Investment options of SPECTRUM HEALTH SYSTEM 403(B) PLAN
Total Available Funds: 28
| Investment Description |
|---|
| PIONEER STRATEGIC INCOME FUND – CLASS Y SHARES |
| AMERICAN FUNDS CAP WORLD G&I R6 FUND |
| AMERICAN FUNDS EUROPACIFIC R6 FUND |
| T. ROWE PRICE CP APR FUND I CLASS |
| VOYA GLOBAL BOND FUND CLASS I |
| OPPENHEIMER DEVELOPING MARKET FY |
| BARON GROWTH FUND – INSTITUTIONAL SHARES |
| AMERICAN CENTURY MID CAP VALUE FUND – R6 |
| VICTORY SMALL COMPANY OPPORTUNITY FUND – CLASS I |
| AB SMALL CAP GROWTH K |
| MASSACHUSETTS INVESTORS GROWTH STOCK FUND CLASSR3 |
| PIONEER EQUITY INCOME FUND – CLASS Y SHARES |
| PRUDENTIAL HIGH YIELD FUND, INC. – CLASS Z |
| FIDELITY US BOND INDEX FUND |
| FIDELITY 500 INDEX FUND |
| DFA REAL ESTATE SECS PORT INS |
| FIDELITY SMALL CAP INDEX FUND |
| FIDELITY MID CAP INDEX FUND |
| NEWPORT TRUST COMPANY 500 INDEX FUND INVESTOR SHARES |
| ENERGY FUND INVESTOR SHARES |
| PRIMECAP FUND INVESTOR SHARES |
| PACIFIC STOCK INDEX FUND INVESTOR SHARES |
| WINDSOR II FUND INVESTOR SHARES |
| EUROPEAN STOCK INDEX FUND INVESTOR SHARES |
| TOTAL BOND MARKET INDEX FUND INVESTOR SHARES |
| TOTAL STOCK MARKET INDEX FUND INVESTOR SHARES |
| GLOBAL CAPITAL CYCLES – INV |
| COMPANY POOLED SEPARATE ACCOUNT – PRU TFX TRGT VNGD BLD IDX |
Investment model portfolios
We provide two types of investment model portfolios for SPECTRUM HEALTH SYSTEM 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 SPECTRUM HEALTH SYSTEM 403(B) PLAN