Investment Options
The information on this page does not apply to PERF. For information on investments available for PERF participants visit the INPRS website.
Indiana University partners with Fidelity Investments to offer investment services for the IU retirement savings plan options. IU’s investment menu is designed to make it easier for you to build a diversified, lower-cost investment mix that matches your personal tolerance for risk. Investments are grouped into four tiers: Target Date Funds, Passively Managed Funds, Actively Managed Funds, and a self-directed brokerage account. You can create a tailored retirement strategy by investing in one or more options from any of the following tiers.
You can change your investments at any time. If you choose not to elect investments, your assets will be invested in the plan’s default option – an age-appropriate Vanguard Institutional Target Retirement Date Fund.
Click on the Ticker Symbol below to learn more about each fund. Visit Fidelity NetBenefits for fund prospectuses and additional information including fund performance, strategy, and risk.
Tier 1: Target Date Funds
Target date funds are mutual funds that automatically reset the asset mix of stocks, bonds, and cash equivalents in their portfolios based on an anticipated retirement date.
| DATE OF BIRTH | FUND NAME | TICKER | TARGET RETIREMENT YEAR |
|---|---|---|---|
| On or before December 31, 1947 |
Vanguard Target Retirement Income Fund Investor Shares | VTINX | On or before December 31, 2012 |
| January 1, 1953– December 31, 1957 |
Vanguard Target Retirement 2020 Fund Investor Shares | VTWNX | 2018–2022 |
| January 1, 1958– December 31, 1962 |
Vanguard Target Retirement 2025 Fund Investor Shares | VTTVX | 2023–2027 |
| January 1, 1963– December 31, 1967 |
Vanguard Target Retirement 2030 Fund Investor Shares | VTHRX | 2028–2032 |
| January 1, 1968– December 31, 1972 |
Vanguard Target Retirement 2035 Fund Investor Shares | VTTHX | 2033–2037 |
| January 1, 1973– December 31, 1977 |
Vanguard Target Retirement 2040 Fund Investor Shares | VFORX | 2038–2042 |
| January 1, 1978– December 31, 1982 |
Vanguard Target Retirement 2045 Fund Investor Shares | VTIVX | 2043–2047 |
| January 1, 1983– December 31, 1987 |
Vanguard Target Retirement 2050 Fund Investor Shares | VFIFX | 2048–2052 |
| January 1, 1988– December 31, 1992 |
Vanguard Target Retirement 2055 Fund Investor Shares | VFFVX | 2053–2057 |
| January 1, 1993– December 31, 1997 |
Vanguard Target Retirement 2060 Fund Investor Shares | VTTSX | 2058–2062 |
| January 1, 1998– December 31, 2002 |
Vanguard Target Retirement 2065 Fund Investor Shares | VLXVX | 2063–2067 |
| January 1, 2003 and later | Vanguard Target Retirement 2070 Fund Investor Shares | VSVNX | 2068 and later |
Tier 2: Passively Managed Funds
Passively managed funds (also called index funds) are designed to mirror a market index or benchmark. These funds generally have lower fees than funds that are "actively managed"; that is, funds that try to outperform - or beat - market returns. Ultimately, index funds are designed to provide exposure to a broad selection of securities at a relatively low cost. While these funds typically perform very similarly to the index they track, you should be aware that index funds cannot be expected to meet or beat the index's performance.
| Fund Name | Ticker |
|---|---|
| Vanguard 500 Index Fund Institutional Shares | VIIIX |
| Vanguard Developed Markets Index Fund Institutional Shares | VTMNX |
| Vanguard Emerging Markets Stock Index Fund Institutional Shares | VEMIX |
| Vanguard Extended Market Index Fund Institutional Shares | VIEIX |
| Vanguard FTSE Social Index Fund Institutional Shares | VFTNX |
| Vanguard Total Bond Market Index Fund Institutional Shares | VBTIX |
| Vanguard Total International Bond Index Fund Institutional Shares | VTIFX |
| Vanguard Total International Stock Index Fund Institutional Shares | VTPSX |
| Vanguard Total Stock Market Index Fund Institutional Shares | VSMPX |
Tier 3: Actively Managed Funds
Actively managed funds try to outperform comparable market indices or benchmarks. These funds are actively managed by a portfolio manager or team of managers that selects the investments they think will deliver the best combination of risk and return. These actively managed funds give you a great degree of flexibility, and the ability to rebalance and manage your portfolio over time. The cost of actively managed funds may be higher than passively managed.
| Fund Name | Ticker |
|---|---|
| American Century High Income Fund R6 Class | AHIDX |
| Baird Core Plus Bond Fund Class Institutional | BCOIX |
| DFA U.S. Targeted Value Portfolio Institutional Class | DFFVX |
| Diamond Hill Large Cap Fund Class Y | DHLYX |
| MFS Institutional International Equity Fund | MIEIX |
| New York Life Guaranteed Interest Account | N/A |
| Oakmark International Fund Investor Class | OAKIX |
| Principal Real Estate Securities Fund Class R-6 | PFRSX |
| T. Rowe Price Institutional Large Cap Growth Fund | TRLGX |
| Vanguard Cash Reserves Federal Money Market Fund Admiral Shares^ | VMRXX |
| Vanguard Inflation-Protected Securities Fund Institutional Shares | VIPIX |
| William Blair Small-Mid Cap Growth Fund Class I | WSMDX |
| ^You could lose money by investing in a money market fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund’s sponsor has no legal obligation to provide financial support to money market funds and you should not expect that the sponsor will provide financial support to the fund at any time. | |
Tier 4: BrokerageLink®
If you are interested in investments that are not listed above, a self-directed brokerage account may be right for you. Fidelity's BrokerageLink® combines the convenience of your retirement plan with the additional flexibility of an individual brokerage account. It gives you expanded mutual fund investment choices and the opportunity to manage your retirement plan investments more completely.
Fidelity BrokerageLink® is a self-directed brokerage account that includes mutual fund investments beyond those in your Plan’s investment menu. You should compare investments and share classes that are available in your Plan's investment menu with those available through BrokerageLink® and choose the available share class you feel may be appropriate for your particular situation. The university’s Retirement Investment Committee neither evaluates nor monitors the investments available through a self-directed brokerage account. It is your responsibility to ensure that the investments you select are suitable for your situation, including your goals, time horizon and risk tolerance. If you are interested in more information on this service contact Fidelity at 800-343-0860 for a commission schedule and/or a fact sheet that outlines the applicable fees and risks.