Target Allocations1 | ||||
Fixed Income | 55.00% | |||
U.S. Fixed Income | 36.50% | |||
Inflation Managed | 7.50% | |||
High Yield Fixed Income | 9.35% | |||
Emerging Markets Debt | 1.65% | |||
Equity | 40.00% | |||
U.S. Large Cap Equity | 19.60% | |||
U.S. Mid Cap Equity | 2.80% | |||
U.S. Small Cap Equity | 2.40% | |||
REITs | 0.80% | |||
International Equity | 11.20% | |||
Emerging Markets Equity | 3.20% | |||
Money Market/Cash and Cash Equivalents | 5.00% | |||
Money Market/Cash and Cash Equivalents | 5.00% |
1 | As of the date of this prospectus, the Fund utilizes both underlying funds and direct investments to implement its target allocations. The amount of the Fund’s assets allocated to underlying funds and direct investments will vary over time. The Fund also has flexibility to utilize derivatives to implement its target allocations. |
Target Allocations1 | ||||
Fixed Income | 50.20% | |||
U.S. Fixed Income | 35.36% | |||
Inflation Managed | 4.80% | |||
High Yield Fixed Income | 8.54% | |||
Emerging Markets Debt | 1.50% | |||
Equity | 47.80% | |||
U.S. Large Cap Equity | 23.44% | |||
U.S. Mid Cap Equity | 3.34% | |||
U.S. Small Cap Equity | 2.88% | |||
REITs | 0.95% | |||
International Equity | 13.06% | |||
Emerging Markets Equity | 4.13% | |||
Money Market/Cash and Cash Equivalents | 2.00% | |||
Money Market/Cash and Cash Equivalents | 2.00% |
1 | As of the date of this prospectus, the Fund utilizes both underlying funds and direct investments to implement its target allocations. The amount of the Fund’s assets allocated to underlying funds and direct investments will vary over time. The Fund also has flexibility to utilize derivatives to implement its target allocations. |
Target Allocations1 | ||||
Equity | 60.77% | |||
U.S. Large Cap Equity | 29.81% | |||
U.S. Mid Cap Equity | 4.24% | |||
U.S. Small Cap Equity | 3.65% | |||
REITs | 1.20% | |||
International Equity | 16.40% | |||
Emerging Markets Equity | 5.47% | |||
Fixed Income | 39.23% | |||
U.S. Fixed Income | 30.16% | |||
Inflation Managed | 1.20% | |||
High Yield Fixed Income | 6.68% | |||
Emerging Markets Debt | 1.19% | |||
Money Market/Cash and Cash Equivalents | 0.00% | |||
Money Market/Cash and Cash Equivalents | 0.00% |
1 | As of the date of this prospectus, the Fund utilizes both underlying funds and direct investments to implement its target allocations. The amount of the Fund’s assets allocated to underlying funds and direct investments will vary over time. The Fund also has flexibility to utilize derivatives to implement its target allocations. |
Target Allocations1 | ||||
Equity | 73.18% | |||
U.S. Large Cap Equity | 35.89% | |||
U.S. Mid Cap Equity | 5.11% | |||
U.S. Small Cap Equity | 4.40% | |||
REITs | 1.45% | |||
International Equity | 19.75% | |||
Emerging Markets Equity | 6.58% | |||
Fixed Income | 26.82% | |||
U.S. Fixed Income | 21.44% | |||
Inflation Managed | 0.00% | |||
High Yield Fixed Income | 4.57% | |||
Emerging Markets Debt | 0.81% | |||
Money Market/Cash and Cash Equivalents | 0.00% | |||
Money Market/Cash and Cash Equivalents | 0.00% |
1 | As of the date of this prospectus, the Fund utilizes both underlying funds and direct investments to implement its target allocations. The amount of the Fund’s assets allocated to underlying funds and direct investments will vary over time. The Fund also has flexibility to utilize derivatives to implement its target allocations. |
