Here’s how we manage the investments in our plans:
Select*
- We utilize model-based criteria
- We select risk-adjusted, top-quartile fund managers with established track records
- We utilize the lowest cost share classes available
- Our final curation is a balanced, yet diversified mix of investments from all major asset classes
*Not all 3(38) Fiduciaries offer this responsibility.
Monitor
- We take a systematic approach
- We monitor core investments continuously
Replace
- Investments that underperform for a period defined by our plan-specific Investment Policy Statement are removed and replaced
- We perform share class audits regularly
- We communicate changes and disclosures when applicable