If you choose to have your contributions directed to the Washington State Investment Board Investment Program, they will be invested in the WSIB’s Total Allocation Portfolio (TAP). A monthly valued fund, the TAP is a diversified portfolio of U.S. and international stocks, bonds, private equity and real estate investments.
Within the Self-Directed Program, you have the choice of two different approaches. To determine which one might be right for you, ask yourself these questions:
If the answer to any of these questions is “yes,” you may be interested in the Build and Monitor approach to investing. If the answer to any of these questions is “no,” you may be interested in the One-Step Investing approach.
If you choose from the seven investment funds as part of the Build and Monitor approach to investing, you will be responsible for monitoring your account balances and periodically rebalancing if necessary to maintain your investment objectives.
The One-Step Investing approach is designed for those who answered “no” to any of the questions above. If you find you don’t have the desire, comfort level and/or time to select your own mix of funds, monitor them and make changes, allocating your investments to a Retirement Strategy Fund may be right for you.
More information on both WSIB’s TAP program and the Self-Directed Investment Program is available in the Plan 3 Investment Guide.