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 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.
YourPath® CIT portfolios are not mutual funds. They are a collective investment trust available only to tax-qualified plans and their eligible participants.
Participation in collective trusts is governed by terms of the trust and participation materials.
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.
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.