Fund Facts  

Inception Date: Oct 1, 2000
CUSIP: 92210J804
Morningstar Category:World Large Stock

Documents for Fund or Underlying Fund(s)  

Description

Objective  

High long-term capital growth.

Principal Investment Strategies  

The Fund invests substantially all of its assets in a single underlying VT III Vantagepoint Fund. The underlying fund invests, under normal circumstances, 100% of its net assets in equity funds by investing in a combination of other VT III Vantagepoint Funds and one or more third party exchange-traded funds (“ETFs”) whose assets are invested, under normal circumstances, at least 80% in equity securities (common and preferred stock) or instruments that provide equity exposure. The underlying fund expects to have significant exposure to non-U.S. securities.

Equity Funds
Fund
VT III Vantagepoint Equity Income Fund
VT III Vantagepoint Growth & Income Fund
VT III Vantagepoint Growth Fund
VT III Vantagepoint Select Value Fund
VT III Vantagepoint Aggressive Opportunities Fund
VT III Vantagepoint Discovery Fund
VT III Vantagepoint International Fund
VT III Vantagepoint Overseas Equity Index Fund
VT III Vantagepoint Emerging Markets Fund
Third Party Emerging Markets ETF


 

Target Risk Funds: The VT Vantagepoint Model Portfolio Funds are target risk funds. Each invests substantially all of its assets in a single VT III Vantagepoint Model Portfolio Fund (“Model Portfolio Fund”) that shares its name and investment objective. In turn, each underlying Model Portfolio Fund is a “fund of funds” that invests substantially all of its assets in other VT III Vantagepoint Funds and one or more third party ETFs. By investing in this way, each Model Portfolio Fund is exposed to the risks as well as the potential rewards of its underlying funds and of the portfolio holdings and strategies of those funds.

The targeted allocation of each underlying Model Portfolio Fund’s assets among underlying funds and the asset classes they represent is determined by ICMA-RC, the investment adviser to The VT III Vantagepoint Funds.

Principal Investment Risks  

There is no guarantee that the Fund will achieve its investment objective. You may lose money by investing in the Fund. The Fund’s principal investment risks include Asset Allocation Risk, Fund of Funds Risk, ETF Risks, Stock Market Risk, Foreign Securities Risk, Emerging Markets Securities Risk, Small-Cap Securities Risk, Mid-Cap Securities Risk, Preferred Stock Risk, Equity Income/Interest Rate Risk, Indexing Risk, Large Investor Risk.
Please see the Risk Glossary for additional information about the Fund’s risks.

 

Performance & Expenses

Standard Performance As of Jun 30, 2017
Fund/Benchmark Name QtrYTD1-Yr3-Yr5-Yr10-YrSince Inception
VT Vantagepoint MP Glbl Eq Gr   4.88%12.53%18.58%4.65%11.27%4.94%N/A
MSCI ACWI Index (Net)a,b4.27%11.48%18.78%4.82%10.54%3.71%N/A
Custom Benchmarkc4.32%11.40%19.45%6.78%12.56%6.03%N/A
Morningstar World Large Stocka,d5.10%12.88%18.02%4.53%10.57%3.77%N/A

Fund past performance, as shown, is no guarantee of how the Fund will perform in the future. The performance shown has been annualized for periods greater than one year. Investment returns and principal value will fluctuate, so that an investor's shares, when redeemed, may be worth more or less than their original cost. For current performance, visit www.icmarc.org.

Fund performance is shown comparing it to a "benchmark" which may be a (i) broad-based securities market index (ii) a group of mutual funds with similar investment objectives, or (iii) a short term government backed debt obligation such as a U.S. Treasury Bill. An index is not available for direct investment, is unmanaged, and does not reflect the costs of portfolio management or trading. A fund's portfolio may differ from the securities held in an index.

Total Expenses
Total Expensese0.90%

 

a. Certain information including, but not limited to, benchmark performance or other performance and/or fee information, is provided by Morningstar, Inc., © 2017 All rights reserved. This information: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar and/or its content providers are responsible for any damages or losses arising from any use of information. Morningstar is a registered trademark of Morningstar, Inc.

b. The MSCI All Country World Index (Net) is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of large and mid cap segments of developed and emerging markets. The net version of this index reinvests dividends after the deduction of withholding taxes, using a tax rate applicable to non-resident institutional investors who do not benefit from double taxation treaties.

c. The custom benchmark is comprised of the S&P 500 Index, Russell 2000® Index, and MSCI ACWI ex USA Index (Net) in weighted percentages that correspond to the historical target allocations for the asset classes these indexes represent.

d. The Fund’s Morningstar Category Average is a group of funds with similar investment objectives and strategies and is the equal–weighted return of all funds per category. Morningstar places funds in certain categories based on a fund’s historical portfolio holdings.

e. VantageTrust Funds invest either in collective investment funds or underlying registered funds. Please refer to the underlying fund's disclosure documents for additional information on fund fees and expenses.

