Monroe County: Deferred Compensation Plan

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    Investments

    Investment Options

    The table below lists the funds available for investment through Monroe County Deferred Compensation Plan administered by ICMA-RC.

    Clicking on a fund name will open a profile which describes the investment, including performance, objectives, statistics, and other fund information. The funds are listed from conservative to aggressive order in the lineup.

    Fund NameFund
    Code
    Ticker
    Symbol
    Investment
    Category
    Inception
    Date
    Stable Value/Cash Management
    VT PLUS FundA, B, C, D, E 7071 N/A N/A 04/01/1991
    Bond
    Dodge & Cox Income FundE, F, G, II 4581 DODIX Intermediate-Term Bond 01/03/1989
    Templeton Global Fund Bond AF, H, II, III 5376 TPINX World Bond 09/18/1986
    Balanced/Asset Allocation
    American Funds 2015 Target Date Retirement Fund®F, H, I, II 2762 RHBTX N/A 02/01/2007
    American Funds 2020 Target Date Retirement Fund®F, H, I, II 2763 RHCTX N/A 02/01/2007
    American Funds 2025 Target Date Retirement Fund®F, H, I, II 2764 RHDTX N/A 02/01/2007
    American Funds 2030 Target Date Retirement Fund®F, H, I, II 2765 RHETX N/A 02/01/2007
    American Funds 2035 Target Date Retirement Fund®F, H, I, II 2766 RHFTX N/A 02/01/2007
    American Funds 2040 Target Date Retirement Fund®F, H, I, II 2767 RHGTX N/A 02/01/2007
    American Funds 2045 Target Date Retirement Fund®F, H, I, II 2768 RHHTX N/A 02/01/2007
    American Funds 2050 Target Date Retirement Fund®F, H, I, II 2769 RHITX N/A 02/01/2007
    American Funds 2055 Target Date Retirement Fund®F, H, I, II 2782 RHJTX N/A 02/01/2010
    American Funds 2060 Target Date Retirement Fund®F, H, I, II 2783 RHKTX N/A 03/27/2015
    VT Puritan® FundB, D, E, J 7724 N/A N/A 04/05/1999
    U.S. Stock
    MFS Value FundF, H, II, K 5088 MEIJX Large Value 04/01/2005
    Vanguard 500 Index Fund AdmiralF, H, II 5404 VFIAX Large Blend 11/13/2000
    Fidelity Large Cap Stock FundF, H, II 4770 FLCSX Large Blend 06/22/1995
    VT Contrafund®B, D,E, J, K 7733 N/A N/A 04/05/1999
    Nationwide Mid Cap Market IndexF, H, II, III, L 1434 GMXIX Mid-Cap Blend 12/29/1999
    John Hancock Disciplined Value Mid Cap Fund IF, H, II, III, K, L 4976 JVMIX Mid-Cap Value 06/03/1997
    Eaton Vance Atlanta Capital SMID-Cap FundF, H, II, K, L 4626 ERASX Mid-Cap Blend 07/01/2014
    Northern Small Cap Value FundF, H, II, III, K, M 1436 NOSGX Small Value 03/31/1994
    Vanguard Small-Cap Index Fund AdmiralF, H, II, M 5449 VSMAX Small Blend 11/13/2000
    T Rowe Price® QM US Small Cap Growth Equity FundF, H, II, K, M, N 5369 PRDSX Small Growth 06/30/1997
    International/Global Stock
    American Funds New PerspectiveE, G, H, II 4391 RNPGX World Large Stock 06/27/2002
    Oakmark International Fund InstitutionalF, H, II, III, O 1485 OANIX Foreign Large Blend 11/30/2016
    Virtus Vontobel Emerging Markets Opportunities Fund IF, H, II, O 5544 HIEMX Diversified Emerging Mkts 10/20/1997

    General Disclosures

    Investment options listed were available at the time this information was generated and can change overtime. Investment option performance is available the 5th business day after month end and benchmark/peer group performance is available on the 10th business day after quarter end. Information prior to those time periods may be incomplete.

    Please refer to http://www.icmarc.org/for-individuals/education/glossary for a glossary of investment and fee related terms.

    Dennis Morihara is an employee of M&T Securities, Inc. engaged by ICMA-RC on behalf of the Monroe County Deferred Compensation Plan.


