Pioneers Investment Model Portfolios

Total Available Funds: 23

Asset Class

Ticker

Description

INTERNATIONAL EQUITY
WORLD STOCK	SMCWX	American Funds SMALLCAP World A
WORLD STOCK	ANWPX	American Funds New Perspective A
Foreign Large Blend	AEPGX	American Funds EuroPacific Gr A
Foreign Large Value	IGAAX	American Funds Intl Gr And Inc A
WORLD STOCK	CWGIX	American Funds Capital World G/I A

Emerging Market
DIVERSIFIED EMERGING MKTS	NEWFX	American Funds New World A

US EQUITY
LARGE GROWTH	ANEFX	American Funds New Economy A
LARGE VALUE	AMRMX	American Funds American Mutual A
LARGE GROWTH	AGTHX	American Funds Growth Fund of Amer A
LARGE BLEND	ANCFX	American Funds Fundamental Investors A
LARGE GROWTH	AMCPX	American Funds AMCAP A
LARGE VALUE	AWSHX	American Funds Washington Mutual A
LARGE BLEND	AIVSX	American Funds Invmt Co of Amer A

Others
Moderate Allocation	ABALX	American Funds American Balanced A
World Allocation	CAIBX	American Funds Capital Inc Bldr A
Moderate Allocation	AMECX	American Funds Inc Fund of Amer A

FIXED INCOME
High Yield Bond	AHITX	American Funds American Hi Inc Tr A
Intermediate-Term Bond	ABNDX	American Funds Bond Fund of Amer A
WORLD BOND	CWBFX	American Funds Capital World Bond A
Short-Term Bond	AIBAX	American Funds Interm Bond Fd of Amer A
Muni National Interm	LTEBX	American Funds Ltd-Term Tax-Exempt Bd A
Intermediate Government	AMUSX	American Funds US Government Sec A
High Yield Muni	AMHIX	American Funds Hi-Inc Muni Bond A

We provide two types of investment model portfolios for Pioneers 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.