Medtronic 401k Plan PSDS Scan 12/31/2008

The Medtronic 401k data are from the 4/30/2008 SEC 11-K filing. The largest employee investment is in company stock, MDT, at 1.17B dollars. The stock has a negative 5yr return of minus 7.5% and only one fund VBMFX has a positive 5yr Sharpe ratio. The Balanced portfolio by rule has all the money invested in that fund. The employee portfolio from the 11-K has a negative 5yr return of minus 3.27%