Investment options of HERITAGE HEALTH 403(B) PLAN
Total Available Funds: 31
| Investment Description |
|---|
| American Funds 2020 TRGT Date Retirement Fund R6 |
| American Funds 2025 TRGT Date Retirement Fund R6 |
| American Funds 2030 TRGT Date Retirement Fund R6 |
| American Funds 2035 TRGT Date Retirement Fund R6 |
| American Funds 2040 TRGT Date Retirement Fund R6 |
| American Funds 2045 TRGT Date Retirement Fund R6 |
| American Funds 2050 TRGT Date Retirement Fund R6 |
| American Funds 2055 TRGT Date Retirement Fund R6 |
| American Funds 2060 TRGT Date Retirement Fund R6 |
| American Funds New World R6 |
| American Funds 2015 TRGT Date Retirement Fund R6 |
| Allspring Allspring Special Mid Cap Value Inst |
| Eaton Vance Floating Rate Advantage I |
| Federated Gov Federated Hermes Govt Obl Advisor |
| Fidelity International Index |
| Fidelity Mid Cap Index |
| Fidelity US Bond Index |
| Franklin Convertible Securities R6 |
| Great-West Great-West International Value Instl |
| JP Morgan JPMorgan Large Cap Growth R6 |
| MFS International Diversification R4 |
| MGRS Undiscovered MGRS Behavioral Value R6 |
| Nuveen Large Cap Responsible Equity R6 |
| Pimco Int Bond (USD-Hedged) Inst |
| PGIM Pgim High Yield Z |
| Vanguard Short-Term Treasury Adm |
| Vanguard Small Cap Value Index Admiral |
| Vanguard 500 Index Admiral |
| Vanguard Equity-Income Adm |
| Voya Voya Intermediate Bond R6 |
| Virtus Kar MidCap Growth R6 |
Investment model portfolios
We provide two types of investment model portfolios for HERITAGE HEALTH 403(B) 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 HERITAGE HEALTH 403(B) PLAN