Fund Choices
The investment objectives and the types of investments used for these Funds are as follows:
Fund A (Income) – is invested in fixed income investments (bonds and cash equivalents). Fund A is designed for those interested primarily in current income yield with a minimum of investment risk.
Fund B1 (Income with Growth) – is invested 15% in equity investments (stocks) and 85% in fixed income (bonds and cash equivalents) . Fund B1 is designed for those interested primarily in current income yield, with modest capital growth and low investment risk.
Fund B2 (Balanced) – is invested 40% in stocks and 60% in fixed income (bonds and cash equivalents). Fund B2 is designed for those primarily interested in maximizing total investment return, with a balance of current income yield and capital growth, and moderating investment risk.
Fund B3 (Growth with Income) – is invested 50% in stocks and 50% in fixed income (bonds and cash equivalents). Fund B3 is designed for those primarily interested in long-term capital growth with the emphasis on capital appreciation rather than current income.
Asset Allocation Targets for 2011
| Asset Class | Manager | A | B1 | B2 | B3 |
| Small Cap Growth | Eagle Asset Management | 0.0% | 2.5% | 5.0% | 7.5% |
| Small-Mid Cap Value | Gabelli Asset Management | 0.0% | 2.5% | 5.0% | 7.5% |
| Foreign Equity | Tradewinds | 0.0% | 5.0% | 10.0% | 10.0% |
| Large Cap Growth | Calvert Social Investment Equity I | 0.0% | 2.5% | 10.0% | 12.5% |
| Large Cap Value | Timothy Plan | 0.0% | 2.5% | 10.0% | 12.5% |
| Sum of Equities | 0.0% | 15.0% | 40.0% | 50.0% | |
| Fixed Income | PIMCO Total Return III | 40.0% | 35.0% | 24.0% | 20.0% |
| Vanguard GNMA Adm | 20.0% | 15.0% | 11.0% | 10.0% | |
| Wespath | 40.0% | 35.0% | 24.0% | 20.0% | |
| Cash and Equiv. | 0.0% | 0.0% | 1.0% | 0.0% | |
| Sum of Fixed | 100.0% | 85.0% | 60.0% | 50.0% |