The scan last year only included the 5% and up invetments. This year I included most of the smaller investment holdings. The Balanced portfolio is still a lifeboat portfolio with over 70% of the portfolio in the stable value fund VRST in the scan and the money market fund FDRXX. The employee portfolio was not helped by company stock ETN which has high volatility and low annualized returns 5yr APR = 0.68%. Another reminder that volatility kills compounding. In this case the average 5yr APR is 5.48% which confuses some. This is less of an issue for younger employees than retirees.
No comments:
Post a Comment