The American Century Intl. Growth Fund was terminated and removed from the International Stock Option on 5/29/15. The fund was terminated due to a recent manager change and performance that had consistently detracted from this investment option. The funds were moved into the International Stock Option’s index fund – BlackRock ACWI Ex US IMI Index until the board finds a suitable replacement fund. The new International Stock Option target allocation is as follows:
Manager | Previous Target Allocation | New Target Allocation effective 5/29/15 |
American Century Intl. Growth | 10% | 0% |
Templeton Instl. Foreign Equities | 12% | 12% |
Thornburg Intl. Value | 8% | 8% |
DFA Emerging Markets Value | 10% | 10% |
MFS Intl. Value | 12% | 12% |
Brandes Intl. Small Cap Equities | 6% | 6% |
BlackRock ACWI Ex-US IMI Index | 42% | 52% |