To view this fund's performance and other information, log in to NetBenefits.
Wayne State University 457(b) Plan
A 457(b) plan allows eligible employees to defer compensation to the future, lowering current taxable income and offering potential tax-deferred growth.
Explore your investment options below based on your desired level of investment involvement. At any time, you may use investments from any and all categories below.
When and Why:
Depending on your plan, there are two options to consider: Target Date Funds which are based on an anticipated retirement date and Target Allocation Funds that are based on a risk tolerance and time horizon.
Note: The performance data featured represents past performance, which is no guarantee of future results. Investment return and principal value of an investment will fluctuate, therefore you may have a gain or loss when you sell your shares. Current performance may be higher or lower than the performance data quoted. Click on an investment to view quarter end returns, risk, fees and expenses. 1,2,3,4.
INVESTMENTS | ASSET CLASS | CATEGORY | AVERAGE ANNUAL TOTAL RETURNS | CUMULATIVE RETURNS | ||||||
---|---|---|---|---|---|---|---|---|---|---|
1 Yr |
3 Yr |
5 Yr |
10 Yr |
Life |
3 Mon |
YTD |
As of Date |
|||
FID FREEDOM 2010 K6
Inception Date 10/17/1996 |
Blended Investments* |
N/A |
7.61% |
-0.06% |
3.98% |
4.39% |
5.98% |
0.87% |
4.21% |
06/30/2024 |
FID FREEDOM 2015 K6
Inception Date 11/06/2003 |
Blended Investments* |
N/A |
8.86% |
0.26% |
4.85% |
5.07% |
5.63% |
1.01% |
5.11% |
06/30/2024 |
FID FREEDOM 2020 K6
Inception Date 10/17/1996 |
Blended Investments* |
N/A |
10.15% |
0.57% |
5.68% |
5.66% |
6.56% |
1.06% |
5.99% |
06/30/2024 |
FID FREEDOM 2025 K6
Inception Date 11/06/2003 |
Blended Investments* |
N/A |
11.34% |
1.03% |
6.44% |
6.17% |
6.45% |
1.18% |
6.69% |
06/30/2024 |
FID FREEDOM 2030 K6
Inception Date 10/17/1996 |
Blended Investments* |
N/A |
12.63% |
1.64% |
7.41% |
6.98% |
7.01% |
1.30% |
7.49% |
06/30/2024 |
FID FREEDOM 2035 K6
Inception Date 11/06/2003 |
Blended Investments* |
N/A |
14.87% |
2.62% |
9.01% |
7.97% |
7.40% |
1.50% |
8.86% |
06/30/2024 |
FID FREEDOM 2040 K6
Inception Date 09/06/2000 |
Blended Investments* |
N/A |
17.41% |
3.76% |
10.33% |
8.62% |
5.47% |
1.84% |
10.62% |
06/30/2024 |
FID FREEDOM 2045 K6
Inception Date 06/01/2006 |
Blended Investments* |
N/A |
18.34% |
4.15% |
10.57% |
8.74% |
7.26% |
1.98% |
11.14% |
06/30/2024 |
FID FREEDOM 2050 K6
Inception Date 06/01/2006 |
Blended Investments* |
N/A |
18.22% |
4.11% |
10.55% |
8.73% |
7.15% |
1.90% |
11.17% |
06/30/2024 |
FID FREEDOM 2055 K6
Inception Date 06/01/2011 |
Blended Investments* |
N/A |
18.24% |
4.12% |
10.56% |
8.74% |
9.02% |
1.93% |
11.17% |
06/30/2024 |
FID FREEDOM 2060 K6
Inception Date 08/05/2014 |
Blended Investments* |
N/A |
18.24% |
4.14% |
10.56% |
-- |
9.09% |
1.92% |
11.18% |
06/30/2024 |
FID FREEDOM 2065 K6
Inception Date 06/28/2019 |
Blended Investments* |
N/A |
18.21% |
4.12% |
10.52% |
-- |
10.52% |
1.88% |
11.19% |
06/30/2024 |
FID FREEDOM INC K6
Inception Date 10/17/1996 |
Blended Investments* |
N/A |
6.45% |
-0.29% |
2.78% |
3.22% |
4.43% |
0.83% |
3.37% |
06/30/2024 |
A managed account is designed for people who prefer to have Fidelity manage their money for them, so they can focus on other aspects of their life.
Your employer gives you the opportunity to have a team of Fidelity professionals propose an investment strategy aligned to your personal goals and situation. Fidelity Personalized Planning & Advice monitor your investments, and make adjustments as your life and the world around you changes-helping to keep you on track to retirement. This service provides discretionary money management for a fee and you may cancel at any time with no cancellation fee.
Learn more and get a free review of your portfolio by speaking with a Fidelity representative at 866-811-6041.
Fidelity® Personalized Planning & Advice at Work is a service of Fidelity Personal and Workplace Advisors LLC and Strategic Advisers LLC. Both are registered investment advisers, are Fidelity Investments companies and may be referred to as "Fidelity," "we," or "our" within. For more information, refer to the Terms and Conditions of the Program. When used herein, Fidelity Personalized Planning & Advice refers exclusively to Fidelity Personalized Planning & Advice at Work. This service provides advisory services for a fee.
When and Why:
Do you have time and interest in choosing your own investments and managing your portfolio's diversification on an ongoing basis?
Each investment option is managed to achieve specific objectives, including a certain balance of risk and potential returns. For more information on any investment option listed below, simply click on its name.
Note: The performance data featured represents past performance, which is no guarantee of future results. Investment return and principal value of an investment will fluctuate, therefore you may have a gain or loss when you sell your shares. Current performance may be higher or lower than the performance data quoted. Click on an investment to view quarter end returns, risk, fees and expenses. 1,2,3,4.
You may lose money by investing in a money market fund. Not all money market funds operate the same way and depending on the fund, you may be subject to certain operating policies and risks not applicable to other money market funds. Please click on the name of the fund below for risks specific to that fund.
