Investment options of SMART LOCAL 137 ANNUITY FUND
Total Available Funds: 35
| Investment Description |
|---|
| BENTALL KENNEDY DAILY VALUE FUND 5,151,896 $ – |
| AB Discovery Value Z 12,777 $ – |
| AB Large Cap Growth I 899 – |
| American Century Ultra Fund 8,584 – |
| Artisan Mid Cap Fund 1,013 – |
| Baron Growth Fund 7,717 – |
| BlackRock Technology Opps Inst 35,168 – |
| Columbia Dividend Opty Instl 7,047 – |
| Invesco Global R6 7,045 – |
| JH Strategic Income Opp R6 130,611 – |
| Loomis Sayles Inv Gr Bond N 1,124,410 – |
| NYLI S&P 500 Index I 34,697 – |
| NYLI Short Term Bond I 16,759 – |
| Oakmark Equity Income Fd Inv 4,812 – |
| PIMCO Income Fund Inst 139,185 – |
| Royce SC Opport Service Cl 2,981 – |
| T Rowe Price Blue Chip Growth 4,059 – |
| T Rowe Price Retire 2020 Adv 2,639 – |
| T Rowe Price Retire 2030 Adv 14,803 – |
| T Rowe Price Retire 2040 Adv 10,317 – |
| T Rowe Price Retire 2050 Adv 15,119 – |
| T Rowe Price Retire 2060 Adv 1,601 – |
| T. Rowe Price Retire Bal Adv 1,983 – |
| The Growth Fund of America R6 1,306 – |
| TIAA-CREF Lrg Cap Grwth Idx I 1,971 – |
| Vanguard 500 Index Fd Admiral 63,002 – |
| Vanguard Mid Cap Index Adm 1,754 – |
| Vanguard Mid Cap Index Adm 12,828 – |
| Vanguard Sm Cap Index Fd Adm 505 – |
| Vanguard Sm Cap Val Ind (Adm) 3,029 – |
| Vanguard Small Growth Adml 1,374 – |
| YEARS ENDED DECEMBER 31, 2024 AND |
| Accounting |
| Depreciation |
| Reimbursements to related organizations |
Investment model portfolios
We provide two types of investment model portfolios for SMART LOCAL 137 ANNUITY FUND 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 SMART LOCAL 137 ANNUITY FUND