Target Allocations1 | ||||
Equity | 83.40% | |||
U.S. Large Cap Equity | 40.89% | |||
U.S. Mid Cap Equity | 5.84% | |||
U.S. Small Cap Equity | 5.00% | |||
REITs | 1.67% | |||
International Equity | 22.25% | |||
Emerging Markets Equity | 7.75% | |||
Fixed Income | 16.60% | |||
U.S. Fixed Income | 13.28% | |||
Inflation Managed | 0.00% | |||
High Yield Fixed Income | 2.82% | |||
Emerging Markets Debt | 0.50% | |||
Money Market/Cash and Cash Equivalents | 0.00% | |||
Money Market/Cash and Cash Equivalents | 0.00% |
1 | As of the date of this prospectus, the Fund utilizes both underlying funds and direct investments to implement its target allocations. The amount of the Fund’s assets allocated to underlying funds and direct investments will vary over time. The Fund also has flexibility to utilize derivatives to implement its target allocations. |
Target Allocations1 | ||||
Equity | 91.20% | |||
U.S. Large Cap Equity | 44.66% | |||
U.S. Mid Cap Equity | 6.40% | |||
U.S. Small Cap Equity | 5.47% | |||
REITs | 1.84% | |||
International Equity | 24.16% | |||
Emerging Markets Equity | 8.67% | |||
Fixed Income | 8.80% | |||
U.S. Fixed Income | 7.04% | |||
Inflation Managed | 0.00% | |||
High Yield Fixed Income | 1.39% | |||
Emerging Markets Debt | 0.37% | |||
Money Market/Cash and Cash Equivalents | 0.00% | |||
Money Market/Cash and Cash Equivalents | 0.00% |
1 | As of the date of this prospectus, the Fund utilizes both underlying funds and direct investments to implement its target allocations. The amount of the Fund’s assets allocated to underlying funds and direct investments will vary over time. The Fund also has flexibility to utilize derivatives to implement its target allocations. |
Target Allocations1 | ||||
Equity | 94.00% | |||
U.S. Large Cap Equity | 46.00% | |||
U.S. Mid Cap Equity | 6.60% | |||
U.S. Small Cap Equity | 5.65% | |||
REITs | 1.90% | |||
International Equity | 24.90% | |||
Emerging Markets Equity | 8.95% | |||
Fixed Income | 6.00% | |||
U.S. Fixed Income | 4.80% | |||
Inflation Managed | 0.00% | |||
High Yield Fixed Income | 0.85% | |||
Emerging Markets Debt | 0.35% | |||
Money Market/Cash and Cash Equivalents | 0.00% | |||
Money Market/Cash and Cash Equivalents | 0.00% |
1 | As of the date of this prospectus, the Fund utilizes both underlying funds and direct investments to implement its target allocations. The amount of the Fund’s assets allocated to underlying funds and direct investments will vary over time. The Fund also has flexibility to utilize derivatives to implement its target allocations. |
Target Allocations1 | ||||
Fixed Income | 55.00% | |||
U.S. Fixed Income | 36.50% | |||
Inflation Managed | 7.50% | |||
High Yield Fixed Income | 9.35% | |||
Emerging Markets Debt | 1.65% | |||
Equity | 40.00% | |||
U.S. Large Cap Equity | 19.60% | |||
U.S. Mid Cap Equity | 2.80% | |||
U.S. Small Cap Equity | 2.40% | |||
REITs | 0.80% | |||
International Equity | 11.20% | |||
Emerging Markets Equity | 3.20% | |||
Money Market/Cash and Cash Equivalents | 5.00% | |||
Money Market/Cash and Cash Equivalents | 5.00% |
1 | As of the date of this prospectus, the Fund utilizes both underlying funds and direct investments to implement its target allocations. The amount of the Fund’s assets allocated to underlying funds and direct investments will vary over time. The Fund also has flexibility to utilize derivatives to implement its target allocations. |
