Target Date Allocation Portfolios
Target Date Allocation Portfolios offer a simplified investment approach to participants. These portfolios automatically shift from predominantly stocks to predominantly bonds and cash as employees get closer to their anticipated retirement dates. Each of these investment options is constructed as a "fund-of-funds" and provides investment diversification in a single portfolio.
(For illustration only-not an actual weighting)
The target date is the approximate date when investors plan to start withdrawing their money. The principal value of the portfolios is not guaranteed at any time, including at the target date. Employees will incur higher costs with the portfolios than if they were to invest directly in the underlying investment portfolios.