Resources
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Best Practices for 401(k) Plan Investment Committees
by Rocco DiBruno, AIFA™ Thornburg Investment Management
What constitutes a prudent process? Who should be involved? How should the committee be governed? How much reliance should the committee place on outside "consultants"? All relevant questions will be answered in this timely text.
— from the Foreword by Done Trone, CEO of the Center for Fiduciary Studies
This book will help any financial advisor or plan sponsor understand both the overall importance as well as the practical details involved with establishing an investment committee in a retirement plan... [more]
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Understanding ERISA:
A Compact Guide to the
Landmark Act
by Ken Ziesenheim, CFP, JD, LL.M.
President, Thornburg Securities Corporation
The Enron debacle illustrates how critical ERISA is for protecting participants in employee benefit plans, and the trustees and fiduciaries who administer them. Now, this compact new guide clarifies the basic principles of ERISA - and the liabilities to which fiduciaries may be subjected - in simple, understandable terms. Perfect for establishing procedures within your practice, and for ensuring everyone in your organization is in compliance. With sample forms, policy statements, a glossary and more - complying with ERISA is easy. As Harold Evensky says, "EVERY advisor in your firm should have a copy." [more]
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How to Write an Investment Policy Statement
by Jack Gardner, National Sales Manager, Thornburg Investment Management
Foreword by Donald B. Trone, Foundation of Fiduciary Studies
ERISA and other guidelines have long required fiduciaries to implement a uniform process for drafting an Investment Policy Statement (IPS). But historically, enforcement was lax, leaving companies little motivation to develop a formal practice.
Now, times have changed. Corporate scandals coupled with volatility in the markets have generated an increase in complaints, lawsuits and even the possibility of government legislation requiring an official IPS. This compact guide will help financial advisors, plan sponsors, money managers and all professional fiduciaries protect themselves, stay in compliance—and stay one step ahead of the government mandate—by putting a simple IPS process in place. [more]
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Protect Your 401(k)
by Larry Chambers and Ken Ziesenheim
The Essential Book for Anyone Who Has a 401(k)and Wants to Keep It!
If you are like millions of American workers, your work-related 401(k) has grown to become a major component of your overall financial future, second only to your home. Yet while you wouldn't consider leaving your house uninsured, have you left your 401(k) to fend for itself against Enron-type corporate disasters and other unforeseen events that could destroy its valueand devastate your retirement security? [more]
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Important Information
Shares in the Funds carry risks including possible loss of principal. Funds invested in a limited number of holdings may expose an investor to greater volatility. There are special risks associated with international investing, including currency fluctuations, government regulation, political developments, and differences in liquidity. Additionally, the Equity Funds invest a portion of the assets in small capitalization companies which may increase the risk of greater price fluctuations. With regard to the International Value Fund, risks may be associated with the Fund’s investments in emerging markets including illiquidity and volatility.
As with direct bond ownership, Funds that invest in bonds are subject to certain risks including interest-rate risk, credit risk, and inflation risk. The principal value of bond funds will fluctuate relative to changes in interest rates, decreasing when interest rates rise. Investments with shorter average maturities are less exposed to interest rate risk than investments with longer average maturities. The U.S. Government Fund invests a portion of the assets in Mortgage Backed Securities which are subject to pre-payment risk. This may reduce the potential for capital appreciation and may cause greater volatility in the Fund. Unlike bonds, bond funds have ongoing fees and expenses.
Shares in the Fund are not deposits or obligations of, or guaranteed or endorsed by, any bank, the Federal Deposit Insurance Corporation, the Federal Reserve Board or any government agency.
There is no guarantee that the Fund will meet its investment objectives.
Carefully consider the Fund’s investment objectives, risks, sales charges, and expenses; these are found in the prospectus, which is available from your financial advisor or from our download library. Read it carefully before you invest or send money. |
