Products June 16, 2003

Delaware Releases R Share Multi-Manager Platform

June 16, 2003 (PLANSPONSOR.com) - Plan sponsors of smaller plans looking for a way to invest plan assets at net asset value (NA), will be interested in Delaware Investments' launch of a multi-manager R share platform.
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The newshareclass, available to plan sponsors with total plan assets under $10 million, is geared to support Delaware’s 401(k), ERISA 403(b), Governmental457,Profit Sharing and Money Purchase plans, and non-qualifieddeferred compensation arrangements. Since plans above $10 million in total assets are eligible to purchase A shares at NAV, these plans are ineligible for R share purchases, according to a news release.

Outside fund families included in this multi-manager platform include:

  • AIM
  • Alger
  • Janus
  • Lord Abbett
  • MFS
  • Pioneer
  • Putnam
  • State Street Research
  • Van Kampen

The multi-manager platform is available to plan sponsors with $1millionor more in total plan assets. Plans with less than $1 million of assetsqualify for a platform offering R share funds managed by DelawareInvestments.

For more information, financial advisors can visit  www.lfd.com  or call their Lincoln Financial Distributors sales contact at (877) 533-0003.   While there is no upfrontcommissionwith R shares, advisors are compensated with an immediate 50 basis points trailthat ispaid monthly.

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