Tuesday, April 29, 2008

EXPANDED LIST of Investment Vehicles

Same list as before but with more details - direct from the Benefits web pages:

· Vanguard® Institutional Index Fund — a fund that employs a passive management strategy designed to track the performance of the Standard and Poor's 500 Index (S&P 500 Index), which is composed primarily of equity securities of large U.S. companies.

  • GE S&S Program Mutual Fund — a fund that invests primarily in equity securities of U.S. companies.
  • GE Institutional International Equity Fund — a fund that invests primarily in equity securities of companies in countries other than the U.S.
  • GE Institutional Small-Cap Value Equity Fund — a fund that invests primarily in equity securities of small-cap U.S. companies (those with market capitalizations in the same range as the companies in the Russell 2000 Index).
  • GE Institutional Strategic Investment Fund — a fund that invests primarily in a combination of equity securities (U.S. and foreign) and investment grade debt securities.
  • GE Common Stock.
  • GE S&S Income Fund — a fund that invests primarily in a variety of investment grade debt securities with a weighted average maturity that is normally about five to ten years.
  • GE Short-Term Interest Fund — a fund that invests primarily in a variety of investment grade debt securities with a weighted average maturity that is normally not more than three years.
  • GE S&S Money Market Fund — a fund that invests primarily in short-term, U.S. dollar denominated money market instruments and other debt instruments that mature in one year or less.
  • United States Savings Bonds (after-tax savings only)* — Series “EE” Savings Bonds issued by the U.S. Treasury, which mature in 30 years.

*If you choose this investment option, bonds will be purchased each month if enough money ($50) is in your savings to buy at least one $100 bond. Any leftover money from one month is held in short-term money market instruments until there is enough to purchase bonds in a later month. U.S. Savings Bonds purchased with your after-tax contributions are automatically delivered to you after two full calendar years from the date of purchase.


1 comment:

  1. Since Fidelity has taken control... GE common stock is no longer an option. A new fund under the S&SP program was created on 11/30/2009 called the GE STOCK FUND with a current NAV of $11.00 while GE stock is trading at $18. What does this mean and why such a $$$ discrepancy?

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