Target Date Retirement Fund Solutions
The Sharpe Ratio measures the potential reward offered by a mutual fund relative to its risk level. Developed by William Sharpe, the ratio uses a fund's standard deviation and its excess return to determine reward per unit of risk. The higher the sharpe ratio, the better the fund's historical risk-adjusted performance. Sharpe Ratios shown for portfolios with 10 years of history. Fund name, 10-year rank/number of funds in category: In Retirement, 22/67 funds; 2025 Portfolio, 1/48 funds; 2035 Portfolio, 3/48 funds; 2045 Portfolio, 7/46 funds.
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 target-date 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.
Allocations subject to change.
Diversification does not assure a profit nor does it protect against loss of principal.
Money Market Fund: You could lose money by investing in the fund. Although the fund seeks to preserve the value of your investment at $1 per share, it cannot guarantee it will do so. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund's sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.
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, R5 Class, and the U.S. Government Money Market Fund is Investor Class.