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The American Century Intl. Growth Fund was terminated and removed from the International Stock Option on 5/29/15. The fund was terminated due to a recent manager change and performance that had consistently detracted from this investment option.  The funds were moved into the International Stock Option’s index fund - BlackRock ACWI Ex US IMI Index until the board finds a suitable replacement fund.  The new International Stock Option target allocation is as follows:

Manager  Previous Target Allocation  New Target Allocation effective 5/29/15  
American Century Intl. Growth  10%  0%
Templeton Instl. Foreign Equities  12%  12%
Thornburg Intl. Value  8%  8%
DFA Emerging Markets Value  10%  10%
MFS Intl. Value  12%  12%
Brandes Intl. Small Cap Equities  6%  6%
BlackRock ACWI Ex-US IMI Index  42%  52%

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