Moderate Option
Objective:
The Investment Option primarily seeks to provide moderate current income and secondarily provide capital appreciation.
Strategy:
The Investment Option invests in three Vanguard stock index funds, one Schwab index ETF, three Vanguard bond index funds, one American Funds bond fund and one BlackRock (iShares) bond index fund. Through its investment in these Underlying Investments, the Investment Option allocates approximately 45% of its assets to stocks and 55% of its assets to bonds.
Risks:
The Investment Option has a number of investment related risks. For a list and descriptions of the risks associated with the Vanguard funds, BlackRock ETF, American Funds bond fund and Schwab ETF, see the Plan Disclosure Statement.