The twelve Individual Investment Portfolios invest their assets in a single mutual fund (an “Underlying Fund”). Individual Investment Portfolios are designed for investors desiring a more targeted investment strategy for all or a portion of their Accounts. Investors should work with their Financial Advisor to carefully construct appropriate portfolios based on their unique goals and risk tolerance when utilizing Individual Investment Portfolios.
Please reference the Plan Disclosure Statement for detailed information surrounding each Individual Investment Portfolio.
PIMCO Diversified Income Portfolio
This Portfolio’s investment objective is to maximize total return, consistent with prudent investment management.
PIMCO Global Multi-Asset Portfolio
This Portfolio’s investment objective is total return which exceeds that of a blend of 60% MSCI World Index/40% Barclays Capital U.S. Aggregate Index.
PIMCO Government Money Market Portfolio
This Portfolio’s investment objective is to maximize current income, consistent with preservation of capital and daily liquidity.
Money market funds are not insured or guaranteed by the FDIC or any other government agency, and although these funds seek to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in money market funds.
PIMCO Real Return Portfolio
This Portfolio’s investment objective is to maximize real return, consistent with preservation of real capital and prudent investment management.
PIMCO Total Return Portfolio
This Portfolio’s investment objective is to maximize total return, consistent with the preservation of capital and prudent investment management.
Allianz RCM Large-Cap Equity Portfolio
This Portfolio’s investment objective is long-term capital appreciation.
Allianz AGIC Income & Growth Portfolio
This Portfolio’s investment objective is total return comprised of current income, current gains and capital appreciation.
Allianz NFJ International Value Portfolio
This Portfolio’s investment objective is long-term growth of capital and income.
Allianz NFJ Large-Cap Value Portfolio
This Portfolio’s investment objective is long-term growth of capital and income.
TIAA-CREF International Equity Index Portfolio
This Fund’s investment objective is favorable long-term total return, mainly through capital appreciation, by investing primarily in a portfolio of foreign equity securities based on a market index.
TIAA-CREF Small-Cap Blend Index Portfolio
This Portfolios investment objective is favorable long-term total return, mainly through capital appreciation, by investing primarily in a portfolio of equity securities in smaller domestic companies based on a market index.
TIAA-CREF S&P 500 Index Portfolio
This Portfolio’s investment objective is favorable long-term total return, mainly through capital appreciation, by investing primarily in a portfolio of equity securities of large domestic companies selected to track U.S. equity markets based on a market index.
An investment in the Capital Appreciation Portfolio involves certain risks. In an environment where interest rates may trend upward, rising rates will negatively impact most bond funds, and fixed income securities held by a fund are likely to decrease in value. Bond funds and individual bonds with a longer duration (a measure of the expected life of a security) tend to be more sensitive to changes in interest rates, usually making them more volatile than securities with shorter durations. Investing in non-U.S. securities entails additional risks, including political and economic risk and the risk of currency fluctuations; these risks may be enhanced in emerging markets. Investments in smaller companies may be more volatile than investments in larger companies. Certain underlying funds have derivative exposure. Use of derivative instruments may involve certain costs and risks such as liquidity risk, interest rate risk, market risk, credit risk, management risk and the risk that a fund could not close out a position when it would be most advantageous to do so. Portfolios investing in derivatives could lose more than the principal amount invested in these instruments.
See Plan Disclosure Statement for additional information on the risks of individual Portfolios.
