- FRS Retirement Fund (2000)
- FRS Retirement Fund (2015)
- FRS Retirement Fund (2020)
- FRS Retirement Fund (2025)
- FRS Retirement Fund (2030)
- FRS Retirement Fund (2035)
- FRS Retirement Fund (2040)
- FRS Retirement Fund (2045)
- FRS Retirement Fund (2050)
- FRS Retirement Fund (2055)
- FRS Retirement Fund (2060)
- Retirement Date Funds Brochure
- Choose a Retirement Date Fund Tool
- Default Investment Fund Notice
These funds invest in a diversified portfolio of other FRS Investment Plan funds and use an asset allocation concept called "target date funds." The mix of funds in each Retirement Date Fund is based on the amount of time you have before retirement, and the mix gradually changes as your retirement gets nearer. This gradual change follows a careful investment strategy called a "glide path."
See the following for more Retirement Date Fund information:
- FRS Money Market Fund (60)
These funds invest in short-term securities (financial instruments or obligations) that are high quality and can be sold quickly with little loss of value. Because of these investments, the funds have limited risk of declining in value. However, over the long term, money market investment returns have been modest and may not keep pace with inflation. Money market funds are not FDIC insured or guaranteed.
- FRS Inflation Adjusted Multi-Assets Fund (300)
These funds invest in a diversified array of assets that may help offset inflationary pressures. These assets include but are not limited to U.S. Treasury inflation-linked securities, commodities, real estate investment trusts, gold and other securities. The funds seek long term real (net of inflation) returns to preserve the future purchasing power of accumulated assets. You could lose money over short or long periods by investing in this fund and returns may not keep pace with inflation.
- FRS U.S. Bond Enhanced Index Fund (80)
- FRS Intermediate Bond Fund (90)
- FRS Core Plus Bond Fund (310)
Bond Funds invest primarily in fixed income securities which are similar to IOUs. The short-term risk of bond funds is relatively low. However, over time, the value of a bond is affected by interest rates, inflation and other factors.
- FRS U.S. Stock Market Index Fund (120)
- FRS Large Cap Stock Fund (320)
- FRS Small/Mid Cap Stock Fund (330)
U.S. Stock Funds invest primarily in stocks issued by U.S. companies. The short-term risk of investing in stocks has been much higher than bonds. However, over long periods of time, stocks have generally performed better than bonds.
- FRS Foreign Stock Index Fund (200)
- FRS Global Stock Fund (210)
- FRS Foreign Stock Fund (220)
Foreign and Global Stock Funds invest primarily in stocks issued by foreign companies. Compared to U.S. stocks, foreign and global stocks are affected by additional risk factors such as foreign laws and regulations, differences in accounting practices, political and currency risks. Over the long-term, foreign and global stocks have provided additional diversification benefits.
- SDBA Brochure
- SDBA Enrollment Form
- SDBA Access Guide
- SDBA Fees and Commissions Schedule
- List of No Transaction Fee Funds
- List of Available Fund Families
- Federated Government Obligations Fund Prospectus
- Financial Planners Not Endorsed by FRS
The Self-Directed Brokerage Account (SDBA) allows you to invest in thousands of different investment options in addition to the Investment Plan's primary investment funds. To participate in the SDBA you must maintain a minimum balance of $5,000 in the Investment Plan's primary investment funds and initial and subsequent transfers into the SDBA must be at least $1,000. An SDBA is for experienced investors and is not suitable for all members. There are risks associated with many of the investments in the SDBA and you assume the full risk and responsibility for the investments you select.