Lincoln Launches Managed Risk Fund for DC Plans

“Many plans offer target-date funds that maintain their equity exposures, regardless of market conditions,” says Daniel Hayes, vice president and head of Funds Management at Lincoln Financial Group in Radnor, Pennsylvania. “The Presidential Managed Risk Moderate Fund can enhance a plan’s investment lineup by giving risk adverse participants an alternative. It provides these participants with broad exposure to financial markets and upside potential without having to bear the full brunt of market dips.”

The fund is an asset allocation/balanced fund constructed from diversified exchange-traded funds (ETFs), including Vanguard, State Street and iShares. A risk management overlay seeks to protect investors during volatile markets and reduce the impact on their account values. Lincoln Financial also offers a series of Presidential target-date funds (TDFs), which utilize the same risk management overlay.

Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates, which had assets under management of $207 billion as of December 31, 2013. More information is available here.