ICMA-RC’s Vantagepoint Funds
ICMA-RC’s Vantagepoint Funds take a highly disciplined multi-management approach, potentially offering your participants diminished risk over the long term. Use of this management approach, traditionally only available to institutional investors, reflects ICMA-RC efforts to bring the best practices in fund management to public sector participants. The Vantagepoint Family of Funds includes the following:
Actively Managed Funds
Actively Managed Vantagepoint Funds utilize the multi-management approach. Our team of investment analysts carefully selects and monitors nationally recognized investment managers, called subadvisers. The assets in the fund are managed not only by each of the subadvisers but also by ICMA-RC’s managers. The managers of Vantagepoint Investment Advisors carefully monitor the subadvisers and regularly adjust the assets between these subadvisers in order to ensure the style balance of all the fund sassets. By diversifying across styles, a multi-management approach is designed to continue historically competitive performance that has produced greater consistency than a single-manager approach.
Index Funds
Our Index Funds provide alternative investment options for participants who prefer funds that mirror some of the most popular investment benchmarks. Index investing continues to be a very cost effective way of investing for the long term.
One-step Investing Funds
With the Vantagepoint Milestone Funds and Model Portfolio Funds, your participants may select one fund to achieve what would normally require a portfolio of different investments.
Milestone Funds
The Milestone Funds offer an all-in-one investment strategy that changes the portfolio balance as the participant moves through the different stages of their lives. Each of the Milestone funds are professionally managed with a specific target retirement date in mind. The portfolio balance of the fund is achieved using changing allocations of underlying vantagepoint funds.
Model Portfolio Funds
Spanning time horizons and risk levels, the Vantagepoint Model Portfolio Funds provide pre-set portfolio balance and periodic rebalancing for the most conservative to the aggressive investor. These funds invest fixed allocations in various Vantagepoint funds.
Additional Mutual Funds Through ICMA-RC’s Open Architecture
ICMA-RC’s Open Architecture initiative offers you the opportunity to select from thousands of different funds from hundreds of different fund providers giving you acces to some of the most successful fund managers in the industry.
Standard Plan Lineup and the VantageTrust
Our mission, first and foremost, is to serve the retirement planning needs of the public sector. For many public sector employers with a limited number of employees in their plan, finding a cost-effective way to provide retirement savings plan solutions to their employees can be a challenge. ICMA-RC’s standard plan lineup was designed to be a cost-effective solution to this challenge. The funds in this plan are all administered through the VantageTrust and therefore the assets are comingled. The comingling of assets helps to bring economies of scale to smaller plans. And with the standard plan lineup you will not go it alone. The VantageTrust Board regularly reviews and adjusts the lineup to protect its integrity and viability as a retirement solution for your participants.
For detailed information about investments including a summary of all fees, expenses, charges, financial highlights and investment objectives, please consult Making Sounds Investment Decisions: A Retirement Investment Guide and the Vantagepoint Funds prospectus or other appropriate prospectus.