DAP TIERED STRUCTURED INVESTMENT MENU
The DAP investment menu is organized into four tiers:
Tier I – Asset Allocation Funds
Tier II – Index Funds
Tier III – Actively Managed Funds
Tier IV – Specialty Funds
Each Tier is described in the chart below with links to the underlying funds:
| Tier I – Asset Allocation Funds |
| For the investor who does not wish to be actively involved in the investment process. These funds offer a convenient, low-cost way to access a sophisticated diversification strategy, professional money management, and periodic rebalancing. Funds can be selected based upon either anticipated retirement date or risk preferences. |
| Vanguard Target Retirement Funds |
| DAP Target Risk Funds – Income Fund, Conservative Fund, Moderate Fund, Aggressive Fund |
| Tier II – Index Funds |
| For the investor who wants access to low-cost, passively managed index funds. These funds provide a way to access key areas of the investment market. |
| US Bond Index Fund |
| All-Cap Index Fund |
| International Stock Index Fund |
| Inflation-Protected Securities Fund |
| Tier III – Actively Managed Funds |
| For the investor who wants to access the key segments of the investment markets on an actively managed basis. These diversified, multi-manager investment funds aim to outperform their specific market benchmarks |
| Stable Value Fund |
| Fixed Income Fund |
| Diversified Inflation/Real Return Fund |
| Large Cap Core Stock Fund |
| Small/Mid Cap Core Stock Fund |
| International Stock Fund |
| Tier IV – Specialty Funds |
| For the experienced investor who wants to customize their investments. These funds allow the investor to gain access to a broader range of investment choices beyond the investments that are available in Tier I, II, or III. |
| 15 Specialty Funds |
| Self-Directed Brokerage Account |