INVESTMENTS | ASSET CLASS | CATEGORY | AVERAGE ANNUAL TOTAL RETURNS | CUMULATIVE RETURNS | ||||||
---|---|---|---|---|---|---|---|---|---|---|
1 Yr |
3 Yr |
5 Yr |
10 Yr |
Life |
3 Mon |
YTD |
As of Date |
|||
FID FOUNDERS
Inception Date 02/14/2019 |
Stock Investments |
N/A |
29.93% |
7.23% |
16.67% |
-- |
17.34% |
2.27% |
17.21% |
06/30/2024 |
FID 500 INDEX
Inception Date 02/17/1988 |
Stock Investments |
Large Cap |
24.56% |
10.00% |
15.03% |
12.85% |
10.95% |
4.28% |
15.33% |
06/30/2024 |
FID BLUE CHIP GR K
Inception Date 12/31/1987 |
Stock Investments |
Large Cap |
42.17% |
9.32% |
21.95% |
17.88% |
13.18% |
9.27% |
21.16% |
06/30/2024 |
FID BLUE CHIP VALUE
Inception Date 06/17/2003 |
Stock Investments |
Large Cap |
11.63% |
6.92% |
8.21% |
7.18% |
6.76% |
-3.15% |
7.43% |
06/30/2024 |
FID CAP APPREC K
Inception Date 11/26/1986 |
Stock Investments |
Large Cap |
29.40% |
9.47% |
16.85% |
13.15% |
11.64% |
3.52% |
16.94% |
06/30/2024 |
FID CONTRAFUND K
Inception Date 05/17/1967 |
Stock Investments |
Large Cap |
39.92% |
11.00% |
17.47% |
15.03% |
12.99% |
6.52% |
22.33% |
06/30/2024 |
FID DISCIPLND EQ K
Inception Date 12/28/1988 |
Stock Investments |
Large Cap |
32.03% |
8.93% |
16.08% |
12.06% |
10.92% |
5.17% |
16.25% |
06/30/2024 |
FID DIVIDEND GR K
Inception Date 04/27/1993 |
Stock Investments |
Large Cap |
31.08% |
10.92% |
12.75% |
10.31% |
10.84% |
5.46% |
19.11% |
06/30/2024 |
FID EQ DIV INCOME K
Inception Date 08/21/1990 |
Stock Investments |
Large Cap |
12.43% |
6.90% |
9.91% |
8.42% |
9.94% |
-2.49% |
11.40% |
06/30/2024 |
FID EQUITY INCOME K
Inception Date 05/16/1966 |
Stock Investments |
Large Cap |
16.58% |
7.18% |
10.99% |
8.85% |
11.23% |
0.25% |
13.17% |
06/30/2024 |
FID FOCUSED STOCK
Inception Date 11/12/1996 |
Stock Investments |
Large Cap |
39.35% |
10.59% |
17.78% |
14.67% |
9.95% |
5.39% |
25.22% |
06/30/2024 |
FID FUND K
Inception Date 04/30/1930 |
Stock Investments |
Large Cap |
33.00% |
10.83% |
17.61% |
13.69% |
10.46% |
7.03% |
18.54% |
06/30/2024 |
FID GROWTH & INC K
Inception Date 12/30/1985 |
Stock Investments |
Large Cap |
21.96% |
10.69% |
14.49% |
11.15% |
10.46% |
2.98% |
15.94% |
06/30/2024 |
FID GROWTH CO K
Inception Date 01/17/1983 |
Stock Investments |
Large Cap |
38.02% |
9.25% |
23.42% |
18.90% |
14.66% |
9.10% |
21.97% |
06/30/2024 |
FID GROWTH DISC K
Inception Date 03/31/1998 |
Stock Investments |
Large Cap |
36.00% |
11.12% |
19.78% |
16.17% |
10.67% |
6.37% |
19.94% |
06/30/2024 |
FID LARGE CAP STOCK
Inception Date 06/22/1995 |
Stock Investments |
Large Cap |
26.76% |
11.61% |
15.39% |
11.61% |
9.67% |
4.45% |
17.44% |
06/30/2024 |
FID LEVERGD CO STK K
Inception Date 12/19/2000 |
Stock Investments |
Large Cap |
26.37% |
6.51% |
15.00% |
9.51% |
12.29% |
0.89% |
14.97% |
06/30/2024 |
FID LG CAP GR IDX
Inception Date 06/07/2016 |
Stock Investments |
Large Cap |
33.53% |
11.28% |
19.32% |
-- |
18.49% |
8.34% |
16.88% |
06/30/2024 |
FID LG CAP VAL IDX
Inception Date 06/07/2016 |
Stock Investments |
Large Cap |
13.12% |
5.53% |
9.00% |
-- |
9.34% |
-2.15% |
11.21% |
06/30/2024 |
FID MAGELLAN K
Inception Date 05/02/1963 |
Stock Investments |
Large Cap |
35.54% |
10.13% |
15.84% |
13.42% |
15.87% |
5.68% |
20.01% |
06/30/2024 |
FID MEGA CAP STOCK
Inception Date 12/28/1998 |
Stock Investments |
Large Cap |
28.44% |
12.47% |
16.85% |
12.50% |
7.90% |
5.39% |
17.38% |
06/30/2024 |
FID NASDAQ COMP INDX
Inception Date 09/25/2003 |
Stock Investments |
Large Cap |
29.99% |
8.00% |
18.28% |
16.00% |
12.49% |
8.47% |
16.06% |
06/30/2024 |
FID NEW MILLEN
Inception Date 12/28/1992 |
Stock Investments |
Large Cap |
29.03% |
14.50% |
15.49% |
11.66% |
13.42% |
4.01% |
17.75% |
06/30/2024 |
FID OTC K
Inception Date 12/31/1984 |
Stock Investments |
Large Cap |
37.33% |
9.58% |
20.54% |
17.98% |
14.59% |
10.44% |
18.59% |
06/30/2024 |
FID STK SEL ALL CP K
Inception Date 09/28/1990 |
Stock Investments |
Large Cap |
20.78% |
6.79% |
14.06% |
11.61% |
11.03% |
1.69% |
11.24% |
06/30/2024 |
FID STKSEL LGCAP VAL
Inception Date 11/15/2001 |
Stock Investments |
Large Cap |
15.90% |
7.15% |
10.33% |
8.36% |
7.23% |
-2.38% |
11.67% |
06/30/2024 |
FID TOTAL MKT IDX
Inception Date 11/05/1997 |