Morningstar Information

Morningstar RatingTM   As of Jun 30, 2017
Period Stars Category Size
Overall 4 Stars714
3-Year 3 Stars714
5-Year 3 Stars590
10-Year 4 Stars329

The Morningstar Rating™ for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange–traded funds, closed–end funds, and separate accounts) with at least a three–year history. Exchange–traded funds and open–ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk–Adjusted Return measure that accounts for variation in a managed product′s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three–, five–, and 10–year (if applicable) Morningstar Rating metrics. The weights are: 100% three–year rating for 36–59 months of total returns, 60% five–year rating⁄40% three–year rating for 60–119 months of total returns, and 50% 10–year rating⁄30% five–year rating⁄20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

Morningstar Stylebox As of Jun 30, 2017
Equity Stylebox Fixed Income Stylebox
Large BlendMedium Limited
Allocation of Assets As of May 31, 2017
Type of Asset Percent
Equity98%
Fixed Income6%
Cash/Other-4%

Due to rounding, percentages shown may not add up to 100%.

 
 

Statistics

Portfolio Statistics As of Jun 30, 2017
Statistic3-Year5-Year
Beta0.960.96
Alpha-0.011.17
Standard Deviation10.659.98
 
 

Underlying Fund Characteristics

Allocation of Assets As of May 31, 2017
Asset ClassPercent
Domestic Stock50.9%
Foreign Stock46.9%
Domestic Bond5.4%
Foreign Bond1.1%
Preferred0.0%
Convertible0.0%
Cash-4.7%
Other0.4%

Due to rounding, percentages shown may not add up to 100%.

 
Fixed Income Sector As of May 31, 2017
SectorPercent
Corporate3.8%
Government1.8%
Securitized0.9%
Derivative0.0%
Cash & Equivalents-4.7%

Exposure reflects fixed income securities only and will sum to the fixed income exposure of the fund.

 
Credit Quality As of May 31, 2017
Quality LevelPercent
AAA35.1%
AA7.4%
A21.2%
BBB32.8%
BB2.6%
B0.9%
Below B0.0%
Not Rated0.0%

Due to rounding, percentages shown may not add up to 100%. Exposure reflects fixed income securities only.

 
Top Ten Holdings As of Jun 30, 2017
Holding NamePercent
VT III VANTAGEPOINT INTERNATIONAL FUND29.1%
VT III VANTAGEPOINT OVERSEAS EQUITY INDEX FUND15.0%
VT III VANTAGEPOINT GROWTH FUND13.4%
VT III VANTAGEPOINT GROWTH & INCOME FUND12.0%
VT III VANTAGEPOINT EQUITY INCOME FUND9.5%
VT III VANTAGEPOINT SELECT VALUE FUND7.8%
VT III VANTAGEPOINT AGGRESSIVE OPPORTUNITIES FUND7.8%
VT III VANTAGEPOINT DISCOVERY FUND3.5%
VANGUARD FTSE EMERGING MARKETS ETF1.7%
VT III VANTAGEPOINT EMERGING MARKETS FUND0.2%
All Holdings As of Jun 30, 2017
Exchange-Traded Funds
Holding NameMarket Value
VANGUARD FTSE EMERGING MARKETS ETF$14,788,626
 
Collective Trusts/Mutual Funds
Holding NameMarket Value
VT III VANTAGEPOINT INTERNATIONAL FUND$252,140,839
VT III VANTAGEPOINT OVERSEAS EQUITY INDEX FUND$130,390,143
VT III VANTAGEPOINT GROWTH FUND$116,398,255
VT III VANTAGEPOINT GROWTH & INCOME FUND$103,980,056
VT III VANTAGEPOINT EQUITY INCOME FUND$82,648,755
VT III VANTAGEPOINT SELECT VALUE FUND$67,601,552
VT III VANTAGEPOINT AGGRESSIVE OPPORTUNITIES FUND$67,338,216
VT III VANTAGEPOINT DISCOVERY FUND$30,473,052
VT III VANTAGEPOINT EMERGING MARKETS FUND$1,823,582
 
Short-Term/Cash
Holding NameMarket Value
FIDELITY INSTITUTIONAL MONEY MARKET$175,259
BLACKROCK TEMP FUND$84,241
 
