Skip main content and go to side navigation

The Sequoia Fund was terminated and removed from the Value Stock Option on 4/6/16. The fund was terminated due to consistent under performance to the fund benchmark.  The funds were moved into the Value Stock Option’s index fund – BlackRock Value Index until the board finds a suitable replacement fund.  The new Value Stock Option target allocation is as follows:

Manager  Previous Target Allocation  New Target Allocation effective 4/6/16  
Sequoia  10%  0%
T. Rowe Price Value  20%  20%
JP Morgan Equity Income  15%  15%
Goldman Sachs Mid Cap Value Instl.  15%  15%
BlackRock Value Index  40%  50%

Go back to main content | Go back to main navigation

Go back to main content | Go back to main navigation