Stock Investments |
Large Cap |
23.25% |
7.93% |
14.06% |
12.09% |
8.78% |
3.24% |
14.50% |
06/30/2024 |
FID TREND
Inception Date 06/16/1958 |
Stock Investments |
Large Cap |
35.82% |
10.49% |
19.07% |
15.73% |
12.38% |
6.51% |
20.74% |
06/30/2024 |
FID US SUSTN IDX
Inception Date 05/09/2017 |
Stock Investments |
Large Cap |
27.14% |
10.45% |
15.70% |
-- |
14.77% |
3.71% |
14.96% |
06/30/2024 |
FID VALUE DISCOV K
Inception Date 12/10/2002 |
Stock Investments |
Large Cap |
8.52% |
3.82% |
9.21% |
7.85% |
9.27% |
-3.46% |
7.77% |
06/30/2024 |
FID WOMENS LDRSHP
Inception Date 05/01/2019 |
Stock Investments |
Large Cap |
17.14% |
3.18% |
11.35% |
-- |
11.26% |
-0.71% |
9.87% |
06/30/2024 |
FID EXTD MKT IDX
Inception Date 11/05/1997 |
Stock Investments |
Mid-Cap |
14.95% |
-2.46% |
8.69% |
8.26% |
8.26% |
-3.42% |
9.43% |
06/30/2024 |
FID GROWTH STRAT K
Inception Date 12/28/1990 |
Stock Investments |
Mid-Cap |
17.63% |
2.65% |
11.19% |
10.68% |
9.43% |
-2.36% |
9.59% |
06/30/2024 |
FID LOW PRICED STK K
Inception Date 12/27/1989 |
Stock Investments |
Mid-Cap |
16.79% |
6.13% |
11.91% |
8.97% |
13.00% |
-1.91% |
10.48% |
06/30/2024 |
FID MID CAP GR IDX
Inception Date 07/11/2019 |
Stock Investments |
Mid-Cap |
15.01% |
-0.09% |
-- |
-- |
9.35% |
-3.20% |
5.91% |
06/30/2024 |
FID MID CAP IDX
Inception Date 09/08/2011 |
Stock Investments |
Mid-Cap |
12.90% |
2.39% |
9.46% |
9.05% |
11.97% |
-3.34% |
8.96% |
06/30/2024 |
FID MID CAP STOCK K
Inception Date 03/29/1994 |
Stock Investments |
Mid-Cap |
10.75% |
5.12% |
10.66% |
9.28% |
11.25% |
-4.42% |
8.45% |
06/30/2024 |
FID MID CAP VAL IDX
Inception Date 07/11/2019 |
Stock Investments |
Mid-Cap |
11.96% |
3.63% |
-- |
-- |
8.28% |
-3.42% |
9.79% |
06/30/2024 |
FID MID CAP VALUE
Inception Date 11/15/2001 |
Stock Investments |
Mid-Cap |
18.10% |
8.12% |
11.04% |
7.75% |
9.18% |
-5.38% |
11.45% |
06/30/2024 |
FID SEL CHEMICALS
Inception Date 07/29/1985 |
Stock Investments |
Mid-Cap |
5.35% |
2.86% |
8.04% |
6.13% |
12.40% |
-6.06% |
3.18% |
06/30/2024 |
FID SEL ENT TECH SVC
Inception Date 02/04/1998 |
Stock Investments |
Mid-Cap |
6.25% |
-7.66% |
3.95% |
11.25% |
11.67% |
-9.25% |
-2.57% |
06/30/2024 |
FID STK SEL MID CAP
Inception Date 02/20/1996 |
Stock Investments |
Mid-Cap |
12.09% |
3.40% |
9.58% |
8.73% |
10.38% |
-3.96% |
9.76% |
06/30/2024 |
FID VALUE K
Inception Date 12/01/1978 |
Stock Investments |
Mid-Cap |
16.11% |
6.12% |
12.81% |
8.87% |
11.95% |
-5.66% |
8.62% |
06/30/2024 |
FID VALUE STRAT K
Inception Date 12/31/1983 |
Stock Investments |
Mid-Cap |
15.13% |
7.25% |
12.91% |
9.22% |
11.47% |
-5.40% |
7.49% |
06/30/2024 |
FID SM CAP DISCOVERY
Inception Date 09/26/2000 |
Stock Investments |
Small Cap |
11.48% |
3.52% |
10.02% |
7.34% |
10.15% |
-7.22% |
6.58% |
06/30/2024 |
FID SM CAP GR IDX
Inception Date 07/11/2019 |
Stock Investments |
Small Cap |
9.26% |
-4.71% |
-- |
-- |
6.32% |
-2.90% |
13.38% |
06/30/2024 |
FID SM CAP IDX
Inception Date 09/08/2011 |
Stock Investments |
Small Cap |
10.17% |
-2.47% |
7.04% |
7.16% |
10.44% |
-3.25% |
12.37% |
06/30/2024 |
FID SM CAP VAL IDX
Inception Date 07/11/2019 |
Stock Investments |
Small Cap |
10.83% |
-0.52% |
-- |
-- |
7.25% |
-3.63% |
11.42% |
06/30/2024 |
FID SMALL CAP GROWTH
Inception Date 11/03/2004 |
Stock Investments |
Small Cap |
18.41% |
-0.17% |
9.98% |
11.62% |
11.37% |
-2.15% |
17.22% |
06/30/2024 |
FID SMALL CAP STOCK
Inception Date 03/12/1998 |
Stock Investments |
Small Cap |
13.60% |
-1.01% |
6.59% |
7.10% |
8.31% |
-3.43% |
9.76% |
06/30/2024 |
FID SMALL CAP VALUE
Inception Date 11/03/2004 |
Stock Investments |
Small Cap |
10.96% |
2.92% |
10.83% |
8.24% |
10.11% |
-6.51% |
10.26% |
06/30/2024 |
FID STK SEL SM CAP
Inception Date 06/28/1993 |
Stock Investments |
Small Cap |
16.73% |
4.10% |
11.55% |
9.42% |
8.77% |
-2.16% |
16.32% |
06/30/2024 |
FID CANADA
Inception Date 11/17/1987 |
Stock Investments |
International |
9.50% |
5.52% |
9.10% |
5.07% |
8.92% |
-0.85% |
6.76% |
06/30/2024 |
FID CHINA REGION
Inception Date 11/01/1995 |
Stock Investments |
International |
14.37% |
-10.05% |
5.40% |
6.10% |
8.42% |
11.21% |
12.40% |
06/30/2024 |
FID DIVERSIFD INTL K
Inception Date 12/27/1991 |
