10/16/2009
| Symbol |
PWLHX |
|
|
| NAV ($) |
$8.71 |
Daily NAV change ($) |
$0.00 |
The Payden/Wilshire Longevity Fund 2020+ is structured as a fund-of-funds. It is constructed using a series of underlying securities that invest in large-, mid-, and smallcap domestic stocks, international stocks, bonds, other fixedincome securities and real estate. The percentage of stocks will gradually decrease over time as you approach and then move into retirement. The investment objective during your
working years is to provide an amount of growth appropriate for someone 10 to 15 years from retirement, and then tapering off as retirement nears. Leading up to and during retirement, the fund holds an increasing amount of inflation protection securities to help minimize volatility and preserve spending power.
The 2020+ Fund is designed to be a solution in which you should consider investing most or all of your retirement savings.
- Select this fund if you expect to retire in or around 2020.
- The 2020+ Fund is a target maturity fund designed to be a solution in which you should consider investing most or all of your retirement savings.
- The fund's ratio of stocks to bonds seeks to create the appropriate asset allocation for the balance of the investor's working years and throughout retirement.
- These funds are monitored and rebalanced quarterly by
Wilshire Funds Management, an objective third-party consultant with considerable experience in building long-term
retirement portfolios.
| Inception Date: |
Jun 29, 2007
|
| CUSIP: |
704329416
|
| Total Net Assets: |
$2.00 million
|
| Benchmark: |
A combination of 60% Wilshire 5000 and 40% Barclays Capital US Aggregate Bond Index
|
|
|
| Expense Ratio*: |
1.40%
|
| 12b-1 fee: |
0.25%
|
| Sales charge: |
None
|
| Redemption fee: |
None
|
| Investment Minimum: |
$5,000 initial
$2,000 IRA
$250 additional
|
|