Lincoln Financial Group (NYSE: LNC) announced today that it has launched its Presidential® Managed Risk Moderate Fund, which complements plan sponsors’ investment line-ups with a diversified risk-managed fund designed for plan sponsors and investors concerned with the volatility of today’s markets.

“Many plans offer target date funds that maintain their equity exposures, regardless of market conditions,” said Daniel Hayes, Vice President and Head of Funds Management, Lincoln Financial Group. “The Presidential® Managed Risk Moderate Fund can enhance a plan’s investment line-up by giving risk adverse participants an alternative. It provides these participants with broad exposure to financial markets and upside potential without having to bear the full brunt of market dips.”

The Presidential® Managed Risk Moderate Fund is an asset allocation/balanced fund constructed from diversified ETFs, including Vanguard, State Street and iShares. A risk management overlay seeks to protect investors during volatile markets and reduce the impact on their account values. Lincoln Financial also offers a series of Presidential target date funds, which utilize the same risk management overlay. The Presidential target date funds will hit their three year anniversary later this year.

Important disclosures:

Mutual funds are sold by prospectus. An investor should carefully consider the investment objectives, risks, and charges and expenses of the investment company before investing. The prospectus and, if available, the summary prospectus contain this and other important information and should be read carefully before investing or sending money. Investment values will fluctuate with changes in market conditions, so that upon withdrawal, your investment may be worth more or less than the amount originally invested. Prospectuses for the Presidential® Managed Risk Funds are available at 800-234-3500.

THE PRESIDENTIAL® MANAGED RISK FUNDS ARE NOT GUARANTEED OR INSURED BY LINCOLN OR ANY OTHER INSURANCE COMPANY OR ENTITY, AND SHAREHOLDERS MAY EXPERIENCE LOSSES. THE PROTECTION STRATEGY USED BY THESE FUNDS IS SEPARATE AND DISTINCT FROM ANY ANNUITY OR INSURANCE CONTRACT RIDER OR FEATURES.

The Presidential® Managed Risk Funds are distributed by Lincoln Financial Distributors, Inc., a broker-dealer. Lincoln Investment Advisors Corporation (LIAC) serves as the investment advisor to the Presidential® Managed Risk Funds. LIAC is the subsidiary of The Lincoln National Life Insurance Company responsible for analyzing and reviewing the investment options within Lincoln variable products and providing recommendations regarding these options to Lincoln senior management.

About Lincoln Financial Group

Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC) and its affiliates. With headquarters in the Philadelphia region, the companies of Lincoln Financial Group had assets under management of $207 billion as of December 31, 2013. Through its affiliated companies, Lincoln Financial Group offers: annuities; life, group life, disability and dental insurance; employer-sponsored retirement plans; savings plans; and comprehensive financial planning and advisory services.

For more information, including a copy of our most recent SEC reports containing our balance sheets, please visit www.lincolnfinancial.com.