Stock Investments |
International |
12.16% |
1.02% |
7.63% |
5.53% |
8.03% |
0.25% |
8.91% |
06/30/2024 |
FID EMERG MKTS DISC
Inception Date 11/01/2011 |
Stock Investments |
International |
8.94% |
0.23% |
7.62% |
5.13% |
6.51% |
1.70% |
1.16% |
06/30/2024 |
FID EMERGING ASIA
Inception Date 04/19/1993 |
Stock Investments |
International |
17.45% |
-11.07% |
7.23% |
7.37% |
7.54% |
6.46% |
9.74% |
06/30/2024 |
FID EMERGING MKTS K
Inception Date 11/01/1990 |
Stock Investments |
International |
15.12% |
-4.26% |
6.75% |
6.08% |
5.59% |
5.50% |
8.83% |
06/30/2024 |
FID EMRG MKTS IDX
Inception Date 09/08/2011 |
Stock Investments |
International |
11.33% |
-5.41% |
2.72% |
2.74% |
2.68% |
4.77% |
6.57% |
06/30/2024 |
FID EUROPE
Inception Date 10/01/1986 |
Stock Investments |
International |
10.88% |
-1.94% |
5.59% |
3.71% |
7.88% |
0.00% |
9.41% |
06/30/2024 |
FID GLB EX US IDX
Inception Date 09/08/2011 |
Stock Investments |
International |
11.33% |
0.52% |
5.60% |
3.88% |
5.50% |
1.02% |
6.89% |
06/30/2024 |
FID GLOBAL EQ INCOME
Inception Date 05/02/2012 |
Stock Investments |
International |
13.57% |
5.74% |
11.02% |
8.44% |
9.82% |
0.89% |
11.07% |
06/30/2024 |
FID INTL CAP APPREC
Inception Date 11/01/1994 |
Stock Investments |
International |
16.34% |
2.41% |
8.51% |
8.05% |
7.09% |
-0.14% |
8.48% |
06/30/2024 |
FID INTL DISCOVERY K
Inception Date 12/31/1986 |
Stock Investments |
International |
15.64% |
-0.08% |
7.39% |
5.34% |
7.49% |
1.53% |
13.16% |
06/30/2024 |
FID INTL GROWTH
Inception Date 11/01/2007 |
Stock Investments |
International |
12.06% |
1.39% |
8.14% |
6.93% |
5.34% |
-1.88% |
5.54% |
06/30/2024 |
FID INTL INDEX
Inception Date 11/05/1997 |
Stock Investments |
International |
11.37% |
3.07% |
6.65% |
4.47% |
5.19% |
-0.27% |
7.11% |
06/30/2024 |
FID INTL SM CAP OPP
Inception Date 08/02/2005 |
Stock Investments |
International |
7.83% |
-3.11% |
5.42% |
5.86% |
6.36% |
-3.26% |
4.41% |
06/30/2024 |
FID INTL SMALL CAP
Inception Date 09/18/2002 |
Stock Investments |
International |
11.66% |
1.30% |
6.70% |
6.22% |
11.30% |
-0.28% |
5.07% |
06/30/2024 |
FID INTL SUSTN IDX
Inception Date 05/09/2017 |
Stock Investments |
International |
10.99% |
-0.69% |
5.39% |
-- |
5.13% |
2.38% |
6.84% |
06/30/2024 |
FID INTL VALUE
Inception Date 05/18/2006 |
Stock Investments |
International |
16.75% |
7.18% |
8.33% |
4.02% |
3.10% |
0.00% |
9.78% |
06/30/2024 |
FID JAPAN
Inception Date 09/15/1992 |
Stock Investments |
International |
8.34% |
-0.83% |
6.27% |
5.56% |
4.36% |
-0.94% |
7.34% |
06/30/2024 |
FID JAPAN SMALL CO
Inception Date 11/01/1995 |
Stock Investments |
International |
9.26% |
0.57% |
3.72% |
5.48% |
5.31% |
-1.07% |
5.91% |
06/30/2024 |
FID LATIN AMERICA
Inception Date 04/19/1993 |
Stock Investments |
International |
-11.88% |
-5.18% |
-4.42% |
-2.71% |
5.07% |
-15.62% |
-16.03% |
06/30/2024 |
FID NORDIC
Inception Date 11/01/1995 |
Stock Investments |
International |
23.04% |
3.86% |
13.16% |
7.84% |
10.53% |
3.82% |
8.59% |
06/30/2024 |
FID OVERSEAS K
Inception Date 12/04/1984 |
Stock Investments |
International |
13.48% |
2.14% |
7.88% |
6.73% |
9.57% |
0.06% |
9.56% |
06/30/2024 |
FID PACIFIC BASIN
Inception Date 10/01/1986 |
Stock Investments |
International |
8.25% |
-3.89% |
6.58% |
6.95% |
7.10% |
3.04% |
5.44% |
06/30/2024 |
FID TOTAL INTL EQ
Inception Date 11/01/2007 |
Stock Investments |
International |
13.71% |
1.61% |
8.04% |
5.94% |
3.45% |
0.95% |
7.75% |
06/30/2024 |
FID TOTAL INTL IDX
Inception Date 06/07/2016 |
Stock Investments |
International |
11.21% |
0.25% |
5.64% |
-- |
6.30% |
1.02% |
6.62% |
06/30/2024 |
FID WORLDWIDE
Inception Date 05/30/1990 |
Stock Investments |
International |
29.53% |
6.29% |
13.77% |
10.79% |
8.96% |
3.81% |
19.25% |
06/30/2024 |
FID ENV ALT ENERGY
Inception Date 06/29/1989 |
Stock Investments |
Specialty |
16.05% |
5.30% |
11.16% |
9.37% |
5.76% |
1.41% |
12.68% |
06/30/2024 |
FID GLB COMDTY STK
Inception Date 03/25/2009 |
Stock Investments |
Specialty |
10.47% |
8.78% |
11.46% |
4.56% |
6.20% |
2.95% |
7.78% |
06/30/2024 |
FID INTL REAL ESTATE
Inception Date 09/08/2004 |
Stock Investments |
Specialty |
-1.20% |
-9.66% |
-1.56% |
2.14% |
4.33% |
