Objectives: The Growth Static Investment Option seeks to provide growth of capital and some current income by investing 80% of its assets in diversified investments of domestic and international equity funds, 5% real estate funds, and 15% in domestic and international fixed income funds.
Strategies: The Investment Option invests in funds according to a fixed formula that typically results in an allocation of 60% domestic equity funds, 5% real estate funds, 20% international equity funds, 2% international bond funds, and 13% fixed income funds. The Investment Option manages cash flows to maintain the stated asset allocation. The stock holdings in the underlying mutual funds consist primarily of large-cap U.S. stocks and to a lesser extent, mid- and small-cap U.S. stocks and foreign stocks.
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Expense Ratio: The estimated overall expense ratio for this Portfolio is:
|Underlying Estimated Fund Expenses:1
|Program Management Fee:
|State Administrative Fee:
1 As of May 31, 2018.
Historical prices: Search for historical price information