Wednesday, October 27, 2010
Kennametal Inc. 401k (RISP) PSDS Scan 12-31-2009
The Balanced portfolio is another lifeboat portfolio with the 3 largest holdings being the stable value fund SVF.hpx in the scan and the two bond funds PTTRX and VBMFX. The employee portfolio has as its 3 largest holdings the stable value fund, company stock KMT and a target date retirement fund FFVFX. This is the first time I have seen a target date fund with so much invested in it and I think it more a marketing success than a good investment today. The plan has several much better investment options that are listed in the 3D scan image.
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