FUND SUMMARY
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 03/31/23)
| Current YTD | 10.280% |
| One Year (2022) | -17.020% |
| Three Year | 1.159% |
| Five Year | 8.439% |
| Ten Year | 5.316% |
| Life to Date | 7.318% |
* Earnings results calculated on total investment return
Asset Allocation
Asset Class
| Large Cap Growth | 30% |
| Large Cap Value | 30% |
| Intermediate Fixed Income | 40% |
**To find more information about each asset class, click on the link above.
Investment Description
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.
Fund Statistics
- Inception Date: July, 1969
- Time Horizon: 3 to 10 years
