This plan has several investment options including company stock KFT and stock in two component companies Altria and PMI Group. The trustee is State Street Bank with two affilates Northern Trust and UBS Global Asset Management. These are the investment options as represented in the scan
Investment contracts - GIC index
Common collective trust - Wells Fargo Stable Return Fund ( DSVG1 )
Registerd investment companies - WOTDX, WFOAX, WFOBX, WFOOX, WFOSX
Government securites - Northern Trust Governmet Select Portfolio ( NTGSP )
Altria MO, Kraft KFT, PMI Group PMI
Short term temporary investments - SSMXX
The Balanced portfolio 3 largest investments are the GIC, DSVG1 and SSMXX with some money in MO. The 5yr perfomance was APR = 4.47 , STD = 1.37 and PSR = 1.35 which is good all things considered. The employee portfolio had 15.1% of the plan invested in PMI which produced a negative 5yr return APR = -3.58% with a negative 5yr Sharpe ratio.
No comments:
Post a Comment