-3.91% |
-2.72% |
06/30/2024 |
FID NATURAL RES
Inception Date 03/03/1997 |
Stock Investments |
Specialty |
21.41% |
21.65% |
14.08% |
2.60% |
7.83% |
0.22% |
15.26% |
06/30/2024 |
FID REAL ESTATE IDX
Inception Date 09/08/2011 |
Stock Investments |
Specialty |
4.79% |
-2.49% |
1.08% |
4.26% |
6.34% |
-1.92% |
3.59% |
06/30/2024 |
FID REAL ESTATE INVS
Inception Date 11/17/1986 |
Stock Investments |
Specialty |
3.87% |
-1.49% |
2.63% |
5.45% |
9.14% |
-0.62% |
3.47% |
06/30/2024 |
FID SEL AUTOMOTIVE
Inception Date 06/30/1986 |
Stock Investments |
Specialty |
-0.90% |
-4.13% |
14.20% |
7.87% |
9.09% |
-9.10% |
-2.80% |
06/30/2024 |
FID SEL BANKING
Inception Date 06/30/1986 |
Stock Investments |
Specialty |
37.22% |
2.74% |
6.96% |
7.36% |
9.36% |
0.34% |
21.72% |
06/30/2024 |
FID SEL BIOTECH
Inception Date 12/16/1985 |
Stock Investments |
Specialty |
17.75% |
-2.99% |
7.02% |
7.28% |
12.33% |
-1.34% |
19.99% |
06/30/2024 |
FID SEL BROKERAGE
Inception Date 07/29/1985 |
Stock Investments |
Specialty |
32.00% |
8.64% |
17.46% |
11.38% |
11.42% |
-0.85% |
15.80% |
06/30/2024 |
FID SEL COMM SERV
Inception Date 06/30/1986 |
Stock Investments |
Specialty |
37.92% |
3.50% |
14.97% |
11.53% |
12.74% |
7.82% |
14.91% |
06/30/2024 |
FID SEL CONS DISCR
Inception Date 06/29/1990 |
Stock Investments |
Specialty |
16.02% |
0.99% |
10.66% |
11.14% |
10.48% |
-2.02% |
4.35% |
06/30/2024 |
FID SEL CONS STAPLES
Inception Date 07/29/1985 |
Stock Investments |
Specialty |
2.53% |
4.05% |
7.93% |
6.58% |
11.65% |
-2.11% |
5.17% |
06/30/2024 |
FID SEL CONSTR/HOUSE
Inception Date 09/29/1986 |
Stock Investments |
Specialty |
16.47% |
9.87% |
18.62% |
14.72% |
12.48% |
-7.65% |
13.06% |
06/30/2024 |
FID SEL DEFENSE
Inception Date 05/08/1984 |
Stock Investments |
Specialty |
16.24% |
7.11% |
5.95% |
10.36% |
11.37% |
1.97% |
12.44% |
06/30/2024 |
FID SEL ENERGY
Inception Date 07/14/1981 |
Stock Investments |
Specialty |
18.95% |
25.85% |
13.59% |
2.25% |
8.02% |
-2.53% |
13.36% |
06/30/2024 |
FID SEL FINTECH
Inception Date 12/16/1985 |
Stock Investments |
Specialty |
7.44% |
-5.85% |
3.13% |
6.37% |
8.33% |
-9.21% |
1.26% |
06/30/2024 |
FID SEL GOLD
Inception Date 12/16/1985 |
Stock Investments |
Specialty |
7.21% |
-4.46% |
3.55% |
1.35% |
4.58% |
5.27% |
16.46% |
06/30/2024 |
FID SEL HEALTHCARE
Inception Date 07/14/1981 |
Stock Investments |
Specialty |
5.10% |
-1.00% |
8.75% |
9.63% |
14.80% |
-2.46% |
7.52% |
06/30/2024 |
FID SEL HTH CARE SVC
Inception Date 06/30/1986 |
Stock Investments |
Specialty |
-0.80% |
1.13% |
10.44% |
11.14% |
11.75% |
-7.91% |
2.12% |
06/30/2024 |
FID SEL INDUSTRIALS
Inception Date 03/03/1997 |
Stock Investments |
Specialty |
24.21% |
10.77% |
10.78% |
9.30% |
10.22% |
-3.35% |
16.66% |
06/30/2024 |
FID SEL INSURANCE
Inception Date 12/16/1985 |
Stock Investments |
Specialty |
26.83% |
16.07% |
13.77% |
12.08% |
11.51% |
-1.36% |
21.56% |
06/30/2024 |
FID SEL LEISURE
Inception Date 05/08/1984 |
Stock Investments |
Specialty |
15.49% |
9.12% |
12.05% |
11.70% |
13.65% |
-0.30% |
1.63% |
06/30/2024 |
FID SEL MATERIALS
Inception Date 09/29/1986 |
Stock Investments |
Specialty |
4.70% |
3.94% |
9.89% |
5.19% |
9.30% |
-5.38% |
5.45% |
06/30/2024 |
FID SEL MED TECH&DV
Inception Date 04/28/1998 |
Stock Investments |
Specialty |
-2.13% |
-5.13% |
6.53% |
12.17% |
13.15% |
-5.24% |
3.20% |
06/30/2024 |
FID SEL PHARMACEUTCL
Inception Date 06/18/2001 |
Stock Investments |
Specialty |
32.74% |
13.35% |
15.87% |
10.34% |
9.50% |
6.80% |
26.83% |
06/30/2024 |
FID SEL RETAILING
Inception Date 12/16/1985 |
Stock Investments |
Specialty |
23.80% |
0.57% |
12.62% |
15.00% |
13.75% |
-1.90% |
9.85% |
06/30/2024 |
FID SEL SEMICONDUCT
Inception Date 07/29/1985 |
Stock Investments |
Specialty |
56.07% |
29.46% |
37.82% |
27.62% |
15.19% |
14.47% |
33.77% |
06/30/2024 |
FID SEL SOFTWARE
Inception Date 07/29/1985 |
Stock Investments |
Specialty |
17.68% |
4.32% |
15.46% |
17.02% |
16.06% |
-2.93% |
-1.19% |
06/30/2024 |
FID SEL TEC HARDWARE
Inception Date 07/29/1985 |
Stock Investments |
Specialty |
27.11% |
7.53% |
19.27% |
14.38% |
12.71% |
7.10% |
14.24% |
06/30/2024 |
FID SEL TECHNOLOGY
Inception Date 07/14/1981 |
