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Investment Options

Investment options are available to VEBA participants using the Schwab Retirement Technologies Platform.

When the Base Balance in your VEBA exceeds $1,000...

Using the excess amount above $1,000, you can open a VEBA Basic Investment Account. This account gives you access to a variety of mutual funds in various asset classes. These funds have been selected by Devenir Investment Advisors, LLC, a registered investment advisor, using the Schwab Retirement Technologies Platform. You decide whether and when to invest, select the funds in which you want to invest, and decide how much to invest.

The Base Balance in your VEBA, which is the amount that your employer allocates to your VEBA, must be maintained at a minimum of $1,000 in order to invest. Your Base Balance will earn interest at rate(s) established by SelectAccount.

Mutual Funds Available for a Basic Investment Account

Devenir Investment Advisors, LLC, a registered investment advisor, has selected the following mutual funds to represent the investment asset classes shown in the first column. This classification is Devenir's opinion and it may differ from the Investment Objectives of a particular fund as set forth in the fund's prospectus. Additional information about these mutual funds is available here.

 

Investment Asset Class	Available Mutual Fund Option	Call for Prospectus	Resource Links
Large Cap Value	Hotchkis & Wiley Large Cap Value	1-800-796-5606	Prospectus  Morningstar
Large Cap Income	American Funds Income Fund of America	1-800-421-0180	Prospectus  Morningstar
Large Cap Growth and Income	Calamos Growth and Income Fund	1-800-823-7386	Prospectus  Morningstar
Large Cap Growth	Marsico Growth	1-888-860-8686	Prospectus  Morningstar
Large Cap Growth	American Funds Growth Fund of America	1-800-421-0180	Prospectus  Morningstar
Mid Cap	Calamos Growth Fund	1-800-823-7386	Prospectus  Morningstar
Small Cap	Federated Kaufmann Small Cap	1-800-341-7400	Prospectus  Morningstar
International	Thornburg International Value	1-800-847-0200	Prospectus  Morningstar
Index Fund	Dreyfus S&P 500 Index	1-888-271-4994	Prospectus  Morningstar
Fixed Income	PIMCO Low Duration Fund	1-888-877-4626	Prospectus  Morningstar
Fixed Income	PIMCO Total Return Fund	1-888-877-4626	Prospectus  Morningstar
Lifestyle Funds	Goldman Sachs Growth Strategy	1-800-526-7384	Prospectus  Morningstar
Lifestyle Funds	Goldman Sachs Growth & Income Strategy	1-800-526-7384	Prospectus  Morningstar
Lifestyle Funds	Goldman Sachs Balanced Strategy	1-800-526-7384	Prospectus  Morningstar
Money Market	John Hancock Money Market	1-800-225-5291	Prospectus

 

Prospectuses containing more complete information, including most recent month-end performance, management fees, as well as charges and expenses, are available by calling the toll free telephone numbers listed above. Please read the prospectus carefully to consider the investment risks and objectives prior to investing. Past performance does not guarantee future results. Investing entails the risk of loss of principal.

Monthly Service Fee for the Basic Investment Account

When you activate the VEBA Basic Investment Account, a Monthly Investment Account Service Fee of $1.50 per month will be incurred regardless of your investment account balance. This fee may be paid by either you or your employer. Check with your employer or SelectAccount Customer Service to determine if this fee will be paid by you or your employer. If the fee is paid by you, the Monthly Service Fee will be deducted from your Basic Investment Account balance. If you close your investment account, the entire $1.50 Monthly Service Fee will be charged for the last month. Zero balance investment accounts will not be charged a monthly fee.