A One Choice Target Date Portfolio's target date is the approximate year when investors plan to retire or start withdrawing their money. The principal value of the investment is not guaranteed at any time, including at the target date.
Each One Choice Target Date Portfolio seeks the highest total return consistent with its asset mix. Over time, the asset mix and weightings are adjusted to be more conservative. In general, as the target year approaches, the portfolio's allocation becomes more conservative by decreasing the allocation to stocks and increasing the allocation to bonds and money market instruments.
This table indicates the underlying funds currently being used within each asset class and the target allocations for each individual underlying fund. We do not intend to make frequent tactical adjustments to the target asset mix or trade actively among underlying funds, other than the annual adjustments described in the fund's prospectus. However, we reserve the right to modify the target allocations and underlying fund weightings and substitute other underlying funds should circumstances warrant a change. Underlying funds are Institutional Class other than Premium Money Market (Investor Class).