Target Allocations1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Years to Target Date | 40+ | 35 | 30 | 25 | 20 | 15 | 10 | 5 | 0 | -5 | -10 | -20 | -35 | |||||||||||||||||||||||||||||||||||||||
Equity | 94.00 | % | 94.00 | % | 94.00 | % | 94.00 | % | 87.00 | % | 78.00 | % | 65.95 | % | 53.00 | % | 40.00 | % | 40.00 | % | 40.00 | % | 40.00 | % | 40.00 | % | ||||||||||||||||||||||||||
U.S. Large Cap Equity |
46.00 | % | 46.00 | % | 46.00 | % | 46.00 | % | 42.65 | % | 38.25 | % | 32.35 | % | 26.00 | % | 19.60 | % | 19.60 | % | 19.60 | % | 19.60 | % | 19.60 | % | ||||||||||||||||||||||||||
U.S. Mid Cap Equity |
6.60 | % | 6.60 | % | 6.60 | % | 6.60 | % | 6.10 | % | 5.45 | % | 4.60 | % | 3.70 | % | 2.80 | % | 2.80 | % | 2.80 | % | 2.80 | % | 2.80 | % | ||||||||||||||||||||||||||
U.S. Small Cap Equity |
5.65 | % | 5.65 | % | 5.65 | % | 5.65 | % | 5.20 | % | 4.70 | % | 3.95 | % | 3.20 | % | 2.40 | % | 2.40 | % | 2.40 | % | 2.40 | % | 2.40 | % | ||||||||||||||||||||||||||
REITs |
1.90 | % | 1.90 | % | 1.90 | % | 1.90 | % | 1.75 | % | 1.55 | % | 1.30 | % | 1.05 | % | 0.80 | % | 0.80 | % | 0.80 | % | 0.80 | % | 0.80 | % | ||||||||||||||||||||||||||
International Equity |
24.90 | % | 24.90 | % | 24.90 | % | 24.90 | % | 23.05 | % | 21.05 | % | 17.80 | % | 14.30 | % | 11.20 | % | 11.20 | % | 11.20 | % | 11.20 | % | 11.20 | % | ||||||||||||||||||||||||||
Emerging Markets Equity |
8.95 | % | 8.95 | % | 8.95 | % | 8.95 | % | 8.25 | % | 7.00 | % | 5.95 | % | 4.75 | % | 3.20 | % | 3.20 | % | 3.20 | % | 3.20 | % | 3.20 | % | ||||||||||||||||||||||||||
Fixed Income | 6.00 | % | 6.00 | % | 6.00 | % | 6.00 | % | 13.00 | % | 22.00 | % | 34.05 | % | 47.00 | % | 55.00 | % | 55.00 | % | 55.00 | % | 55.00 | % | 55.00 | % | ||||||||||||||||||||||||||
U.S. Fixed Income |
4.80 | % | 4.80 | % | 4.80 | % | 4.80 | % | 10.40 | % | 17.60 | % | 27.20 | % | 34.60 | % | 36.50 | % | 36.50 | % | 36.50 | % | 36.50 | % | 36.50 | % | ||||||||||||||||||||||||||
Inflation Managed |
0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 3.00 | % | 7.50 | % | 7.50 | % | 7.50 | % | 7.50 | % | 7.50 | % | ||||||||||||||||||||||||||
High Yield Fixed Income |
0.85 | % | 0.85 | % | 0.85 | % | 0.85 | % | 2.20 | % | 3.75 | % | 5.80 | % | 8.00 | % | 9.35 | % | 9.35 | % | 9.35 | % | 9.35 | % | 9.35 | % | ||||||||||||||||||||||||||
Emerging Markets Debt |
0.35 | % | 0.35 | % | 0.35 | % | 0.35 | % | 0.40 | % | 0.65 | % | 1.05 | % | 1.40 | % | 1.65 | % | 1.65 | % | 1.65 | % | 1.65 | % | 1.65 | % | ||||||||||||||||||||||||||
Money Market Funds/Cash and Cash Equivalents | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 5.00 | % | 5.00 | % | 5.00 | % | 5.00 | % | 5.00 | % | ||||||||||||||||||||||||||
Money Market Funds/Cash and Cash Equivalents |
0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 5.00 | % | 5.00 | % | 5.00 | % | 5.00 | % | 5.00 | % |
1 | As of the date of this prospectus, the Fund utilizes both underlying funds and direct investments to implement its target allocations. The amount of the Fund’s assets allocated to underlying funds and direct investments will vary over time. The Fund also has flexibility to utilize derivatives to implement its target allocations. |