    Investment Option Disclosures
    A. ICMA-RC and your employer may negotiate a different fund management or service fee for your Plan that would lower the total expense ratio. The performance and total expense ratio shown do not reflect any such alternative fee arrangements.
    B. 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.
    C. Performance information for this class prior to its inception date is the performance of the Fund adjusted to reflect the estimated fees and expenses of this class.
    D. The Fund is an investment option of VantageTrust, a group trust established and maintained by VantageTrust Company, LLC, a wholly owned subsidiary of ICMA-RC. VantageTrust provides for the commingling of assets of certain trusts and plans as described in its Declaration of Trust, and is only available for investment by such eligible trusts and plans. The Fund is not a mutual fund. Its units are not deposits of VantageTrust Company and are not insured by the Federal Deposit Insurance Corporation or any other agency. The Fund is a security that has not been registered under the Securities Act of 1933 and is exempt from investment company registration under the Investment Company Act of 1940. For additional information regarding the Fund, including a description of the principal risks, please consult the VantageTrust Funds Disclosure Memorandum, which is available when plan administration clients log in at www.icmarc.org, at www.vantagepointfunds.org for institutions, or upon request by calling 800-669-7400.
    E. When Funds are marketed to institutional clients by our Defined Contribution Investment Only (DCIO) team, the Funds are offered by ICMA-RC Services, LLC (RC Services), an SEC registered broker-dealer and FINRA member firm. RC Services is a wholly-owned subsidiary of ICMA-RC and is an affiliate of VantageTrust Company, LLC and Vantagepoint Investment Advisers, LLC.
    F. Certain information including, but not limited to, benchmark performance or other performance and/or fee information, is provided by Morningstar, Inc., © 2019 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 nor its content providers are responsible for any damages or losses arising from any use of information. Morningstar is a registered trademark of Morningstar, Inc.
    G. A fixed income fund is subject to credit risk and interest rate risk. Credit risk is when an issuer of a fixed income security may be unable or unwilling to make payments of principal or interest to the holders of these securities or may declare bankruptcy. Fixed income securities fluctuate in value as interest rates change. When interest rates rise, the market prices of fixed income securities will usually decrease; when interest rates fall, the market prices of fixed income securities usually will increase.
    H. Please read the fund's prospectus or disclosure materials carefully for a complete summary of all fees, expenses, investment objectives and strategies, risks, financial highlights, and performance information. Investing involves risk, including possible loss of the amount invested. Investors should carefully consider the information contained in the prospectus or disclosure materials before investing. To request a prospectus or disclosure materials, you may contact us by calling 800-669-7400, or log in at www.icmarc.org.
    I. The Fund is not a complete solution for all of your retirement savings needs. An investment in the Fund includes the risk of loss, including near, at or after the target date of the Fund. There is no guarantee that the Fund will provide adequate income at and through an investor's retirement.
    J. PURITAN and CONTRAFUND are registered service marks of FMR LLC. Used with permission.
    K. Certain funds may be subject to style risk, which is the possibility that the investment style of its investment adviser will trail the returns of the overall market. In the past, different types of securities have experienced cycles of outperformance and underperformance in comparison to the market in general. For example, growth stocks have performed best during the later stages of economic expansion and value stocks have performed best during periods of economic recovery. Both styles may go in and out of favor. When the investing style used by a fund is out of favor, that fund is likely to underperform other funds that use investing styles that are in favor.
    L. Funds that invest primarily in mid-capitalization companies involve greater risk than is customarily associated with investments in larger, more established companies. Equity securities of mid-capitalization companies generally trade in lower volume and are generally subject to greater and less predictable price changes than the securities of larger companies.
    M. Funds that invest primarily in small-capitalization companies involve greater risk than is customarily associated with investments in larger, more established companies. Equity securities of small-capitalization companies are generally subject to greater price volatility than those of larger companies due to less certain growth prospects, the lower degree of liquidity in the markets for their securities, and the greater sensitivity of smaller companies to changing economic conditions. Also, small-capitalization companies may have more limited product lines, fewer capital resources and less experienced management than larger companies.
    N. T. Rowe Price® is a registered trademark of T. Rowe Price Group, Inc. - all rights reserved.
    O. Funds that invest in foreign securities are exposed to the risk of loss due to political, economic, legal, regulatory, and operational uncertainties; differing accounting and financial reporting standards; limited availability of information; currency fluctuations; and higher transaction costs. Investments in foreign currencies or securities denominated in foreign currencies (including derivative instruments that provide exposure to foreign currencies) may experience gains or losses solely based on changes in the exchange rate between foreign currencies and the U.S. dollar. The risk of investing in foreign securities may be greater with respect to securities of companies located in emerging market countries. The value of developing or emerging market currencies may fluctuate more than the currencies of companies with more mature markets.
    Expense Disclosures
    II. Certain information including, but not limited to, benchmark performance or other performance and/or fee information, is provided by Morningstar, Inc., © 2019 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 nor its content providers are responsible for any damages or losses arising from any use of information. Morningstar is a registered trademark of Morningstar, Inc.
    III. Differences between the net and gross expense ratios of a fund are typically due to fee waivers, expense reimbursements, and/or expense limits.

    Investments Are Part of the Fun - And We Can Help

    Great news! The Monroe County Deferred Compensation Plan can help with investment guidance and advice. Our new Guided Pathways® offering gives you three options:

    • Asset Class Guidance: Helps you develop a retirement savings plan and determine asset-class allocation (FREE).
    • Fund Advice: Asset class guidance, plus help selecting appropriate funds (FREE).
    • Managed Accounts: Asset class guidance and fund advice, plus have your account professionally managed on an ongoing basis (Asset-Level Fee).

    Learn more about Guided Pathways®

    Sign up online: Log into your account, click Investments, and select Guided Pathways.
    * Underlying mutual fund expenses and plan administration fees still apply.

     

    More Choices for You to Enjoy

    Brokerage Window Option
    In addition to carefully selecting and routinely evaluating the funds offered to you through the plan, Monroe County recently introduced a brokerage window for the Monroe County Deferred Compensation Plan.

    This option allows you to choose investments outside the plan's core lineup, including individual stocks, exchange-traded funds (ETFs), and more!

    To review your investment options or sign up for brokerage, log into your account and click Investments.

    Common Misconceptions: "I should be able to receive high returns when I invest in low-risk funds." FALSE! Higher returns and higher risk tend to go hand-in-hand - and vice versa. There's no guarantee that any fund will bring you high returns. However, historical data shows us that it's the more aggressive, higher-risk funds that tend to yield higher returns, while the more conservative, lower-risk funds tend to yield lower returns.

    • This graphic provides a visual illustration of the historical risk and reward of different portfolios of stocks and bonds.
    • Here's a video that explains this concept more fully.

    Contact Your Representatives

    Dennis Morihara
    Dennis Morihara
    Retirement Plans Specialist
    (585) 258-8290
    Email
    Jason Atwater
    Jason Atwater, CFP®
    CERTIFIED FINANCIAL PLANNER™ Professional
    (844) 337-5575
    Email