Investment Options

A full range of mutual funds and other investment products for Defined Contribution platforms.

Dynamic Asset Allocation Balanced Fund

A globally diversified fund pursuing a balance of growth and income

Objective: The Balanced Fund seeks total return.

More than 10 asset classes: The fund holds a variety of investments in all market conditions, seeking to benefit from a wide range of opportunities.

Individual securities: The managers select individual stocks and bonds, not other funds, to finely tune the portfolio and avoid overlap in holdings.

Active rebalancing: The managers proactively pursue opportunities and regularly rebalance the portfolio to maintain a consistent risk profile.

Fund profile: Dynamic Asset Allocation Balanced (PDF)


Dynamic Asset Allocation Conservative Fund

A globally diversified fund for preserving wealth

Objective: The Conservative Fund seeks total return consistent with preservation of capital.

More than 10 asset classes: The fund holds a variety of investments in all market conditions, seeking to benefit from a wide range of opportunities.

Individual securities: The managers select individual stocks and bonds, not other funds, to finely tune the portfolio and avoid overlap in holdings.

Active rebalancing: The managers proactively pursue opportunities and regularly rebalance the portfolio to maintain a consistent risk profile.

Fund profile: Dynamic Asset Allocation Conservative (PDF)


Dynamic Asset Allocation Growth Fund

A globally diversified fund pursuing growth

Objective: The Growth Fund seeks capital appreciation.

More than 10 asset classes: The fund holds a variety of investments in all market conditions, seeking to benefit from a wide range of opportunities.

Individual securities: The managers select individual stocks and bonds, not other funds, to finely tune the portfolio and avoid overlap in holdings.

Active rebalancing: The managers proactively pursue opportunities and regularly rebalance the portfolio to maintain a consistent risk profile.

Fund profile: Dynamic Asset Allocation Growth (PDF)


Putnam Dynamic Risk Allocation Fund

A global allocation strategy that seeks to improve risk-adjusted returns for a better investment experience through full market cycles.

Objective: The fund seeks total return. Total return is composed of capital appreciation and income.

Seeking a better balance: Strives to improve upon traditional balanced funds through broader global diversification, less reliance on equities, and active risk management.

Global flexibility: Dynamically diversifies across 11 asset classes worldwide to take advantage of changes in global markets.

Active management: Actively invests in a range of lower volatility and hedging strategies to further diversify sources of return and manage risk.

Fund profile: Dynamic Risk Allocation (PDF)


Consider these risks before investing: International investing involves certain risks, such as currency fluctuations, economic instability, and political developments. Additional risks may be associated with emerging-market securities, including illiquidity and volatility. The fund may invest a portion of its assets in small and/or midsize companies. Such investments increase the risk of greater price fluctuations. Funds that invest in government securities are not guaranteed. Mortgage-backed securities are subject to prepayment risk. Our allocation of assets among asset classes may hurt performance, and our efforts to diversify risk through the use of leverage and allocation decisions may not be successful. The use of derivatives involves additional risks, such as the potential inability to terminate or sell derivatives positions and the potential failure of the other party to the instrument to meet its obligations. Growth stocks may be more susceptible to earnings disappointments, and value stocks may fail to rebound. Funds that invest in bonds are subject to certain risks including interest-rate risk, credit risk, and inflation risk. As interest rates rise, the prices of bonds fall. Long-term bonds are more exposed to interest-rate risk than short-term bonds. Unlike bonds, bond funds have ongoing fees and expenses. Our active trading strategies may lose money or not earn a return sufficient to cover trading and other costs. Our use of leverage increases these risks by increasing investment exposure. REITs involve the risks of real estate investing, including declining property values. The use of short selling may result in losses if the securities appreciate in value. Commodities involve the risks of changes in market, political, regulatory, and natural conditions.

You can lose money by investing in a fund. Any given fund may not achieve its goal, and is not intended as a complete investment program. All funds have risk. The value and/or returns of a portfolio will fluctuate with market conditions. You may have more or less than the original amount invested when you redeem your shares.