Morningstar Investment Management LLC is a registered investment advisor and subsidiary of Morningstar, Inc. Neither Morningstar Investment Management nor Morningstar is affiliated with the Lincoln Financial Group.
The asset allocation portfolios developed by Morningstar Investment Management LLC are based on generally accepted investment theories that take into account historical market performance and investment principles specified by modern portfolio theory. The material facts and assumptions on which the asset allocation portfolios may be based include capital markets forecasting, mean-variance analysis, liability-driven investing, and Morningstar Investment Management’s patented Human Capital methodology. Morningstar Investment Management will determine the asset class opportunity set to construct the asset class portfolios by assessing the asset class exposures provided by the plan sponsor’s unique lineup of investment options.
The asset allocation portfolios generally include some of the investment options available in the plan. However, other investment options with similar risk and return characteristics may be available. Information on these investment options may be found in the investment section of the enrollment book or the fund prospectus. The final decision regarding investment choices is the participant’s or beneficiary’s, based on his or her individual situation, which may include factors and circumstances beyond the scope of these portfolios, including, but not limited to, a participant’s or beneficiary’s other assets, income, and investments (e.g., equity in a home, IRA investments, savings accounts, and interests in other qualified and nonqualified plans), investment time horizon, and risk tolerance, in addition to their interest in the plan. The asset allocation portfolios may contain mutual funds, collective investment trusts and a stable value option.
An investor should consider carefully the investment objectives, risks, and charges and expenses of the investment options in the plan before investing. For mutual funds and collective investment trusts, the prospectus or similar document contains this and other important information and should be read carefully before investing or sending money. Investment values will fluctuate with changes in market conditions so that, upon withdrawal, your investment may be worth more or less than the amount originally invested. For a prospectus or similar disclosure document, please contact your Lincoln representative.
Through a single investment option, YourPath® target-date + risk portfolios allow retirement plan participants to invest in a mix of mutual funds and other investments that correspond to a specific risk profile and investment time horizon that includes the year (target date) in which the participant expects to retire. As the target date approaches, the mix or asset allocation of funds or other investments making up the portfolio (and owned by the participant) will change over time, becoming less growth-oriented and more conservative.
YourPath® portfolios are investment options in your retirement plan and do not represent investment recommendations or advice. YourPath® portfolios are not mutual funds. YourPath® portfolios are periodically rebalanced (not less frequently than annually). An asset allocation strategy doesn’t guarantee performance or protect against investment losses. Keep in mind that all investments involve risk. The value of the investment options that make up a specific portfolio you choose to invest in will fluctuate, and there is no assurance that the objective of any portfolio will be achieved. Moreover, a YourPath® portfolio’s actual allocation may vary from the target strategic allocation at any point in time. Shares of the underlying mutual funds within the portfolio are redeemable at the then-current net asset value of the fund, which may be more or less than their original cost.
The stable value option may be offered as a fixed annuity through Lincoln Financial Group® affiliates or as a collective trust through independent third party trust companies.
Lincoln Stable Value Account is a fixed annuity contract issued by The Lincoln National Life Insurance Company, Fort Wayne, IN 46802 on Form 28866-SV 01/01, 28866-SV20 05/04, 28866-SV90 05/04, AN 700 01/12, or AR 700 10/09. Guarantees for the Lincoln Stable Value Account are subject to the claims-paying ability of the issuer. The Lincoln National Life Insurance Company does not solicit business in the state of New York, nor is it authorized to do so.
For contracts issued in New York, the Lincoln Stable Value Account is a fixed annuity issued by Lincoln Life & Annuity Company of New York, Syracuse, NY.
This material is provided by The Lincoln National Life Insurance Company, Fort Wayne, IN, and, in New York, Lincoln Life & Annuity Company of New York, Syracuse, NY, and their applicable affiliates (collectively referred to as “Lincoln”). This material is intended for general use with the public. Lincoln does not provide investment advice, and this material is not intended to provide investment advice. Lincoln has financial interests that are served by the sale of Lincoln programs, products and services.
For advisor and consultant use only. Not for use with the public.