TOPEKA, Kan., Oct. 6 KS-SFR-Offrs-Am-Funds
Enhanced Retirement Platform for 403(b)(7), 457(b), and 401(k)
TOPEKA, Kan., Oct. 6 /PRNewswire/ -- Security Benefit is adding five mutual funds from American Funds(R) to the SFR(R) Program, a group retirement platform for 403(b)(7), 457(b) and 401(k) plans. The funds that will be added to the program include: American Funds(R) EuroPacific Growth, American Funds(R) Capital World Growth and Income, American Funds(R) Fundamental Investors(SM), American Funds(R) The Growth Fund of America(R) and American Funds(R) The Income Fund of America(R). The SFR Program is Security Benefit's fastest growing product in the K-12 market.
"The addition of these American Funds provides advisors and their clients with enhanced and diversified fund options," said Kevin Watt, vice president of business development for Security Benefit.
The SFR Program is designed for use by educational, corporate, governmental and non-profit employers. With a robust fund line up, employee investment support and fiduciary oversight tools the program is designed to increase plan quality, ease of operation and employee participation.
Among the SFR features are:
- A multi-manager mutual fund platform of investments
- Competitive pricing
- Fiduciary tools for plan sponsors including:
- Investment Practices Statement
- Continuous monitoring of fund performance
- Updating and replacement of underperforming investments
- Quarterly report card
- A complete suite of services for employees through Morningstar Associates, including:
- Morningstar(R) Learning Station(SM)
- Target Portfolios Powered by Morningstar(R)
- Managed by You
- Managed by Morningstar
- Support from independent local financial representatives.
You should consider the investment objectives, risks, and charges and expenses of the mutual funds carefully before investing. You may obtain a prospectus that contains this and other information about the mutual funds by calling our National Service Center at 1-800-888-2461. You should read the prospectus carefully before investing. Investing in mutual funds involves risk and there is no guarantee of investment results.
The SFR Program is distributed by Security Distributors, Inc., a subsidiary of Security Benefit Corporation ("Security Benefit"). The
SFR 401(k) and 401(a) Programs are Trust Accounts under section 401 of the Internal Revenue Code. The
SFR 403(b)(7) ERISA and 403(b)(7) Voluntary Programs are Custodial Accounts under section 403(b)(7) of the Internal Revenue Code. The
SFR 457 Governmental Program and the
SFR 457 Top Hat Program are Trust Accounts under section 457(g) of the Internal Revenue Code.
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. Powered by Morningstar refers to services performed by Morningstar Associates. 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.
About Security Benefit
Security Benefit fosters strong partnerships to provide insightful and customized retirement solutions for employers and individual investors nationwide. Through a broad advisor network and its nationally recognized money managers, Security Benefit provides mutual funds, annuities, exchange traded funds, broad retirement plans and programs. As an industry leader in service technology, Security Benefit affiliates also offer business processing and broker/dealer solutions tailored to the financial services marketplace. For more information about us, visit www.securitybenefit.com.
SOURCE Security Benefit
