The mutual fund platform includes both active and passively managed funds. The investment menu is structured so that participants can either build their own portfolio based on their risk/return profile or use an asset allocation fund that has a target allocation among two or more asset classes in one fund.
Eligible Investment Options by Plan
|Asset Class||U.S. Equity||International Equity||Fixed Income||Asset Allocation Fund|
|Plans||Vanguard Total U.S. Stock Market Fund||Vanguard Institutional Index Plus Fund||Vanguard Midcap Fund||Vanguard Dividend Growth Fund||T. Rowe Price Small Cap Stock Fund||Vanguard Total Intl Stock Fund||Fidelity Diver Intl CIT||Vanguard Bond Fund||Dodge & Cox Income Fund||Vanguard Balanced Fund||
Minnesota Target Retirement
|Health Care Savings Plan|
|Hennepin County Supplemental Retirement Plan|
|Unclassified Retirement Plan|
Large Cap Equity
A fund that invests primarily in stocks and companies located outside the United States and is expected to outperform the MSCI index of Europe, Australasia and the Far East (EAFE), over time.
A fund that seeks to track the investment performance of the FTSE Global All Cap ex US Index, and index designed to measure equity market performance in developed and emerging markets, excluding the United States.
Asset Allocation Funds
A fund that passively invests in a mix of domestic stocks and bonds. The fund is expected to track a weighted benchmark of 60% CRSP US Total Market Index/40% BB Barclays U.S. Aggregate.