TEST PLAN Investment Model Portfolios

Total Available Funds: 26

Asset Class

Ticker

Description

Others
World Allocation	RIRFX	American Funds Capital Income Builder
Target Date 2021-2025	REDTX	American Funds 2025 Target Date Fund
Target Date 2026-2030	REETX	American Funds 2030 Target Date Fund
Target Date 2016-2020	RECTX	American Funds 2020 Target Date Fund
Target Date 2000-2010	American Funds Trgt Date Retire 2035	American Funds 2035 Target Date Fund
Target Date 2011-2015	REJTX	American Funds 2015 Target Date Fund
Target Date 2036-2040	REGTX	American Funds 2040 Target Date Fund
Target Date 2041-2045	REHTX	American Funds 2045 Target Date Fund
Target Date 2050+	REITX	American Funds 2050 Target Date Fund
Target Date 2000-2010	REATX	American Funds 2010 Target Date Fund
ROOT	IVZ	INVESCO Stable Value Fund

US EQUITY
LARGE GROWTH	RGAFX	American Funds Growth Fund of America
LARGE BLEND	ANCFX	American Funds Fundamental Investors
Small Growth	AUSAX	Columbia Acorn USA Fund
LARGE GROWTH	IMEIX	Legg Mason Partners Aggressive Growth Fund
MID-CAP BLEND	QSCYX	Oppenheimer Small Mid-Cap Value Fund
SMALL BLEND	RMT	Royce Micro-Cap Fund
LARGE GROWTH	DGOYX	Davis Opportunity Fund
MID-CAP BLEND	NMPAX	Columbia Mid Cap Index Fund
LARGE BLEND	NINDX	Columbia LargeCap Index Fund
US EQUITY	BECN	Beacon Roofing Supply Inc. Employer Stock Fund:Employer securities

INTERNATIONAL EQUITY
Foreign Large Blend	CEUFX	American Funds EuroPacific Growth Fund
WORLD STOCK	RNPFX	American Funds New Perspective Fund

FIXED INCOME
Intermediate-Term Bond	RBFFX	American Funds Bond Fund of America
WORLD BOND	RCWFX	American Funds Capital World Bond Fund

Emerging Market
DIVERSIFIED EMERGING MKTS	RNWFX	American Funds New World Fund

We provide two types of investment model portfolios for TEST PLAN participants. You can customize and follow a model portfolio in your plan account.

Types of portfolio strategies

Strategic asset allocation portfolio: It invests in a diversified portfolio of multiple assets, buy-and-hold without frequently changing the asset allocation weights.
- Suitable: For long-term (more than 15 years, preferably more than 20 years), want to be tax efficient and can withstand interim drawdown or loss as high as 50% or more.
- Pros:
  - Less error-prone
  - Infrequent rebalancing or transactions
  - Tax efficient for taxable brokerage investments
- Cons:
  - Interim loss or drawdown can be substantial
  - Possible low returns for an extended period, such as 10 years or longer
Tactical asset allocation portfolio: it invests in a diversified portfolio of multiple assets, dynamically adjust stock and bond allocations to minimize losses during market stress.
- Suitable: For long-term (more than 10 years or preferably longer) capital. Investors are willing to rebalance as frequent as monthly.
- Pros:
  - Reduce large interim loss or drawdown
  - Less sensitive to investment entry point
  - Likely to improve returns
- Cons
  - Demand more frequent rebalancing or transactions
  - Less tax efficient — more suitable in a tax-deferred account such as 401(k) or IRA
  - Can experience a period of lower returns compared to a broad-based strategic allocation or a buy-and-hold benchmark, especially in some bull markets

These portfolios are proactively monitored and rebalanced on a monthly basis when needed, ensuring it remains in line with its target allocation.

Let us know (Email us) if you need help to create a custom model portfolio for your plan.