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What are the symbols or ticker symbols for my investment options?

April 26, 2017Investment Options Symbols Ticker

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What are the symbols or ticker symbols for my investment options?

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Ticker symbols are used for mutual funds that are publicly traded. According to the IRS’s Revenue Ruling 81-125, annuity contracts that are available for non-qualified business cannot use publicly traded mutual funds. As a result, for those types of annuity contracts, we are permitted to use funds that are available only to insurance companies. Annuity contracts used in conjunction with qualified plans are allowed to use publicly traded funds. Studies** have shown that, on average, publicly available funds have higher expenses than funds available only to insurance companies. Currently, Lincoln Retirement has taken the position not to use these funds in those annuity contracts available only to qualified plans. Therefore, since the funds we use are not publicly traded, they do not have ticker symbols.