Effective February 28, 2017, the Calvert Capital Accumulation Fund was removed from the UCRSP Fund Menu.
UC periodically reviews the UC Retirement Savings Program (UCRSP)—the 403(b), 457(b), and DC Plans—to make sure they continue to help you meet your retirement and financial goals. The review considers a number of factors, including:
Most recently, UC conducted a review of the Calvert Capital Accumulation and Vanguard FTSE Social Index Funds, both of which offer similar exposure to a socially screened UC stack portfolio. As a result of our review, a decision was made to remove the Calvert Capital Accumulation Fund from the UCRSP Fund Menu and transfer UC participant assets into the Vanguard FTSE Social Index Fund.
If you were invested in the Calvert Capital Accumulation Fund, you should have received a notice explaining the change. Any existing balance in and any future contributions to the Calvert Capital Accumulation Fund as of February 28, 2017, were transferred to the Vanguard FTSE Social Index Fund.
If you want to transfer your balance and contributions to a different fund, you must request an exchange into another available investment option.
Want more details about the investment options available to you? Call Fidelity Retirement Services at 1-866-682-7787 to speak with a representative or make any changes to your account.
Before investing in any mutual fund, consider the investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus, or, if available, a summary prospectus containing this information. Read it carefully.
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