Seligman Growth 401(K) Offers Plan Discounts During “Spring Sprint”
NEW YORK, NY, March 27, 2008 – Seligman is discounting retirement plan take-over fees for Seligman Growth 401(k) plans during its “Spring Sprint” sales event. Retirement plans with at least $500,000 in assets that are established between April 1 through June 30, 2008 will have all set-up fees waived.
“Our ‘Spring Sprint’ waivers give plan sponsors one more incentive to choose Seligman Growth 401(k),” said Paula Smith, Senior Vice President of Seligman Advisors, Inc. “Now, they have access to Seligman’s popular retirement plan features — especially our Time Horizon Matrix which provides a target-date investment solution in one easy step — at a terrific price discount.”
The normal Seligman Growth 401(k) set-up fee ranges from $1,150 to $1,500 and includes personalized employee enrollment booklets.
J. & W. Seligman & Co. Incorporated, a New York-based investment manager and advisor, was founded in 1864. As well as providing management and advisory services to institutional clients, the firm and its affiliates provide individuals with a broad array of investment options, including the US-based Seligman Group of Funds with 59 portfolios. Additionally, Seligman manages Tri-Continental Corporation, Seligman LaSalle International Real Estate Fund, and a closed-end municipal bond fund, which are traded on the New York Stock Exchange. Seligman also manages offshore investments available exclusively for non-US investors. J. & W. Seligman & Co. Incorporated has an additional office in Palo Alto, California. Seligman Advisors, Inc. is the principal underwriter for the Seligman Mutual Funds and is an affiliate of J. & W. Seligman & Co. Incorporated
Investments in equity securities are subject to risk, including the risk of loss of your investment. An investor in the Fund will indirectly bear the operating expenses of the underlying Funds in which it invests. Thus, the expenses borne by the investor will be higher than if he or she invested directly in the underlying Funds, and the returns may therefore be lower. To the extent that the Fund has a substantial percentage of its assets exposed to an industry or sector through its investment in the underlying Funds, that Fund’s performance may be negatively affected if that industry or sector falls out of favor.
Seligman Time Horizon Matrix is an asset allocation framework developed to help investors seek their specific financial goals. The Matrix is designed to seek to provide investors with an appropriate asset class mix for investment portfolios, based on their time frames for achieving specific goals. Seligman Harvester is a process designed to help investors seek to maximize their income stream while seeking capital appreciation and capital preservation. The program involves determining “needs” and “wants” as a percentage of total investable assets, and seeks to provide investors with an asset allocation strategy specifically designed to lower the risk of depleting their accumulated wealth too quickly.
Seligman Time Horizon Matrix and Seligman Harvester are prepared using past performance of asset classes to construct model portfolios. Those model portfolios have inherent limitations in that they assume the future performance of the asset classes will, over the relevant periods, correlate to their past performance, and of course, past performance is no guarantee of future performance. Furthermore, with regard to using the Seligman Group of Funds or other funds of any other investment manager in seeking to follow Seligman Time Horizon Matrix or Seligman Harvester, there is no assurance that the funds selected will actually correlate to the asset classes that the investor is seeking to track, and the performance of the funds selected may differ from the performance of those asset classes. The specific portfolio recommendations are updated annually to incorporate the latest year’s results into the analysis. Although the annual adjustments are usually modest, if the relative performance among the various asset classes in any single year significantly changes the long-term historical patterns, the revisions to Seligman Time Horizon Matrix or Seligman Harvester could be significant.
Seligman Time Horizon Matrix and Seligman Harvester are registered trademarks of Seligman Advisors, Inc. Patent pending on the business methodologies and apparatus for implementing the Seligman Harvester Risk Management System.
Investments in real estate securities my be subject to specific risk, such as risks to general and local economic conditions, and risks related to individual properties, Investing in one economic sectors such as real estate, may result in greater price fluctuations than owning a portfolio of diversified investments.
There are specific risks associated with global investing such as currency fluctuations, foreign taxation, differences in financial reporting practices, and rapid changes in political and economic conditions. Because of the special risks involved with investing in securities of emerging market companies, investing in such companies should be considered speculative and not appropriate for individuals who require safety of principal or stable income from their investments.
To the extent that Seligman Select Municipal Fund concentrates its investments in municipal securities issued by a state or its municipalities, specific events or factors affecting a particular state may have an impact on the municipal securities of that state without affecting the municipal market in general.
You should consider the investment objectives, risks, charges, and expenses of the Funds carefully before investing. A prospectus containing information about the Funds (including investment objectives, risks, charges, expenses, and other information about the Funds) may be obtained by contacting your financial advisor or Seligman Advisors, Inc. at 800-221-2783. The prospectus should be read carefully before investing in the Funds.
