Saturday, January 15, 2011

State of New York 457 DC Plan PSDS Scan 12-31-2010



This is the first scan using 12-31-2010 market data from Thomson Reuters and Morningstar. The scan has 29 of the 32 investment options in the plan as of 12-31-2010. The stable income fund WFSRF in the scan is the largest holding in the Balanced portfolio accounting for 22.8% of the portfolio. There are 27 investment options in the Balanced portfolio which means almost all of the options have positve 5yr Sharpe ratios. That is rare and the 5yr performance is above average with a 5yr APR = 5.19% and a Sharpe ratio = 1.24. In the scan T. Rowe Price target date retirement funds without 5yr data were represented by the corresponding Vanguard fund.

No comments: