Ullico now offers a fund that allows individual union members to invest in the J for Jobs program. The Ullico J for Jobs Collective Investment Fund (CIF) is sponsored by Hand Benefits & Trust Company and advised by Ullico Investment Advisors Inc.
The investment strategy will invest primarily (approximately 70%) in Separate Account J, an insurance company separate account offered by The Union Labor Life Insurance Company with the remainder invested in Barclays US Aggregate Bond Index Fund (approximately 25%) and cash (approximately 5%).
The CIF will be daily valued and will allow 401 (k) plans the opportunity to participate in Ullicos' J for Jobs program.
401 (k) Plans Can Now Invest in J for Jobs