Investacorp, Inc. offers many different investment products including mutual funds, variable annuities, variable life insurance and real estate investment trusts. We are committed to providing clients with the information they need to make informed investment decisions.
On this page you will find important information that you may wish to consider when selecting investments with the help of your Investacorp Registered Representative.
The information on this page will be updated from time to time.
Mutual Fund Compensation Disclosure
At Investacorp, Inc. (“Investacorp”) we receive compensation from all of the mutual fund families with which we have a selling agreement. These payments may include commissions (sometimes referred to as “loads”), trailing commissions (including 12b1 payments) and payments made in connection with programs that support our marketing and sales-force education and training efforts (referred to here as “Sponsorship Programs”).
The mutual fund companies (i.e. product vendors) that participate in our Sponsorship Programs are selected based on several criteria including brand recognition, product breadth, investment performance, and training/wholesaler support. In addition to the fees disclosed in the applicable prospectus fee table, Investacorp receives cash compensation from the product vendors that participate in our Sponsorship Programs. They do so in exchange for certain benefits, such as broader access to our Registered Representatives in providing training and educational presentations.
Typically, payments made under the Sponsorship Programs are calculated based upon total product sales and/or assets under management (“AUM”) held by the participating product vendor. Investacorp may receive compensation of up to 0.20 percent of the gross product sales, and additionally, up to 0.05 percent of AUM. For example, if you invested $10,000 dollars with a participating product vendor, Investacorp could receive up to $20.00 based on the gross sales amount. In addition, if you held assets worth $10,000 with a participating mutual fund family for one year, Investacorp could receive up to $5.00 based on the asset amount. Investacorp Registered Representatives do not receive any part of these payments.
We also have a Conference Sponsorship Program that includes participation at Investacorp’s National Conference. Typically, a product vendor who wishes to attend our National Conference would make a one-time Sponsorship payment, which allows them to make presentations to our Registered Representatives and/or provides the vendor with exhibit/advertising space at the Conference.
We believe that these programs do not compromise the assistance or guidance provided by your Investacorp Registered Representative.
Participating Sponsors*
The following mutual fund product vendors have participated in one of Investacorp’s Sponsorship Programs: AIM Investments, American Funds, Franklin Templeton, Hartford Mutual Funds, John Hancock Funds, Putnam Investments.
* For year to date 2008.
Commission Information
When Investacorp receives a commission from a mutual fund underwriter, the underwriter usually retains a portion of the commission to compensate the underwriter for the distribution services it provides. In some cases, a mutual fund’s underwriter will decide not to retain any of the commission and will pay all of the commission to Investacorp. In these cases, because Investacorp generally pays its Registered Representatives the same percentage of any commission we receive, your Registered Representative will receive extra compensation for selling a mutual fund that does not retain any of the commission.
Trailing Commission Information
Many mutual funds pay Investacorp trailing commissions (including 12b-1 payments). Investacorp usually retains a portion of these fees as compensation for services we provide, and pays the remainder to its Registered Representatives, as compensation for the services that they provide to their clients.
More Information
Information about a mutual fund’s fees and expenses may be found in the fee table located in the mutual fund’s prospectus. Also, the fund’s statement of additional information contains important information that you may wish to read.
Variable Product Compensation Disclosure
At Investacorp, we receive compensation from all the issuers of variable products with which we have a selling agreement. This compensation may include up-front commissions, trailing commissions, and payments made in connection with programs that support our marketing and sales-force education and training efforts (referred to here as “Sponsorship Programs”).
The issuers (i.e. product vendors) that participate in our Sponsorship Programs are selected based on several criteria including brand recognition, product breadth, investment performance, and training/wholesaler support. In addition to the fees disclosed in the applicable prospectus fee table, Investacorp receives cash compensation from the product vendors that participate in our Sponsorship Programs. They do so in exchange for certain benefits, such as broader access to our Registered Representatives in providing training and educational presentations.
Typically, payments made under the Sponsorship Programs are calculated based upon total product sales and/or assets under management (“AUM”) held by the participating product vendor. Investacorp may receive compensation of up to 0.25 percent of the gross product sales, and additionally, up to 0.05 percent of AUM. For example, if you invested $10,000 dollars with a participating product vendor, Investacorp could receive up to $25.00 based on the gross sales amount. In addition, if you held assets worth $10,000 with a participating issuer for one year, Investacorp could receive up to $5.00 based on the asset amount. Investacorp Registered Representatives do not receive any part of these payments.
We also have a Conference Sponsorship Program that includes participation at Investacorp’s National Conference. Typically, a product vendor who wishes to attend our National Conference would make a one-time Sponsorship payment, which allows them to make presentations to our Registered Representatives and/or provides the vendor with exhibit/advertising space at the Conference.
We believe that these programs do not compromise the assistance or guidance provided by your Investacorp Registered Representative.
Participating Sponsors*
The following issuers have participated in one of Investacorp’s Sponsorship Programs: Guardian Life, Hartford Life, Integrity Life, John Hancock, Mutual of Omaha, Nationwide, Pacific Life, Sun Life Financial, Financial Management Group, Allstate, Phoenix, Old Mutual, Great American and Lincoln Financial.
* For year to date 2008.
More Information
Information about an issuer’s fees and expenses may be found in the fee table located in the variable product contract document.
Non-traded REIT Compensation Disclosure
At Investacorp, we receive compensation from all the issuers of non-traded Real Estate Investment Trusts (REIT) with which we have a selling agreement. This compensation may include up-front commissions and payments made in connection with programs that support our marketing and sales-force education and training efforts (referred to here as “Sponsorship Programs”).
In addition to the fees disclosed in the applicable prospectus fee table, Investacorp receives cash compensation from the REIT product vendors that participate in our Sponsorship Programs. They do so in exchange for certain benefits, such as broader access to our Registered Representatives in providing training and educational presentations. Investacorp Registered Representatives do not receive any part of these payments.
We also have a Conference Sponsorship Program that includes participation at Investacorp’s National Conference. Typically, a product vendor who wishes to attend our National Conference would make a one-time Sponsorship payment, which allows them to make presentations to our Registered Representatives and/or provides the vendor with exhibit/advertising space at the Conference.
The non-traded REIT issuers that participate in our Sponsorship Programs are listed below. We believe that these programs do not compromise the assistance or guidance provided by your Investacorp Registered Representative.
Participating Sponsors*
The following REIT issuers have participated in one of Investacorp’s Sponsorship Programs: CNL Investment Company, Inland Real Estate Investment Corporation, Wells Real Estate Funds, Dividend Capital, and WP Carey.
* For year to date 2008.
More Information
Information about the fees and expenses related to a non-traded REIT may be found in the fee table located in the applicable prospectus document.