Stock Investments |
Specialty |
34.93% |
11.37% |
24.30% |
20.42% |
14.23% |
10.00% |
20.10% |
06/30/2024 |
FID SEL TELECOMM
Inception Date 07/29/1985 |
Stock Investments |
Specialty |
12.07% |
-5.71% |
3.06% |
4.30% |
8.94% |
5.35% |
7.14% |
06/30/2024 |
FID SEL TRANSPORT
Inception Date 09/29/1986 |
Stock Investments |
Specialty |
10.10% |
6.95% |
10.82% |
9.50% |
12.22% |
-3.64% |
1.98% |
06/30/2024 |
FID SEL UTILITIES
Inception Date 12/10/1981 |
Stock Investments |
Specialty |
13.78% |
10.04% |
8.28% |
8.32% |
10.89% |
4.98% |
15.09% |
06/30/2024 |
FID SEL WIRELESS
Inception Date 09/21/2000 |
Stock Investments |
Specialty |
20.74% |
1.05% |
12.26% |
10.25% |
5.41% |
7.59% |
10.37% |
06/30/2024 |
FID TELECOM & UTIL
Inception Date 11/27/1987 |
Stock Investments |
Specialty |
20.57% |
8.95% |
7.91% |
7.65% |
9.02% |
6.24% |
15.54% |
06/30/2024 |
FIDELITY FINANCIALS
Inception Date 12/10/1981 |
Stock Investments |
Specialty |
28.74% |
6.88% |
11.83% |
9.95% |
11.18% |
-1.50% |
18.21% |
06/30/2024 |
FID ASSET MGR 20%
Inception Date 10/01/1992 |
Blended Investments* |
N/A |
6.51% |
0.32% |
3.10% |
3.21% |
5.41% |
0.76% |
3.52% |
06/30/2024 |
FID ASSET MGR 30%
Inception Date 10/09/2007 |
Blended Investments* |
N/A |
7.79% |
0.55% |
4.19% |
4.09% |
4.29% |
0.87% |
4.30% |
06/30/2024 |
FID ASSET MGR 40%
Inception Date 10/09/2007 |
Blended Investments* |
N/A |
9.11% |
1.00% |
5.28% |
4.91% |
4.85% |
0.92% |
5.18% |
06/30/2024 |
FID ASSET MGR 50%
Inception Date 12/28/1988 |
Blended Investments* |
N/A |
10.47% |
1.39% |
6.24% |
5.61% |
7.70% |
1.04% |
5.96% |
06/30/2024 |
FID ASSET MGR 60%
Inception Date 10/09/2007 |
Blended Investments* |
N/A |
11.82% |
1.80% |
7.22% |
6.31% |
5.81% |
1.18% |
6.78% |
06/30/2024 |
FID ASSET MGR 70%
Inception Date 12/30/1991 |
Blended Investments* |
N/A |
13.22% |
2.54% |
8.32% |
7.06% |
7.83% |
1.29% |
7.68% |
06/30/2024 |
FID ASSET MGR 85%
Inception Date 09/24/1999 |
Blended Investments* |
N/A |
15.45% |
3.31% |
9.84% |
8.14% |
6.83% |
1.54% |
9.06% |
06/30/2024 |
FID BALANCED K
Inception Date 11/06/1986 |
Blended Investments* |
N/A |
17.65% |
5.34% |
11.54% |
9.53% |
9.56% |
2.80% |
10.21% |
06/30/2024 |
FID CONVERTIBLE SEC
Inception Date 01/05/1987 |
Blended Investments* |
N/A |
7.19% |
-0.22% |
10.75% |
7.61% |
10.35% |
0.25% |
4.80% |
06/30/2024 |
FID MULTI ASSET IDX
Inception Date 06/29/1999 |
Blended Investments* |
N/A |
15.25% |
3.71% |
9.27% |
8.17% |
6.30% |
1.75% |
9.48% |
06/30/2024 |
FID PURITAN K
Inception Date 04/16/1947 |
Blended Investments* |
N/A |
20.31% |
6.00% |
11.47% |
9.50% |
10.93% |
2.72% |
11.71% |
06/30/2024 |
FID REAL ESTATE INC
Inception Date 02/04/2003 |
Blended Investments* |
N/A |
7.73% |
0.34% |
3.56% |
5.04% |
6.73% |
1.31% |
5.13% |
06/30/2024 |
FID STRAT DIV & INC
Inception Date 12/23/2003 |
Blended Investments* |
N/A |
10.45% |
3.57% |
8.12% |
7.62% |
7.67% |
-0.14% |
8.18% |
06/30/2024 |
FID STRAT REAL RET
Inception Date 09/07/2005 |
Blended Investments* |
N/A |
7.32% |
3.31% |
5.31% |
2.87% |
3.43% |
1.51% |
3.97% |
06/30/2024 |
FID ST BOND IDX
Inception Date 10/18/2017 |
Bond Investments |
N/A |
4.68% |
-0.18% |
0.99% |
-- |
1.40% |
0.89% |
2.17% |
06/30/2024 |
FID CAPITAL & INCOME
Inception Date 11/01/1977 |
Bond Investments |
Income |
12.68% |
3.28% |
6.73% |
5.97% |
9.37% |
1.34% |
6.04% |
06/30/2024 |
FID CONSV INC BD
Inception Date 03/03/2011 |
Bond Investments |
Income |
5.80% |
3.17% |
2.39% |
1.85% |
1.57% |
1.31% |
3.03% |
06/30/2024 |
FID CORPORATE BOND
Inception Date 05/04/2010 |
Bond Investments |
Income |
5.34% |
-3.03% |
0.71% |
2.40% |
3.85% |
0.21% |
1.75% |
06/30/2024 |
FID FOCUSED HIGH INC
Inception Date 09/08/2004 |
Bond Investments |
Income |
8.54% |
0.56% |
2.37% |
3.30% |
4.87% |
1.02% |
3.64% |
06/30/2024 |
FID GLOBAL CREDIT
Inception Date 05/22/2012 |
Bond Investments |
Income |
9.48% |
-3.94% |
-0.03% |
0.74% |
0.99% |
0.52% |
4.75% |
06/30/2024 |
FID GNMA
Inception Date 11/08/1985 |
Bond Investments |
Income |
2.61% |
-2.67% |
-0.63% |
0.77% |
5.14% |
0.31% |
0.64% |
06/30/2024 |
FID HIGH INCOME
Inception Date 08/29/1990 |
Bond Investments |
Income |
10.13% |
0.88% |
2.31% |
3.40% |
7.58% |
1.22% |
5.23% |
06/30/2024 |
