The Moderate Investment Option seeks to provide a combination of growth and current income by investing 60% of its assets in diversified investments of domestic and international equity funds (stocks), 35% in fixed income funds (bonds), and 5% in money market funds.

This Investment Option may be appropriate for those who will be investing for 5 years or more, want moderate growth, and seek lower risk and fluctuation than the Growth Investment Option.

Underlying Estimated Fund Expenses1: 0.04%
Program Management Fee: 0.50%
TOTAL: 0.54%

1As of January 1, 2019