Level One: Model Portfolio
as of 6/30/10
The Model Portfolios have been created for the participant who does not want to determine his or her own account asset allocation. The Investment Board has provided an appropriate asset allocation of the investment options based on varying degrees of risk. The Conservative Model Portfolio is designed for the retiree or participant who desires to limit volatility and risk of principal. The object of this portfolio is income and capital preservation. The majority of the portfolio is invested in the Stable Value Fund. As an inflation hedge, a lessor portion of the portfolio is invested in the Value Stock and Equity Index Funds.
DAP Asset Allocation
Fund Characteristics
| Fund Assets ($ million) | 53.6 |
| Net Asset Value | 294.4 |
| 2009 Expense Ratio | 41 basis pts. |
Target Allocation
| Stable Value Option | 60% |
| Value Stock Option | 20% |
| Equity Index Option | 20% |
Annual Performance
Comparison to Benchmark
Conservative Model Composite Index
| BC 1-3 Govt/Treas Benchmark | 60% |
| Russell 1000 Value Benchmark | 20% |
| Russell 3000 Benchmark | 20% |
Growth of $10,000 Investment
