As the new administration begins to layout their agenda and we continue to reopen from COVID-19 concerns, as vaccines find their way into more arms, LSA is implementing updated revisions to all of the model portfolios over the next three weeks. These changes will impact all solutions including the NTF portfolios. In the LSA 2021 Outlook presentation, a number of investment themes were laid out that we would be focused on in 2021. Due to the recent weakness in fixed income, we will be making some model changes. We will be releasing our updates in three blocks starting with Mutual fund models, second we will focus on direct mutual fund models and ETF solutions, and finally we will be releasing all variable annuity and VUL solutions. Below you will find a breakdown of the upcoming changes:
The Week of April 5th
Posted Thursday, April 8th – Private Client Traditional, Private Client, Private Client IQ, SRI – targeted trade date – Thursday, April 15th.
Posted Friday, April 9th – PC L100k, PC Income Strat, BME, CBP – targeted trade date – Friday, April 16th.
*The mutual fund model revisions will impact the NTF models as well.
*As a reminder, the Revision Explanation Presentation/Video will be posted in the “Portfolio News,” section on each of the platform home pages.
The Week of April 12th:
The following models will be updated (American Funds, ETF, ETF Tactical, Fidelity, JNL Elite Access, Private Client Blended, Private Client Tax Eff, Sammons, TSP, Vanguard, Vanguard Tax Efficient, and Voya Select Advantage). The revision schedule will be posted on Monday the 12th.
The Week of April 19th:
The following models will be updated (Allianz, AXA, Hartford, JNL, Jefferson National, Lincoln, Metlife, Nationwide, Ohio, Paclife, Protective Life, Prudential, SBL AD, SBL SD, Sunlife, Transamerica, Valic, Voya GS, and Voya VUL). The revision schedule will be posted on Monday the 19th.
See rationale on your LSA Dashboard (must be logged in) and more model-specific explanation under the Portfolio News section