FID INFL PR BD IDX
Inception Date 05/16/2012 |
Bond Investments |
Income |
2.67% |
-1.37% |
2.01% |
1.87% |
1.53% |
1.02% |
1.89% |
06/30/2024 |
FID INTERMED BOND
Inception Date 05/23/1975 |
Bond Investments |
Income |
4.48% |
-1.21% |
0.88% |
1.65% |
6.39% |
0.59% |
2.08% |
06/30/2024 |
FID INTM GOVT INCOME
Inception Date 05/02/1988 |
Bond Investments |
Income |
3.04% |
-1.89% |
-0.17% |
0.76% |
4.27% |
0.48% |
1.42% |
06/30/2024 |
FID INTM TR BD IDX
Inception Date 12/20/2005 |
Bond Investments |
Income |
1.60% |
-3.56% |
-0.72% |
1.08% |
3.10% |
0.10% |
0.80% |
06/30/2024 |
FID INVST GR BD
Inception Date 08/06/1971 |
Bond Investments |
Income |
3.24% |
-2.71% |
0.54% |
1.81% |
6.20% |
0.16% |
1.14% |
06/30/2024 |
FID LT TR BD IDX
Inception Date 12/20/2005 |
Bond Investments |
Income |
-5.67% |
-10.54% |
-4.29% |
0.55% |
3.35% |
-1.67% |
-2.98% |
06/30/2024 |
FID LTD TERM BOND
Inception Date 02/02/1984 |
Bond Investments |
Income |
6.14% |
0.34% |
1.45% |
1.74% |
5.63% |
1.12% |
2.83% |
06/30/2024 |
FID LTD TERM GOVT
Inception Date 11/10/1986 |
Bond Investments |
Income |
3.86% |
-0.81% |
0.29% |
0.75% |
4.07% |
0.76% |
1.68% |
06/30/2024 |
FID MORTGAGE SEC
Inception Date 12/31/1984 |
Bond Investments |
Income |
2.36% |
-3.09% |
-0.78% |
0.89% |
5.31% |
0.24% |
0.66% |
06/30/2024 |
FID NEW MARKETS INC
Inception Date 05/04/1993 |
Bond Investments |
Income |
13.84% |
-0.38% |
0.89% |
2.32% |
8.57% |
0.98% |
5.47% |
06/30/2024 |
FID SH DUR HIGH INC
Inception Date 11/05/2013 |
Bond Investments |
Income |
9.32% |
2.53% |
3.24% |
3.06% |
3.19% |
1.21% |
4.40% |
06/30/2024 |
FID SHORT TERM BOND
Inception Date 09/15/1986 |
Bond Investments |
Income |
5.44% |
0.88% |
1.50% |
1.49% |
3.86% |
1.01% |
2.62% |
06/30/2024 |
FID ST TR BD IDX
Inception Date 12/20/2005 |
Bond Investments |
Income |
4.09% |
-0.46% |
0.68% |
1.07% |
2.10% |
0.87% |
1.76% |
06/30/2024 |
FID STRATEGIC INCOME
Inception Date 10/31/1994 |
Bond Investments |
Income |
8.24% |
0.26% |
2.77% |
3.15% |
6.60% |
0.90% |
3.53% |
06/30/2024 |
FID SUSTN BOND IDX
Inception Date 06/19/2018 |
Bond Investments |
Income |
2.53% |
-3.08% |
-0.35% |
-- |
0.98% |
0.12% |
0.78% |
06/30/2024 |
FID TOTAL BOND
Inception Date 10/15/2002 |
Bond Investments |
Income |
4.15% |
-2.08% |
0.96% |
2.16% |
3.97% |
0.37% |
1.66% |
06/30/2024 |
FID US BOND IDX
Inception Date 03/08/1990 |
Bond Investments |
Income |
2.68% |
-3.03% |
-0.22% |
1.33% |
5.00% |
0.16% |
0.84% |
06/30/2024 |
FIDELITY GOVT INCOME
Inception Date 04/04/1979 |
Bond Investments |
Income |
1.58% |
-3.44% |
-0.89% |
0.66% |
5.99% |
0.16% |
0.59% |
06/30/2024 |
FID FLOAT RT HI INC
Inception Date 08/16/2000 |
Bond Investments |
Other |
9.86% |
5.87% |
5.12% |
4.20% |
4.36% |
1.40% |
4.27% |
06/30/2024 |
FID GOV CASH RESERVE
Inception Date 05/10/1979 7 day yield % as of 06/30/2024: 5.00 ** |
Short-Term Investments |
N/A |
5.10% |
2.87% |
1.94% |
1.29% |
4.37% |
1.25% |
2.88% |
06/30/2024 |
FID GOVT MMKT
Inception Date 02/05/1990 7 day yield % as of 06/30/2024: 4.97 ** |
Short-Term Investments |
N/A |
5.09% |
2.85% |
1.92% |
1.26% |
2.64% |
1.24% |
2.86% |
06/30/2024 |
FID GOVT MMRK PRM
Inception Date 02/05/1990 7 day yield % as of 06/30/2024: 5.07 ** 7 day restated yield % as of 06/30/2024: 5.03 *** |
Short-Term Investments |
N/A |
5.19% |
2.93% |
1.98% |
1.33% |
2.66% |
1.27% |
2.92% |
06/30/2024 |
FID TREAS MM
Inception Date 08/31/1983 7 day yield % as of 06/30/2024: 4.95 ** |
Short-Term Investments |
N/A |
5.08% |
2.86% |
1.92% |
1.26% |
3.23% |
1.24% |
2.85% |
06/30/2024 |
FID TREASURY ONLY MM
Inception Date 01/05/1988 7 day yield % as of 06/30/2024: 4.94 ** |
Short-Term Investments |
N/A |
5.07% |
2.79% |
1.88% |
1.24% |
2.77% |
1.24% |
2.85% |
06/30/2024 |
A self-directed brokerage account allows you to make investments beyond those offered in your workplace retirement savings plan.
For more information or to open a self-directed brokerage account, first enroll in your Fidelity workplace retirement savings plan. Then visit www.netbenefits.com > Quick Links > BrokerageLink where you can open an account or review additional information, including the commission schedule for applicable fees and risks.
