Avon Products 401k (PSAP) PSDS Scan 12/31/2008

Another plan hurt by 2008 but with a Balanced portfolio 5yr APR of 5.20% there was the possibilty of a positve return. A stable value investment option would have helped reduce volatility and Fidelity has good one, Fidelity Managed Income Portfolio comes to mind. The employee portfolio was heavily invested in company stock, AVP, and had a negative 5yr APR of -1.18% with high volatility, STD = 9.99%.