Jefferson National and Exceed Investments Launch First “Defined Outcome” Fund within Tax-Deferred Wrapper to Help RIAs and Fee-Based Advisors Manage Low Yield, High Volatility Market
Louisville, KY—March 1, 2016—Jefferson National, the recognized innovator of a leading tax-advantaged investing solution for Registered Investment Advisors (RIAs), fee-based advisors and the clients they serve, has launched the new JNF Exceed Defined Shield Index Portfolio to be managed by Exceed Investments LLC. Exceed is a New York-based boutique asset management firm that is pioneering “defined outcome” investing solutions. This liquid, transparent 40-act fund, which is designed to provide controlled market exposure with a preset, defined level of downside protection is now available for the first time within a tax-deferred wrapper.
“Today yields on fixed income are at record lows, at the same time that nearly 90% of advisors expect market volatility to increase, ranking China’s economy, the oil market, and presidential elections as the most influential factors, according to our most recent survey,” says Laurence P. Greenberg, President of Jefferson National. “To help clients create more durable portfolios and achieve a more defined outcome in the face of these challenges, our new fund is designed to provide a pre-set level of protection with a maximum gain component, wrapped with the low-cost tax deferral of Monument Advisor, to optimize performance in a market where every basis point counts.” Greenberg concludes, “Both Jefferson National and Exceed Investments share a mission of providing simplicity, transparency and choice with solutions designed to meet the most urgent needs of RIAs and fee-based advisors.”
The retail version of the fund is available on a number of platforms including Charles Schwab, Fidelity, TD Ameritrade and Pershing. The JNF Exceed Defined Shield Index Portfolio is exclusively offered through Jefferson National's Monument Advisor, the industry's first and only flat-fee Investment-Only Variable Annuity (IOVA)1 with lower cost, more transparency, greater liquidity, and 9x more underlying funds than the typical VA. The fund seeks to track the performance of the Nasdaq Exceed Defined Protection Index (EXPROT), with exposure to the S&P 500, while providing the following:
- Limiting losses to no more than 12.5% on an annualized basis
- Annual upside participation at a maximum gain of 15%
“Defined outcome investing is a breed of investment that is typically the domain of High Net Worth clients and institutional investors—highly effective, but often expensive, opaque and illiquid,” notes Exceed Investments CEO Joseph Halpern. “Exceed has redefined this market by providing fully liquid, readily accessible and transparent defined outcome solutions that can help clients stay invested in volatile times, knowing a solid floor is there to protect their assets and help them achieve long-term goals. Combining this with Jefferson National’s unique approach to tax-advantaged investing can produce measurable benefits for RIAs, fee-based advisors and the clients they serve.”
Financial Professionals may download a copy of “Defining the Outcome: Managing Client Expectations in a Low Return, High Volatility Environment” by Thomas J. Quinn, CFA, and sign up for our upcoming webinar hosted by NASDAQ using the following link: https://www.jeffnat.com/exceed/
1Jefferson National’s Monument Advisor has a $20 monthly flat insurance fee. Additional low-cost fund platform fees ranging from .10% - .35% will be assessed for investors wishing to purchase shares of low-cost funds. See the prospectus for details. Certain low-cost funds may only be available to you if you retain certain investment advisors.
About Exceed Investments LLC
Exceed Investments is a New York-based boutique asset management firm that offers defined outcome investments allowing for a shaped risk/return exposure. The firm provides controlled investments with pre-set characteristics, such as a defined level of downside protection, thereby tailoring to the needs of investors with risk tolerances that differ from direct market exposures. All Exceed solutions are standardized and rules based allowing for transparency of both investment and market exposure. The firm has partnered with Nasdaq to launch a family of defined outcome investment indexes and manages related investment strategies. To learn more please visit www.exceedinvestments.com. Follow us on twitter (www.twitter.com/exceedinvest) and on LinkedIn (www.linkedin.com/company/exceed-investments-llc/).