OPERS Investments Defined Contribution Fund

The Retirement Fund is for members who have reached retirement and have begun taking distributions from their account. The Retirement Fund aims at minimizing your account's exposure to fluctuation of returns, including negative returns, especially over short time periods. Its asset allocation is the most conservative of all the Target Date Funds.

The 2025 Fund provides a diversified investment option appropriate for a member who is nearing retirement (retiring between 2023 and 2027) and is comfortable with fluctuations in their account value.

The 2030 Fund provides a diversified investment option appropriate for a member who has a longer investment period (retiring between 2028 and 2032) and is comfortable with fluctuations in their account value.

The 2035 Fund provides a diversified investment option appropriate for a member who has a longer investment period (retiring between 2033 and 2037) and is comfortable with fluctuations in their account value.

The 2040 Fund provides a diversified investment option appropriate for a member who has a longer investment period (retiring between 2038 and 2042) and is comfortable with fluctuations in their account value.

The 2045 Fund provides a diversified investment option appropriate for a member who has a longer investment period (retiring between 2043 and 2047) and is comfortable with fluctuations in their account value.

The 2050 Fund provides a diversified investment option appropriate for a member who has a longer investment period (retiring between 2048 and 2052) and is comfortable with fluctuations in their account value.

The 2055 Fund provides a diversified investment option appropriate for an investor who has a longer investment period (retiring between 2053 and 2057) and is comfortable with fluctuations in their account value.

The 2060 Fund provides a diversified investment option appropriate for an investor who has a longer investment period (retiring between 2058 and 2062) and is comfortable with fluctuations in their account value.

The 2065 Fund provides a diversified investment option appropriate for an investor who has a longer investment period (retiring between 2063 and 2067) and is comfortable with fluctuations in their account value.

The BlackRock US Debt Index Fund invests in bonds issued by governments and corporations with intermediate-term maturities.

This fund is managed with a passive investment strategy that seeks to match the performance of the Bloomberg Barclays US Aggregate Bond Index.

BlackRock Russell 1000 Index Fund invests in the common stock of the 1,000 largest companies in the U.S.

This fund is managed with a passive strategy that seeks to match the performance of the Russell 1000 Index.

BlackRock Russell 2000 Index Fund invests in the common stock of smaller companies in the U.S.

The fund is managed with a passive strategy that seeks to match the performance of the Russell 2000 Index.

The Stock Index Fund invests in the common stock of the 3,000 largest capitalized companies in the U.S.

This fund is managed with a passive investment strategy that seeks to match the performance of the Russell 3000 Index.

BlackRock MSCI ACWI ex-US Index Fund invests in the common stock of larger companies outside the U.S. Both non-U.S. developed and emerging market stocks are selected.

The fund is managed with a passive strategy that seeks to match the performance of the MSCI All Country World ex U.S. Index

The Invesco Stable Value Trust is a diversified fixed income product constructed with the goal of preservation of the member's initial investment, or principal, and interest earned.

The fund is managed with an active investment strategy and invests in a combination of short to intermediate-term, fixed income securities and investment contracts from banks and insurance companies. It is managed with an average term to maturity of between one to four years.

Members who seek safety of principal, as well as a competitive rate of return compared to money market funds, may invest in this option.

Invests primarily in a diversified portfolio of intermediate term, high-quality bonds leveraging a team of dedicated credit analysts to employ a value-driven security selection process, with an emphasis on risk management.

This fund is managed with an active investment strategy that seeks to beat the performance of the Bloomberg Barclays US Aggregate Bond Index with an annual management fee of 0.34%.

A fundamental strategy developed to outperform the S&P 500 Index in a variety of market environments, Fisher uses a top-down investment approach where they evaluate the macroeconomic investment environment first and invest in companies they believe are poised to perform well in that environment.

The fund is managed with an active strategy that seeks to beat the performance of the S&P 500 Index, with an annual management fee of 0.45%.

The T. Rowe Price Integrated US Small-Mid Cap Fund is a broadly diversified fund seeking long-term growth of capital primarily investing in small- and mid-cap U.S. companies. The integrated approach to investing combines fundamental analysis and quantitative models to help shape the for security selection, portfolio construction, and risk management process.

The fund is managed with an active strategy that seeks to beat the performance of the Russell 2500 Index with an annual management fee of 0.68%.

Lazard ACW ex-US Equity Advantage seeks to outperform the MSCI ACWI ex-US Index. The portfolio seeks consistency throughout market cycles and relies on a core, bottom-up stock selection approach while avoiding unwanted top-down or macro exposures to achieve this objective. The investment universe consists of approximately 6,000 developed and emerging-market stocks using an active, quantitatively based investment process that evaluates each company's growth potential, valuation, market sentiment and financial quality on a daily basis relative to global peers. Portfolio risks are managed independently by maintaining exposures that are similar to the benchmark including region, industry, country, capitalization and beta.

The fund is managed with an active strategy that seeks to beat the performance of the MSCI All Country World ex U.S. Index, with an annual management fee of 0.35%.