Human Resources
Retirement Investors' Club (RIC)
Mutual Funds
| Provider Comparison Fund Fees Comparison |
A mutual fund is a pool of stocks, bonds, cash, or other securities professionally managed to meet a common objective (annuities refer to these as "subaccounts"). Your contributions purchase shares of a portfolio with many other investors; shares are purchased at a specific price per share; the price fluctuates in the market. Mutual funds are available in a variety of investment categories including, but not limited to:
- bond funds
- balanced funds
- large cap stock funds
- mid cap stock funds
- small cap stock funds
- international funds
- lifestage funds
Currently 3 of RIC's 4 investment providers offer mutual fund options. Mutual fund returns are not guaranteed by the State of Iowa or the US Government and are not FDIC insured. To view fund selections and historical performance information, visit the links shown below.
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