Investment Account Summary
This brochure contains detailed information of the three investment funds: the Equity Fund, the Bond Fund, and the Money Market Fund. In this brochure you will find information about the investment firms that are retained to invest the assets, the investment styles of these firms, the past investment performance of the three funds, and the fees that are charged.
What is the Investment
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Why Would I Choose to
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How is the Value of this
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Who Manages this
Fund?
The fund is governed by the DTRFA Board of Trustees. The Trustees
are responsible for protecting the interests of the participants in the fund. The
Trustees meet monthly to oversee the fund activity, review contractual
arrangements with companies that provide services to the fund, and to review
the investment performance of the fund. Four investment companies have
been selected to manage the assets of the fund:
The Vanguard Group, Pennsylvania. Vanguard invests 40% of the Equity
Fund assets. They attempt to achieve an investment return that is the same
or slightly higher than that of the S&P 500.
Disciplined Growth Investors (DGI), Minneapolis. DGI invests 20% of
the assets of the Equity Fund. They invest in stocks of small growth
companies located in the USA.
Wellington Asset Management, Boston. Wellington invests 20% of the
assets of the Equity Fund. They invest in stocks of small and mid-size value
companies located in the USA.
The Vanguard Group, Pennsylvania. Vanguard also invests 20% of the
Equity Fund assets in stocks of companies located outside the USA.
are responsible for protecting the interests of the participants in the fund. The
Trustees meet monthly to oversee the fund activity, review contractual
arrangements with companies that provide services to the fund, and to review
the investment performance of the fund. Four investment companies have
been selected to manage the assets of the fund:
The Vanguard Group, Pennsylvania. Vanguard invests 40% of the Equity
Fund assets. They attempt to achieve an investment return that is the same
or slightly higher than that of the S&P 500.
Disciplined Growth Investors (DGI), Minneapolis. DGI invests 20% of
the assets of the Equity Fund. They invest in stocks of small growth
companies located in the USA.
Wellington Asset Management, Boston. Wellington invests 20% of the
assets of the Equity Fund. They invest in stocks of small and mid-size value
companies located in the USA.
The Vanguard Group, Pennsylvania. Vanguard also invests 20% of the
Equity Fund assets in stocks of companies located outside the USA.
What is the Performance
History of this Fund?
Historical returns of the TDA-Equity Fund, after all fees are subtracted,
and the S&P 500, a common benchmark, are shown below:
and the S&P 500, a common benchmark, are shown below:
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