New York Stock Exchange–listed financial services provider Lincoln Financial Group has introduced LVIP Protected Profile funds. Lincoln Investment Advisors Corp., which has $27.7 billion of assets under management, will oversee the fund.
The new scheme uses multi-manager investment approach and provides investors access to capital protection and volatility management within a target-date fund. The target-date fund-of-funds investment product can be availed via Lincoln’s micro-to-small market retirement plan solution.
Click here for the release from PR Newswire.