The Default Strategy is our default option; if a participant makes no investment selection, this option will be selected. The Default Strategy is a balanced approach to growth-and-income investing. This portfolio, in general, follows the traditional method of allocating between equities and fixed income. It is a preset allocation with a diversified portfolio of quality stocks and bonds.
Performance Overview (as of 06/30/23)
|One Year (2022)||-17.020%|
|Life to Date||7.479%|
* Earnings results calculated on total investment return
The investment objectives of the fund are (1) long-term growth of capital, (2) current income, and (3) conservation of capital. This portfolio is concerned with long-term risks: reinvestment rate and inflation. This approach seeks to preserve capital and dampen year-to-year volatility but is allocated to growth over the long-term. With a diversified portfolio of quality stocks and bonds, the Default Strategy invests 60% of its assets in equities and 40% in fixed income.
- Inception Date: July, 1969
- Time Horizon: 3 to 10 years