Security Benefit Advisor Mutual Fund Program
Available for use within a 403(b)(7), 457, and an IRA
For members who primarily need growth; has market risk
The Security Benefit Advisor Mutual Fund Program is a multi-fund family platform that offers you a variety of investment options, broad diversification and professional money management with Managed by Morningstar®.
Security Benefit's Advisor Mutual Fund program offers various ways to help you save for retirement, including 403(b)(7) and 457 accounts, traditional IRAs, Roth IRAs, SIMPLE IRAs and SEP IRAs.
The program offers:
Choice from 100 mutual funds
More than 25 world-class investment managers
A variety of asset classes including traditional, global equity, fixed income, and alternative investments
Exchange funds in the program without additional charges
The advantage of money management services offered by Morningstar®
Speak to your NEA Retirement Specialist to learn more about adding this product to your portfolio.
Fact Sheets (PDF, product overview with guide to build your own fund portfolio): Option 3, Option 4
Product Brochure (PDF)
You should consider the investment objectives, risks, charges, and expenses of the mutual funds carefully before investing. You may obtain prospectuses or summary prospectuses (if available) that contain this and other information about the mutual funds by calling our Service Center at 800.888.2461. You should read the prospectuses or summary prospectuses (if available) carefully before investing. Investing in mutual funds involves risk and there is no guarantee of investment results.
The Morningstar name and trademarks are used under license from Morningstar Associates, LLC, a registered investment advisor and a wholly-owned subsidiary of Morningstar, Inc. Morningstar, Inc. and Morningstar Associates, LLC are not affiliated with Security Benefit, its subsidiaries and affiliates. Security Benefit has no responsibility for the management operations of Morningstar or any of its affiliates.
*Withdrawals are subject to ordinary income tax and if withdrawn prior to age 59½ may be subject to a 10% IRS penalty tax.
Securities are distributed by Security Distributors, a subsidiary of Security Benefit Corporation (Security Benefit.)
The Security Benefit Foundations Annuity, form 5800 (11-10) and ICC10 5800 (11-10), a flexible purchase payment deferred fixed indexed annuity, and the Guaranteed Lifetime Withdrawal Benefit Rider, form 5821 (5-11) and ICC11 5821 (5-11), are issued by Security Benefit Life Insurance Company. Product features, limitations and availability may vary by state. Please refer to the annuity contract and GLWB Rider for additional explanation of the product and any charges or limitations.
Guarantees provided by annuities are subject to the financial strength of the issuing insurance company. Annuities are not FDIC or NCUA/NCUSIF insured; are not obligations or deposits of, and are not guaranteed or underwritten by any bank, savings and loan or credit union or its affiliates; are unrelated to and not a condition of the provision or term of any banking service or activity.
The NEA Retirement Program (“NEA Program”) provides investment products for retirement plans sponsored by school districts and other employers of NEA members and individual retirement accounts established by NEA members. Security Distributors and certain of its affiliates (collectively, “Security Benefit”) make these products available to plans and accounts pursuant to an agreement with NEA’s wholly owned subsidiary, Member Benefits (“MB”), which markets the NEA Program. Security Benefit has the exclusive right to offer the products directly or through other authorized broker/dealers, and MB in marketing the NEA Program generally may not enter into arrangements with other providers of similar investment programs or otherwise promote to NEA members or their employees any investment products that compete with the NEA Program products. Security Benefit pays an annual fee to MB under the agreement. You may wish to take into account this agreement and arrangement when considering and evaluating any communications relating to NEA Retirement products.
NEA and MB are not affiliated with Security Benefit. Neither NEA nor MB is a registered broker/dealer. All securities brokerage services are performed exclusively by your sales representative’s broker/dealer and not by NEA or MB.
NEA, NEA Member Benefits and the NEA Member Benefits logo are registered service marks of NEA Member Benefits.