The NEXEN 401k plan has made a few investment option and administrative changes according to the latest SEC 11-k report. The Balanced portfolio has a nice 5yr APR = 6.69% with a Sharpe ratio of 0.97. The employee portfolio was not helped by their largest holding company stock NXY. It was down in 2010 and is down YTD. The 3 largest holdings in the Balanced portfolio are the Schwab stable value fund SVF.cs in the scan, the bond fund VBMFX, and the First Eagle Overseas Fund SGOVX. I owned SGOVX for many years, still own SGENX and like several of the funds in this Plan. Company stock NXY however is too volatile for a retiree in my opinion.
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