Investment Strategy
The investment seeks long-term growth of capital through investment in other funds with an equity orientation. The fund seeks to achieve its objective by investing in shares of underlying funds representing various asset classes and strategies. It will invest in underlying funds such that 80% of its assets (net assets plus the amount of any borrowings for investment purposes) are invested in equities (which may include derivatives exposure to equity securities) of issuers in the U.S. and foreign countries, including emerging markets. It is non-diversified.Investment Expenses, Sales Charges, and Fees
Annual Operating Expense
Net Expense Ratio: 1.28%
Average Annual Total Returns
All average annual total returns are reported net of all fees and as of the end of the last quarter. Past performance does not guarantee future results.
| Year | 1 | 3 | 5 | 10 |
Since Inception (09/10/2012) |
|---|---|---|---|---|---|
Total Returns |
18.16%
|
4.57%
|
0.00%
|
0.00%
|
9.39%
|
Impact of Expenses and Fees
The table below assumes the investor invests $10,000 on the first day of year one and that the original investment earns a continuous 5% return. In addition, it assumes the
investor reinvests all earnings, and makes no additional contributions. The 5% rate of return is hypothetical and used only to illustrate the respective impacts of different fee
amounts on each investment. It is not intended to predict future investment returns.
Calculations are done by the 403bCompare site in an effort to provide a standardized comparison of the impact of all fees associated with an investment option. This includes all
required 403(b) product-level fees, and investment-level fees. For more information on fees or expenses associated with a 403(b) product or investment option, please refer
fees located in Help & Resources .
| If Shares are Redeemed | |||||
|---|---|---|---|---|---|
| End of year |
1
|
5
|
10
|
15
|
20
|
| Total Fees and Charges |
$978
|
$1,958
|
$3,392
|
$5,306
|
$7,389
|
| If Shares are Not Redeemed | |||||
|---|---|---|---|---|---|
| End of year |
1
|
5
|
10
|
15
|
20
|
| Total Fees and Charges |
$316
|
$1,629
|
$3,392
|
$5,306
|
$7,389
|