaware Management Holdings,
Delaware Service Company, Inc. and Lincoln National Life
Insurance Company, dated August 29, 1996
11 - Consent of Ernst & Young LLP, Independent Auditors*
17(a)- Financial Data Schedule*
17(b)- Memorandum Concerning Books and Records*
We have no changes to report to Exhibits 1-7,10 and 12-16. These exhibits
are incorporated by reference to the Registration Statement (File No. 33-
13530) including all amendments and/or post-effective amendments.
Item 25. Persons Controlled by or Under Common Control with Registrant
See "Management of the Fund", "Purchase of Securities Being Offered", and
"Description of Shares" in the Prospectus forming Part A of this
Registration Statement and "Investment Advisor and Sub Adviser" in the
Statement of Additional Information forming Part B of this Registration
Statement. As of the date of this Post-Effective Amendment, The Lincoln
National Life Insurance Company (Lincoln Life), for its Variable Annuity
Account C and its Variable Life Account K, is the sole shareholder in the
Fund.
No persons are controlled by the Registrant. A diagram of all persons under
common control with the Registrant is filed as Exhibit 15(a) to the Form
N-4 Registrant Statement filed by Lincoln National Variable Annuity Account
C (File No. 33-25990), and is incorporated by reference into this
Registration Statement.
Item 26. Number of Holders of Securities
As of February 1, 1997, there was one record holder of common stock, $.01
par value per share.
Item 27. Indemnification
See prior filings.
*Incorporated by Reference to Post-Effective Amendment No. 12 filed on
February 28, 1997.
<PAGE>
Item 28. Business and Other Connections of Investment Adviser
Information pertaining to any business and other connections of
Registrant's investment adviser, Lincoln Investment, is hereby incorporated
by reference from the section captioned "Management of the Fund" in the
Prospectus forming Part A of this Registration Statement, the section
captioned "Investment Adviser and Sub-Adviser" in the Statement of
Additional Information forming Part B of this Registration Statement, and
Item 7 of Part II of Lincoln Investment's Form ADV filed separately with
the Commission (File No. 801-5098). Information pertaining to any business
and other connections of Registrant's sub-investment adviser, Putnam
Management, Inc. ("Putnam") is incorporated by reference from the section
of the Prospectus captioned "Management of the Fund," the section of the
Statement of Additional Information captioned "Investment Adviser and Sub-
Adviser," and Item 7 of Part II of Putnam's Form ADV filed separately with
the Commission (File No. 801-5097).
The other businesses, professions, vocations, and employment of a
substantial nature, during the past two years, of the directors and
officers of Lincoln Investment and Putnam are hereby incorporated by
reference, respectively, from Schedules A and D of Lincoln Investment's
Form ADV and from Schedules A and D of Putnam's Form ADV.
As of February 1, 1997, the officers and/or directors of the Investment
Adviser held the following positions: (Incorporated by reference to Post-
Effective Amendment No. 12 filed on February 28, 1997)
Item 29. Principal Underwriters
Not applicable.
Item 30. Location of Accounts and Records
See Exhibit 17(b): Books and Records -- Lincoln National Global Asset
Allocation Fund, Inc. -- Rules Under Section 31 of the Investment Company
Act of 1940.
Item 31. Management Services
Not applicable.
Item 32. Undertakings
See prior filings.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933 and the
Investment Company Act of 1940, the Registrant certifies that it meets all of
the requirements for effectiveness of this Amendment to the Registration
Statement, pursuant to Rule 485(b) under the Securities Act of 1933 and has duly
caused this Amendment to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Fort Wayne, and State of Indiana, on the 2nd day
of April, 1997.
LINCOLN NATIONAL
GLOBAL ASSET ALLOCATION FUND, INC.
By /s/ Kelly D. Clevenger
----------------------
Kelly D. Clevenger
President
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed below by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
Signature Title Date
- --------- ----- ----
<S> <C> <C>
April 2, 1997
/s/ Kelly D. Clevenger Chairman of the Board _______________
- ---------------------- President and Director
Kelly D. Clevenger (Principal Executive
Officer)
April 2, 1997
* Director _______________
- ------------------------
John B. Borsch, Jr.
April 2, 1997
* Director _______________
- ----------------------
Stanley R. Nelson
April 2, 1997
*** Director ______________
- ---------------------------
Barbara S. Kowalczyk
April 2, 1997
** Director _______________
- --------------------
Nancy L. Frisby
April 2, 1997
/s/ Lantz M. Mintch Chief Accounting Officer _______________
- ------------------- (Principal Accounting
Lantz M. Mintch Officer)
April 2, 1997
/s/ Janet C. Whitney Vice President and _______________
- -------------------- Treasurer (Principal
Janet C. Whitney Financial Officer)
* By /s/ Jeremy Sachs pursuant to a Power of Attorney filed with the original
------------------- Registration Statement.
Jeremy Sachs
** By /s/ Jeremy Sachs pursuant to a Power of Attorney filed with Post-
------------------- Effective Amendment No. 8 to this Registration
Jeremy Sachs Statement.
*** By /s/ Jeremy Sachs pursuant to a Power of Attorney filed with Post-
------------------- Effective Amendment No. 9 to the Registration
Jeremy Sachs Statement.
</TABLE>
