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 here:

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 the optional Age Adjustment feature, 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 for details.

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–Managed by Morningstar
Morningstar® Retirement ManagerSM offers professional investment management along with a range or resources, research and educational support that are accessible and actionable.

There are two levels of service available:

Managed Accounts–This solution is designed for participants who want professional account management, but lack the time or expertise to manage their own account. For an additional fee (0.35% of your account value), you will get hands-on, professional investment management, including an account review, personalized strategy, and professional guidance, including specific recommendations, from an asset manager with Morningstar Associates.

Investment Advice–This solution offers a wide range of resources, research and educational support to help participants make informed decisions about their accounts. This option is designed for a participant who wants to play an active role in managing their own plan account, but is looking for a second opinion about his or her investments.
Sign up for either option through your online account or by contacting a Retirement Education Counselor.

Want to learn more about Morningstar and how it can help you save for retirement? Watch this short video:

Do it yourself

Core Investment Options
Click each fund name for details on strategy, holdings and performance. For help, review the Fund Fact Sheet User's Guide.

Stable Value Fixed Income Balanced Large-Cap Stock Small/Mid-Cap Stock Global/International Stock
Self-Directed Brokerage (SDB) Account
If you’re a seasoned investor, the Island $avings Plan gives you access to a Self-Directed Brokerage Account. This option enables you to invest in a broad range of mutual funds that you’ll find in the Island $avings Plan, along with individual stocks, bonds and other securities. There’s a $2,000 minimum balance to open an SDB account, and other account fees—and as with any account you will be responsible for any fees charged by the investments you choose. If you’re interested, please see the information below. Please see important information.

Plan and investment fees

The Island $avings Plan charges 0.11% 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 the 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 a 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 Education Counselors are registered representatives of PIMS.

Morningstar® Retirement Manager(SM) is offered by Morningstar Investment Management LLC and is intended for citizens or legal residents of the United States or its territories. The investment advice delivered through Morningstar Retirement Manager is provided by Morningstar Investment Management LLC, a registered investment adviser and subsidiary of Morningstar, Inc. The Morningstar name and logo are registered marks of Morningstar, Inc. Investment advice generated by Morningstar Retirement Manager is based on information provided and limited to the investment options available in the defined contribution plan. Projections and other information regarding the likelihood of various retirement income and/or investment outcomes are hypothetical in nature, do not reflect actual results, and are not guarantees of future results. Results may vary with each use and over time. Morningstar Investment Management, LLC is not affiliated with Prudential Financial or any of its affiliates.

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