Monday, April 26, 2010

State of Nebraska 457 (DC) Plan PSDS Scan 12-31-2009




The Nebraska plan uses TIAA-CREF and Fidelity investments in the following catagories and in the design scan I used Fidelity funds,

Money Market : FRTXX
Stocks (Equities) : FLPSX, FDGRX, FBALX
Bonds (Fixed Income) : FGMNX, FGOVX, FBIDX
Guaranteed Annuity : GIC index
Lifecycle Funds: FFFAX, FFFBX, FFFCX, FFFDX

The Balanced portfolio had a 5yr APR = 4.32 and a Sharpe ratio of 2.49 which is a reflection of the GIC being the largest holding at 46.4% of the plan. Similar results could be obtained using similar TIAA-CREF funds. Many other possibilites exist but my focus is employees near or in retirement.

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