YourPath SM target-date + risk portfolios from leading investment managers

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A flexible approach to target-date offerings.

Lincoln portfolio administration services offer YourPathSM portfolios — a series of unitized target-date + risk portfolios primarily consisting of funds from leading investment managers with 3(38) fiduciary support from Morningstar Investment Management LLC. Each portfolio also includes Lincoln Stable Value as part of the portfolio allocation to reduce market volatility. The target-date portfolios may be used for a plan’s Qualified Default Investment Alternative (QDIA).

YourPathSM portfolios provide a more personalized target-date investment for retirement plan participants. The selection of these portfolios allows plan sponsors to offer participants conservative, moderate and growth glide paths with 3(38) fiduciary support by Morningstar Investment Management LLC. To offer the series as a QDIA, the plan sponsor selects the glide path most appropriate for its employee population.

Investment experience from leading managers

You can choose one of three YourPath target-date + risk series to include in a plan lineup including active, hybrid, or passive management. 
  

Group and American Funds Logo
Active management

These YourPathSM portfolios primarily consist of actively managed mutual funds by American Funds® with 3(38) fiduciary support by Morningstar Investment Management LLC. Each portfolio also includes Lincoln Stable Value to reduce market volatility.  Overview

American Century and State Street Logo
Hybrid management – active and passive

These YourPathSM portfolios offer a hybrid of active and passive investment management. The portfolios primarily consist of actively managed mutual funds from American Century Investments® and passively managed indexed mutual funds by State Street Global Advisors, with 3(38) fiduciary support by Morningstar Investment Management LLC. Each portfolio also includes Lincoln Stable Value to reduce market volatility.  Overview

Built with iShares
Passive management

These YourPathSM portfolios primarily consist of iShares® index mutual funds from BlackRock® with 3(38) fiduciary support by Morningstar Investment Management LLC. Each portfolio also includes Lincoln Stable Value to reduce market volatility.  Overview

   

Asset allocation experience of Morningstar Investment Management LLC

YourPathSM portfolios offer you the investment expertise of Morningstar Investment Management, a nationally recognized financial research organization and registered investment advisor, as the 3(38) investment manager with discretion for the portfolios. By offering YourPathSM portfolios, a plan sponsor delegates the fiduciary responsibility associated with developing, monitoring and updating the portfolios to Morningstar, and benefits from the added protection of a 3(38) advisor.
   

 


Morningstar Investment Management’s sample glide paths

These charts show sample glide paths developed by Morningstar Investment Management LLC. The glide path varies for each target-date + risk portfolio in the series.

  

  • Conservative glide path
  • Moderate glide path
  • Growth glide path
YourPath Conservative Glide Path Image
YourPath Moderate Glide Path Image
YourPath Growth Glide Path Image

   

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Contact us

For more information about YourPathSM portfolios from leading investment managers, contact your retirement plan representative.

YourPathSM portfolios are available as investment options in the Lincoln Alliance® program.

Through a single investment option, YourPathSM 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. 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.

Mutual funds in the Lincoln Alliance® program are sold by prospectus. An investor should carefully consider the investment objectives, risks, and charges and expenses of the investment company before investing. The prospectus and, if available, the summary prospectus contain 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. Prospectuses for any of the mutual funds in the Lincoln Alliance® program are available at 800‑234‑3500.

The 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. The Lincoln National Life Insurance Company does not solicit business in the state of New York, nor is it authorized to do so. Guarantees for the Lincoln Stable Value Account are subject to the claims-paying ability of the issuer.

Morningstar Investment Management creates the YourPathSM portfolios from the investment options made available by Lincoln. The portfolio lineups are subject to change. The investment options within the portfolio involve risk and will not always be profitable. Morningstar Investment Management does not guarantee that negative returns can or will be avoided. There is no guarantee that the portfolio will provide adequate income at and through your participants’ retirement. An investment made in an investment option may differ substantially from its historical performance and as a result, your plan participant may incur a loss. Past performance is no guarantee of future results.

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.

American Funds, BlackRock, American Century Investments, Morningstar Investment Management LLC, State Street Global Advisors, The Lincoln National Life Insurance Company, and Lincoln Financial Group are not affiliated companies.

Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates. Affiliates are separately responsible for their own financial and contractual obligations.

The Lincoln Alliance® program includes certain services provided by Lincoln Financial Advisors Corp. (LFA), a broker-dealer (member FINRA and SIPC) and an affiliate of Lincoln Financial Group, 1300 S. Clinton St., Fort Wayne, IN 46802. Unaffiliated broker-dealers also may provide services to customers.

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.