Investment options of SUMITOMO MITSUI BANKING CORPORATION 401(K) PLAN
Total Available Funds: 33
| Investment Description |
|---|
| AMERICAN CENTURY MID CAP INVESTMENT FUND |
| AMERICAN FUNDS EUROPACIFIC GROWTH R6 FUND |
| GOLDMAN SACHS SMALL CAP VALUE R6 FUND |
| JOHN HANCOCK DISCIPLINED VALUE CLASS R6 FUND |
| JP MORGAN LARGE CAP GROWTH R6 FUND |
| MASS MUTUAL MID CAP GROWTH I FUND |
| METWEST TOTAL RETURN BOND CLASS FUND |
| T. ROWE PRICE QM US SMALL CAP FUND |
| VANGUARD FTSE SOCIAL INDEX ADMIRAL FUND |
| VANGUARD INSTITUTIONAL INDEX FUND |
| VANGUARD MID CAP INDEX FUND |
| VANGUARD SMALL CAP INDEX FUND |
| VANGUARD TOTAL BOND INDEX FUND |
| VANGUARD INSTITUTIONAL TOTAL STOCK INDEX ADMIRAL FUND |
| VANGUARD INSTITUTIONAL TARGET RETIREMENT 2020 COMMON COLLECTIVE TRUST FUND |
| VANGUARD INSTITUTIONAL TARGET RETIREMENT 2025 COMMON COLLECTIVE TRUST FUND |
| VANGUARD INSTITUTIONAL TARGET RETIREMENT 2030 COMMON COLLECTIVE TRUST FUND |
| VANGUARD INSTITUTIONAL TARGET RETIREMENT 2035 COMMON COLLECTIVE TRUST FUND |
| VANGUARD INSTITUTIONAL TARGET RETIREMENT 2040 COMMON COLLECTIVE TRUST FUND |
| VANGUARD INSTITUTIONAL TARGET RETIREMENT 2045 COMMON COLLECTIVE TRUST FUND |
| VANGUARD INSTITUTIONAL TARGET RETIREMENT 2050 COMMON COLLECTIVE TRUST FUND |
| VANGUARD INSTITUTIONAL TARGET RETIREMENT 2055 COMMON COLLECTIVE TRUST FUND |
| VANGUARD INSTITUTIONAL TARGET RETIREMENT 2060 COMMON COLLECTIVE TRUST FUND |
| VANGUARD INSTITUTIONAL TARGET RETIREMENT 2065 COMMON COLLECTIVE TRUST FUND |
| VANGUARD INSTITUTIONAL TARGET RETIREMENT INCOME FUND |
| PRUDENTIAL IFXLT AGGRESSIVE GROWTH FUND (I) |
| PRUDENTIAL IFSLT AGGRESSIVE GROWTH FUND (S) |
| PRUDENTIAL IFXLT BALANCED FUND (I) |
| PRUDENTIAL IFXLT CONSERVATIVE FUND (I) |
| PRUDENTIAL IFXLT CONSERVATIVE FUND (S) |
| PRUDENTIAL IFXLT GROWTH FUND (I) |
| PRUDENTIAL IFXLT INCOME & EQUITY FUND (I) |
| PRUDENTIAL IFXLT INCOME & EQUITY FUND (S) |
Investment model portfolios
We provide two types of investment model portfolios for SUMITOMO MITSUI BANKING CORPORATION 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 SUMITOMO MITSUI BANKING CORPORATION 401(K) PLAN