Wednesday, August 26, 2009
News America 401k (SP) Plan PSDS Scan 12/31/2008
This company is a subsidiary of News Corp. and the 401k plan is small. The Balanced portfolio has most of the money in the money market fund FRTXX and nothing in company stock. The employee portfolio has for its top three holdings FRTXX, FUSEX, and FFFCX. This is the first time I have seen a target retirement fund in the top three investments. The employee portfolio had a negative 5yr APR 0f -0.33%.
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