Other
Holding NameMarket Value
USD$-91,018
All Holdings As of May 31, 2017
Exchange-Traded Funds
Holding NameMarket Value
VANGUARD FTSE EMERGING MARKETS ETF$16,405,998
 
Collective Trusts/Mutual Funds
Holding NameMarket Value
VT III VANTAGEPOINT INTERNATIONAL FUND$255,267,546
VT III VANTAGEPOINT OVERSEAS EQUITY INDEX FUND$131,838,293
VT III VANTAGEPOINT GROWTH FUND$118,971,062
VT III VANTAGEPOINT GROWTH & INCOME FUND$104,029,585
VT III VANTAGEPOINT EQUITY INCOME FUND$81,167,775
VT III VANTAGEPOINT AGGRESSIVE OPPORTUNITIES FUND$67,058,289
VT III VANTAGEPOINT SELECT VALUE FUND$66,276,852
VT III VANTAGEPOINT DISCOVERY FUND$29,573,353
 
Short-Term/Cash
Holding NameMarket Value
FIDELITY INSTITUTIONAL MONEY MARKET$137,002
BLACKROCK TEMP FUND$137,002
 
Other
Holding NameMarket Value
USD$-55,693
All Holdings As of Apr 30, 2017
Exchange-Traded Funds
Holding NameMarket Value
VANGUARD FTSE EMERGING MARKETS ETF$16,472,839
 
Collective Trusts/Mutual Funds
Holding NameMarket Value
VT III VANTAGEPOINT INTERNATIONAL FUND$249,891,737
VT III VANTAGEPOINT OVERSEAS EQUITY INDEX FUND$129,231,185
VT III VANTAGEPOINT GROWTH FUND$115,968,286
VT III VANTAGEPOINT GROWTH & INCOME FUND$102,150,071
VT III VANTAGEPOINT EQUITY INCOME FUND$80,200,643
VT III VANTAGEPOINT AGGRESSIVE OPPORTUNITIES FUND$66,027,487
VT III VANTAGEPOINT SELECT VALUE FUND$65,418,611
VT III VANTAGEPOINT DISCOVERY FUND$29,740,803
 
Short-Term/Cash
Holding NameMarket Value
FIDELITY INSTITUTIONAL MONEY MARKET$83,613
BLACKROCK TEMP FUND$83,604
All Holdings As of Mar 31, 2017
Exchange-Traded Funds
Holding NameMarket Value
VANGUARD FTSE EMERGING MARKETS ETF$16,219,662
 
Collective Trusts/Mutual Funds
Holding NameMarket Value
VT III VANTAGEPOINT INTERNATIONAL FUND$246,075,014
VT III VANTAGEPOINT OVERSEAS EQUITY INDEX FUND$127,369,697
VT III VANTAGEPOINT GROWTH FUND$113,724,755
VT III VANTAGEPOINT GROWTH & INCOME FUND$100,623,961
VT III VANTAGEPOINT EQUITY INCOME FUND$79,614,190
VT III VANTAGEPOINT AGGRESSIVE OPPORTUNITIES FUND$65,177,558
VT III VANTAGEPOINT SELECT VALUE FUND$64,763,824
VT III VANTAGEPOINT DISCOVERY FUND$29,316,257
 
Short-Term/Cash
Holding NameMarket Value
BLACKROCK TEMP FUND$97,487
FIDELITY INSTITUTIONAL MONEY MARKET$97,487

Footnotes

1.

Please read Making Sound Investment Decisions: A Retirement Investment Guide and the accompanying VantageTrust Fund Fees and Expenses document ("Guide") carefully for a complete summary of all fees, expenses, investment objectives and strategies, and risks before investing. For a current Guide, contact ICMA-RC by calling 800-669-7400 or log into your account at www.icmarc.org.

2.

Before investing in the Fund you should carefully consider your investment goals, tolerance for risk, investment time horizon, and personal circumstances. There is no guarantee that the Fund will meet its investment objective and you can lose money.

The source for this information is Morningstar, Inc. Copyright © 2017 Morningstar, Inc.® All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Morningstar, Inc. is a global investment research firm that is not affiliated with ICMA-RC. ICMA-RC does not independently verify Morningstar data.

Morningstar places funds in certain categories based on the fund's historical portfolio holdings. Placement of a fund in a particular Morningstar category does not mean that the fund will remain in that category or that it will invest primarily in securities consistent with its Morningstar category. A fund's investment strategy and portfolio holdings are governed by its prospectus, guidelines or other governing documents, not its Morningstar category.