Retirement Plan Enhancements
New Investment Options
A new streamlined investment menu will be available for the IU retirement plans beginning January 1, 2020.
To make the new investment menu easier to navigate, investments will be grouped into four tiers: Target Date Funds, Passively Managed Funds, Actively Managed Funds, and a BrokerageLink option, also known as a self-directed brokerage account. You can create a tailored retirement strategy by investing in options from any of the following tiers.
Click on the Fund Name or Ticker Symbol in the charts below to learn more about a fund. Additional information is available in the Investment Option Descriptions Brochure .
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 Institutional Target Retirement Income Fund Institutional Shares||VITRX||On or before December 31, 2012|
|January 1, 1948– December 31, 1952||Vanguard Institutional Target Retirement 2015 Fund Institutional Shares||VITVX||2013–2017|
|January 1, 1953– December 31, 1957||Vanguard Institutional Target Retirement 2020 Fund Institutional Shares||VITWX||2018–2022|
|January 1, 1958– December 31, 1962||Vanguard Institutional Target Retirement 2025 Fund Institutional Shares||VRIVX||2023–2027|
|January 1, 1963– December 31, 1967||Vanguard Institutional Target Retirement 2030 Fund Institutional Shares||VTTWX||2028–2032|
|January 1, 1968– December 31, 1972||Vanguard Institutional Target Retirement 2035 Fund Institutional Shares||VITFX||2033–2037|
|January 1, 1973– December 31, 1977||Vanguard Institutional Target Retirement 2040 Fund Institutional Shares||VIRSX||2038–2042|
|January 1, 1978– December 31, 1982||Vanguard Institutional Target Retirement 2045 Fund Institutional Shares||VITLX||2043–2047|
|January 1, 1983– December 31, 1987||Vanguard Institutional Target Retirement 2050 Fund Institutional Shares||VTRLX||2048–2052|
|January 1, 1988– December 31, 1992||Vanguard Institutional Target Retirement 2055 Fund Institutional Shares||VIVLX||2053–2057|
|January 1, 1993 – December 31, 1997||Vanguard Institutional Target Retirement 2060 Fund Institutional Shares||VILVX||2058 - 2062|
|January 1, 1998 and later||Vanguard Institutional Target Retirement 2065 Fund Institutional Shares||VSXFX||2063 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.
|Vanguard 500 Index Fund Admiral Shares||VFIAX|
|Vanguard Developed Markets Index Fund Admiral Shares||VTMGX|
|Vanguard Emerging Markets Stock Index Fund Admiral Shares||VEMAX|
|Vanguard Extended Market Index Fund Admiral Shares||VEXAX|
|Vanguard FTSE Social Index Fund Admiral||VFTAX|
|Vanguard Total Bond Market Index Fund Admiral Shares||VBTLX|
|Vanguard Total International Bond Index Fund Admiral™ Shares||VTABX|
|Vanguard Total International Stock Index Fund Admiral Shares||VTIAX|
|Vanguard Total Stock Market Index Fund Admiral Shares||VTSAX|
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.
|American Century High Income Fund R6 Class||AHIDX|
|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|
|PIMCO Total Return Fund Institutional Class||PTTRX|
|Principal Real Estate Securities Fund Class R-6||PFRSX|
|T. Rowe Price Institutional Large Cap Growth Fund||TRLGX|
|Vanguard Federal Money Market Fund Investor Shares^||VMFXX|
|Vanguard Inflation-Protected Securities Fund Admiral Shares||VAIPX|
|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, visit Fidelity's website and/or contact Fidelity at 800-343-0860 for a commission schedule and/or a fact sheet that outlines the applicable fees and risks.
For more information on BrokerageLink, please see the resources below.