Jefferson National, Operating as Nationwide's Advisory Solutions Business, Adds New Investment Options to Help RIAs and Fee-Based Advisors Build More Robust Portfolios
Louisville, KY— November 28, 2017— Jefferson National, operating as Nationwide’s advisory solutions business, adds two new funds to Monument Advisor, the industry’s first[i] and only Flat-Fee[ii] Investment-Only Variable Annuity (IOVA). A leading distributor of tax-advantaged investing solutions for Registered Investment Advisors (RIAs), fee-based advisors, and the clients they serve, the company continues to offer the industry’s largest lineup of investment options,[iii] including the most alternatives such as real assets, trading assets, and liquid alternatives[iv] utilizing strategies like those favored by hedge funds and elite institutional investors.
“In this year’s ongoing bull market, where taxes may be one of the biggest investment expenses clients face, RIAs and fee-based advisors continue to understand the importance of leveraging our tax-advantaged investing solution as part of a holistic approach to planning and building more robust client portfolios,” said Craig Hawley, a leader of Nationwide’s advisory solutions business. “With its flat-fee pricing, the industry’s most underlying funds, and more alternative investment options than any other Investment-only VA, Monument Advisor is tailor-made to meet the unique needs of RIAs, fee-based advisors and the clients they serve.”
In response to advisor demand, Monument Advisor’s lineup now includes its first DoubleLine Capital fund. This award-winning investment manager, in partnership with Nationwide, created the DoubleLine NVIT Total Return Tactical Fund. The strategy seeks to enhance returns by exploiting inefficiencies within the subsectors of the fixed income market, while maintaining active risk management constraints. DoubleLine’s preemptive asset allocation process raises or lowers asset weightings based on analysis of sector fundamentals and relative valuation. DoubleLine employs specialized teams for each asset class and incorporates their deep experience and research.
In addition, Monument Advisor rounds out its suite of funds from Dimensional Fund Advisors (DFA), now offering the VA Equity Allocation Fund. The fund encompasses diversified value added exposure to global equity securities in both developed and emerging markets. It over weights to companies with smaller market capitalizations, lower relative prices, and higher profitability to increase expected returns.
To learn more and view the industry’s largest fund lineup, RIAs, fee-based advisors and their clients can visit Monument Advisor’s fund performance tool.
[i] Mogel, Gary S. (2005, June 6), Flat-fee variable annuity makes its debut. Investment News. Retrieved from http://www.investmentnews.com/article/20050606/SUB/506060708
[ii] Jefferson 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.
[iii] Morningstar Data as of 12/31/16.
[iv] Morningstar Data as of 12/31/16.
An investor should carefully consider the investment objectives, risks, charges and expenses of the investment before investing or sending money. For a prospectus and underlying fund prospectuses 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. Withdrawals of tax-deferred accumulations are subject to ordinary income tax. Withdrawals made prior to age 59½ 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.
Alternative Investing Risk. The value of securities selected using the sub-adviser’s liquid alternative approach can react differently to issuer, political, market, and economic developments than the market as a whole or securities selected using only fundamental or traditional methods of analysis. The factors used in the sub-adviser’s analysis and the weight placed on those factors may not be predictive of a security’s value. In addition, factors that affect a security’s value can change over time and these changes may not be reflected in the liquid alternative investment approach.
For a complete listing of the risks associated with each fund mentioned above, please see the underlying fund prospectus. NVIT Funds are not sold to individual investors. These investment options are underlying subaccounts and cannot be purchased directly by the public. They are only available through variable products issued by life insurance companies.
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Variable Annuities are issued by Jefferson National Life Insurance Company, (Dallas, TX), or Jefferson National Life Insurance Company of New York (New York, NY) and distributed by Jefferson National Securities Corporation, FINRA member. Policy series JNL-2300-1, JNL-2300-2, JNL-2300-3, JNL-2300-1-NY, JNL-2300-2-NY. Mentions of 'Monument Advisor' refer also to Monument Advisor of New York.