Investment options of CENTERSPACE 401(K) PLAN
Total Available Funds: 37
| Investment Description |
|---|
| Putnam Retirement Advantage Trust 2025 X Collective Trust Fund |
| Putnam Retirement Advantage Trust 2030 X Collective Trust Fund |
| Putnam Retirement Advantage Trust 2035 X Collective Trust Fund |
| Putnam Retirement Advantage Trust 2040 X Collective Trust Fund |
| Putnam Retirement Advantage Trust 2045 X Collective Trust Fund |
| Putnam Retirement Advantage Trust 2050 X Collective Trust Fund |
| Putnam Retirement Advantage Trust 2055 X Collective Trust Fund |
| Putnam Retirement Advantage Trust 2060 X Collective Trust Fund |
| Putnam Retirement Advantage Trust Mat X Collective Trust Fund |
| 1PTRX25 217,121.30 |
| 1PTRX30 1,234,657.69 |
| 1PTRX35 1,473,696.56 |
| 1PTRX40 1,753,492.29 |
| 1PTRX45 1,637,365.29 |
| 1PTRX50 3,497,593.24 |
| 1PTRX55 1,034,234.37 |
| 1PTRX60 1,724,075.91 |
| 1PTRXMT 349,505.83 |
| 1FSPSX 541,530.42 |
| 1IHOVX 267,948.37 |
| 1JEMWX 435,382.80 |
| 1CSZIX 109,030.03 |
| 1DFFVX 49,405.53 |
| 1FOCSX 54,630.02 |
| 1FSSNX 493,701.44 |
| 1FSMDX 140,560.96 |
| 1JDMNX 498,292.41 |
| 1JVMRX 641,162.01 |
| 1FXAIX 2,700,362.06 |
| 1MFEKX 952,882.92 |
| 1MEIKX 592,674.82 |
| 1FTKFX 322,701.15 |
| 1FXNAX 267,771.75 |
| 1PFORX 71,850.55 |
| 1PIMIX 201,330.55 |
| 1PCSV20 234,035.97 |
| FORFEITURES 102.46 |
Investment model portfolios
We provide two types of investment model portfolios for CENTERSPACE 401(K) 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.
Retirement Plan (401(k)) Info for CENTERSPACE 401(K) PLAN