BrokerageLink includes investments beyond those in your plan's lineup. You should compare investments and share classes that are available in your plan's lineup with those available through BrokerageLink, and determine the available investment and share class that is appropriate for your situation. The plan fiduciary neither evaluates nor monitors the investments available through BrokerageLink. It is your responsibility to ensure that the investments you select are suitable for your situation, including your goals, time horizon, and risk tolerance.
Learn the plan basics - including eligibility - of each retirement savings plan offered by your employer.
You are eligible to enroll in the plan immediately. Once you have elected your contribution percentage on Wayne State University's Retirement@Work site, you can register your Fidelity account. To create your Fidelity account, select investment options and name beneficiaries, click here to get started or call 800-343-0860.
Your enrollment becomes effective once you indicate how much you'd like to contribute, also known as the deferral. You will generally begin to see your contributions deducted from your paycheck in the next pay period, or as soon as administratively possible.
Eligibility
Who is Eligible to make Contributions to the Plan? Any employee who is eligible for the 403(b) Plan is also eligible for the 457(b) Plan.
Eligible employees are those who are employed by WSU in an eligible employee classification who normally work 20 hrs per wk OR have at least 50% appointment OR union employees whose bargaining contract permits participation.
The following groups are not eligible to participate in the Plan: Student assistants, Graduate assistants, and members of Building Trades Union (Eclass SK).
For any one calendar year, Employee Contributions are limited to $22,500 (2023). Additional contributions can be made if you attain age 50 by the end of the calendar year, then the additional amount is $7,500 (2023). These limits are indexed each year by the Internal Revenue Service and are IN ADDITION to the similar limits under the 403(b) Plan.
Start Date for Employee Contribution |
Any time after date of hire |
Employee Contribution Amount |
1% minimum, in increments of 1%, to a maximum under IRS rules Fully vested at all times |
University Contribution |
None |
When you are "vested" in your savings, it effectively means the money is yours to keep. You are always 100% vested in all contributions you make to your plan, as well as any earnings on them.
Your beneficiary or beneficiaries will inherit your account in the event of your death. You should consider identifying a beneficiary when you enroll in your plan, and updating the information if you experience a life-changing event such as a marriage, divorce, birth of a child, or death in the family.
Fidelity's Online Beneficiaries Service, available through NetBenefits® offers a straightforward, convenient process that takes just minutes.
Go to 'Profile' in the navigation bar at the top of your NetBenefits® page and click on the 'Summary tab' and then 'Beneficiaries'.
You may withdraw from the Plan in the event of an unforeseeable emergency , which includes the following:
Unforseeable Emergency does not include purchase of a home nor the payment of college tuition.
Cash Withdrawal Information
Your Employee Contributions are made on a pre-tax basis. Thus, Federal and state income taxes are deferred until you withdraw your vested account balance as cash. Any investment return on your contributions are tax-deferred, and also subject to tax upon cash withdrawal, as shown on the chart below.
EVENTS THAT PERMIT CASH WITHDRAWALS
Early Withdrawal Penalty before Age 59-˝ |
Federal Tax Withholding |
|
Severance from employment with the University, at any age |
No |
Yes |
Unforeseen Emergency |
No |
Yes |
For more information, call the Fidelity Retirement Services Center at 1-800-343-0860.
Note: Any assets distributed from your governmental 457(b) plan will be taxed as ordinary income in the year withdrawn; if you are under age 59˝ at the time of the distribution, a 10% early withdrawal penalty may apply to any amounts which were rolled into the plan from an IRA or a plan other than another governmental 457(b) plan. If the distribution is eligible to be rolled over, but is not directly rolled over to an eligible plan or IRA, 20% mandatory withholding of federal income tax applies. Federal income tax will not be withheld if an eligible plan-to-plan transfer is made to another employer's 457(b) plan that accepts the transfer. Be sure you understand the federal and state tax consequences of any distribution before you initiate one. You may want to consult your tax adviser about your situation.
Forms of Payment
Once you terminate your employment from Wayne State University, you may elect any of the following distribution options:
If you have retirement savings in another employer's plan or in an IRA, consolidating accounts may help make it easier to manage your savings but there are several options. Be sure to consider all your available options and the applicable fees and features of each before moving your retirement assets.
If you're not sure about the best option for you, talk to a Fidelity representative today. They can explain each option in greater detail so you can make the best choice for your specific needs.
Online, on the phone, or in person, you have access to your account the way you want it. Log in online to NetBenefits® virtually 24/7 or call Fidelity at 1-800-343-0860 to speak with a representative or use the automated voice response system.
Fidelity financial professionals provide complimentary one-on-one consultations for participants in your plan. You can also contact Fidelity for a statement of your account by calling 1-800-343-0860 or visiting NetBenefits®.
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Before investing, consider the investment objectives, risks, charges and expenses of the fund or annuity and its investment options. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.
** The current yield of the money market mutual fund listed above reflects the current earnings of the fund, while the total return refers to a specific past holding period.
*** The yield without applicable waivers or reimbursements, whenever Fidelity is subsidizing all or a portion of the fund's expenses as of the current reporting period. Absent such waivers or reimbursements, the returns would have been lower. Waivers and/or reimbursements may be discontinued any time.
Investing involves risk, including risk of loss.
Footnotes 1, 2, 3 and 4 below pertain to the performance tables located on the Investment Options tab:
1 Stock markets are volatile and can fluctuate significantly in response to company, industry, political, regulatory, market, or economic developments. Investing in stock involves risks, including the loss of principal.
2 Total returns are historical and include change in share price and reinvestment of dividends and capital gains, if any. These figures do not include the effect of sales charges, if any, as these fees are waived for contributions made through your retirement plan. If sales charges were included, returns would have been lower. Life of fund figures are from the inception date to the period shown. For unitized funds, the inception date shown may be that of the fund's underlying investment option. For non-mutual fund pools and trusts whose strategies may be offered to multiple clients, and whose returns may be based on a composite, the inception date shown may be the beginning date of the composite's returns.
3In general, the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk, liquidity risk, call risk, and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so holding them until maturity to avoid losses caused by price volatility is not possible.
4Target Date Funds are an asset mix of stocks, bonds and other investments that automatically becomes more conservative as the fund approaches its target retirement date and beyond. Principal invested is not guaranteed.
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