Investment options of MIDDLESEX WATER COMPANY 401K PLAN
Total Available Funds: 32
| Investment Description |
|---|
| CONTRA FUND – CLASS K MUTUAL FUND |
| TOTAL BOND FUND MUTUAL FUND |
| OTC PORTFOLIO MUTUAL FUND |
| INTERNATIONAL DISCOVERY FUND – CLASS K MUTUAL FUND |
| TELECOM AND UTILITIES FUND MUTUAL FUND |
| BLUE CHIP GROWTH FUND – CLASS K MUTUAL FUND |
| ASSET MANAGER 50% MUTUAL FUND |
| WORLDWIDE FUND MUTUAL FUND |
| 500 INDEX FUND – PREMIUM CLASS MUTUAL FUND |
| EXTENDED MARKET INDEX FUND – PREMIUM CLASS MUTUAL FUND |
| GLOBAL EX U. S. INDEX FUND – PREMIUM CLASS MUTUAL FUND |
| U. S. BOND INDEX FUND – PREMIUM CLASS MUTUAL FUND |
| FREEDOM K INCOME FUND MUTUAL FUND |
| FREEDOM 2010 FUND MUTUAL FUND |
| FREEDOM 2015 FUND MUTUAL FUND |
| FREEDOM 2020 FUND MUTUAL FUND |
| FREEDOM 2025 FUND MUTUAL FUND |
| FREEDOM 2030 FUND MUTUAL FUND |
| FREEDOM 2035 FUND MUTUAL FUND |
| FREEDOM 2040 FUND MUTUAL FUND |
| FREEDOM 2045 FUND MUTUAL FUND |
| FREEDOM 2050 FUND MUTUAL FUND |
| FREEDOM 2055 FUND MUTUAL FUND |
| FREEDOM 2060 FUND MUTUAL FUND |
| FREEDOM 2065 FUND MUTUAL FUND |
| MANAGED INCOME PORTFOLIO CLASS I OTHER |
| MONEY MARKET TRUST GOVERNMENT MONEY MARKET PORTFOLIO MONEY MARKET |
| T. ROWE PRICE EQUITY INCOME FUND MUTUAL FUND |
| CAUSEWAY EMERGING MARKETS FUND CLASS INSTITUTIONAL MUTUAL FUND |
| PIF SMALL CAP MUTUAL FUND |
| ALLSPRING SPECIAL MID CAP VALUE IS MUTUAL FUND |
| ALLSPRING DISCOVERY IS MUTUAL FUND |
Investment model portfolios
We provide two types of investment model portfolios for MIDDLESEX WATER COMPANY 401K 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 MIDDLESEX WATER COMPANY 401K PLAN