Monument Advisor Fund Performance
Fund performance is available here in two different formats:
- Standardized performance represents the past performance of the funds, including the deduction of underlying fund fees and the $240 flat insurance fee. Performance is presented beginning with the separate account inception date. If a fund was added after the separate account inception date, performance is shown as of the date the fund was added.
- Hypothetical performance is similar to standardized performance, with one major difference – if a fund existed prior to being included in the separate account, "hypothetical" returns are presented, as if the fund were available in the separate account from the funds inception date.
The performance data quoted represents past performance. Past performance is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value of an investment will fluctuate and the portfolios' shares, when redeemed, may be worth more or less than their original cost. Performance numbers are updated daily and represent historical returns since fund inception. When requesting performance reports for dates prior to today, please be aware that the performance numbers displayed may not reflect any unit value corrections made in the interim.
The expense ratios listed reflect the charges after contractual waivers that have been committed to through at least the next April. For expense ratios Gross of any reimbursement, please see the underlying fund prospectus, which can be found under the documents tab.
As required by the SEC, the Hypothetical Average Annual Total Returns represent past performance based on a hypothetical investment of $1,000. The returns reflect deduction of a $240 annual subscription fee. For the purposes of showing performance, the $240 flat insurance fee has been converted into an asset-based charge as a percentage of the average contract size which changes daily. As of December 31, 2007, the average contract size was $190,000. Returns for the underlying funds active pior to the 1/18/1996 separate account inception date are computed using hypothetical unit values which are based on the underlying fund's performance less separate account charges and underlying fund fees; they assume the underlying fund was available as of its inception date.
An investor should carefully consider the investment objectives, risks, charges and expenses of the investment before investing or sending money. For a prospectus containing this and additional information, please contact your financial professional. Read it carefully before investing. The summary of product features is not intended to be all-inclusive. Restrictions may apply. The contracts have exclusions and limitations, and may not be available in all states or at all times.
Variable annuities are investments subject to market fluctuation and risk, including possible loss of principal. Your units, when you make a withdrawal or surrender, may be worth more or less than your original investment.
Variable annuities are long-term investments to help you meet retirement and other long-range goals. Withdrawal of tax-deferred accumulations are subject to ordinary income tax. Withdrawals made prior to age 59 ½ may incur a 10% IRS tax penalty. Jefferson National does not offer tax advice. Annuities are not deposits or obligations of, or guaranteed by any bank, nor are they FDIC insured.
Monument Advisor is issued by Jefferson National Life Insurance Company (Dallas, TX) and distributed by Jefferson National Securities Corporation, FINRA member. Policy series JNL-2300-1, JNL-2300-2.
Form #: jef-annuityfundperformance-20081121