The Island $avings Plan provides several approaches to investing, enabling you to select the option(s) that best suits your needs. To review monthly performance on investments, view the Island Savings Investment Performance

Do it for me

GoalMaker: Automatic investing

No time for—or interest in—choosing and managing your investments? Consider GoalMaker®. At no extra cost, this optional "asset allocation" program matches you with a professionally designed portfolio of Island Savings investment options based on your "investor style" (risk tolerance) and expected years to retirement.

When you sign up, GoalMaker automatically:
  • Rebalances your current account and redirects new contributions to your target mix.
  • Rebalances your account periodically to help you stay on target.

Also, if you choose optional Age Adjustment, your portfolio will gradually grow more conservative as you get closer to retirement. To sign up for GoalMaker, log in to your account, select GoalMaker in the “Go to...” menu and follow the directions. Please see important information.

Lifecycle Funds
Each Island $avings Plan Target-Date Fund is a diversified portfolio of the plan's core investment options, whose stock/bond mix "targets" a particular time frame. By choosing a Lifecycle Fund, you benefit from age-based diversification in a single option. You may choose the fund whose underlying portfolio best fits your years to retirement, investment goals and anticipated retirement date.

Lifecycle Funds

Investment advice
Get an account review and professional guidance, including specific recommendations, from an asset manager with Morningstar® Associates, a leading independent asset allocation specialist. Sign up through your online account or by contacting a retirement counselor.

Managed by Morningstar
For an additional fee (0.35% of your account value), get hands-on, professional investment management, including a personalized strategy, recommended savings rate, regular progress reports and more. Log in to your account, then go to “Investment Allocations” and click on “Go to Retirement Manager.”

Plan & investment fees

The Island $avings Plan charges 0.125% of your account balance to help cover the costs of plan administration and recordkeeping; this fee is deducted quarterly from your account balance. In addition, each investment option charges a fee ("expense ratios") charged by the plan's investment providers to cover their funds' operating costs. Also, investors in the Self-Directed Brokerage Account may incur fees for the service as well as charges levied by investments they hold within the account.

IMPORTANT INFORMATION

All investing involves various risks including the possible loss of principal. You can lose money by investing in securities. The target-date is the approximate date when investors plan to retire and may begin withdrawing their money. The asset allocation of the target-date funds will become more conservative as the target-date approaches by lessening the equity exposure and increasing the exposure in fixed income type investments. The principal value of an investment in a target-date fund is not guaranteed at any time, including the target-date. There is no guarantee that the fund will provide adequate retirement income. A target-date fund should not be selected based solely on age or retirement date. Participants should carefully consider the investment objectives, risks, charges and expenses of any Fund before investing. Funds are not guaranteed investments and the stated asset allocation may be subject to change. You can lose money by investing in securities, including losses near and following retirement.

GoalMaker
GoalMaker’s model allocations are based on generally accepted financial theories that take into account the historic returns of different asset classes. But, of course, past performance of any investment does not guarantee future results. Participants should consider their other assets, income and investments (e.g. equity in a home, Social Security benefits, individual retirement plan investments, etc.) in addition to their interest in the plan, to the extent those items are not taken into account in the model. Participants should also periodically reassess their GoalMaker investments to make sure their model portfolio continues to correspond to their changing attitudes and retirement time horizon.

You should consider the fund's investment objectives, risks, charges and expenses before investing. The prospectus and, if available, summary prospectus, contain complete information about the investment options available through your plan. Please call 888-712-5642 for a free prospectus and, if available, summary prospectus that contain this and other information about our mutual funds. You should read the prospectus and the summary prospectus, if available, carefully before investing.

Shares of the registered mutual funds and self-directed brokerage products and services are offered through Prudential Investment Management Services LLC (PIMS), Newark, NJ, a Prudential Financial company. Self-Directed Brokerage Accounts are carried and maintained by National Financial Services LLC pursuant to a clearing agreement with PIMS.

Retirement Counselors are registered representatives of PIMS.

Morningstar Associates, LLC is not affiliated with Prudential Financial or any of its affiliates.

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All information contained on this site is for educational purposes only. This material is not intended as advice or recommendation about investing or managing your retirement savings. By sharing it, Prudential Retirement is not acting as your fiduciary as defined by the Department of Labor's Fiduciary rule or otherwise. If you need investment advice, please consult with a qualified professional.

Retirement products and services are provided by Prudential Retirement Insurance and Annuity Company(PRIAC), Hartford, CT, or its affiliates. PRIAC is solely responsible for its financial condition and contractual obligations.

© 2017 Prudential Financial, Inc. and its related entities. Prudential, the Prudential logo, the Rock symbol and Bring Your Challenges are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.

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