If you’re ready to think seriously about investing, it’s time to learn about the investments available through the UC Retirement Savings Program (UCRSP)—the 403(b), 457(b), and Defined Contribution (DC) Plans.
Here's what you need to know.
UC Fund Menu
To help make your investment decisions easier, the UC Retirement Savings Program offers the UCRSP Fund Menu. The investment menu includes a full range of asset classes designed to help meet your needs, no matter what type of investor you might be. Regardless of your investment preferences, a key strategy for managing risk is having a well-diversified portfolio. The UCRSP Fund Menu is selected and monitored by the UC Office of the Chief Investment Officer of the Regents.
As of June 30, 2022, the core fund menu no longer holds investments in companies that own fossil fuel reserves.1
Tier I – Target Date Funds
UC Pathway Income Fund
UC Pathway Fund 2035
UC Pathway Fund 2055
Tier II – Main Fund Menu
Tier III – Fidelity BrokerageLink®
Tier I – Target Date Funds
UC Pathway Funds
- The UC Pathway Funds are designed to be the only investment option you need in your retirement plan account. Each UC Pathway Fund invests in eight underlying funds for maximum diversification. The funds adjust risk over time to help ensure participants investing in the funds are allocated to an appropriate level of volatility throughout the funds' target date. You simply choose the one fund closest to the year you expect to retire—or the year you plan to start drawing money from your plan account. The chart below lists the assigned fund the University of California Retirement Savings Program believes will best fit your diversification needs should you not select an investment option.
|Your Birth Date1||Fund Name||Target Retirement Years|
|Before 1955||UC Pathway Income Fund||Retired before 2020|
|Jan. 1, 1955–Dec. 31, 1959||UC Pathway Fund 2020||Target Years 2020–2024|
|Jan. 1, 1960–Dec. 31, 1964||UC Pathway Fund 2025||Target Years 2025–2029|
|Jan. 1, 1965–Dec. 31, 1969||UC Pathway Fund 2030||Target Years 2030–2034|
|Jan. 1, 1970–Dec. 31, 1974||UC Pathway Fund 2035||Target Years 2035–2039|
|Jan. 1, 1975–Dec. 31, 1979||UC Pathway Fund 2040||Target Years 2040–2044|
|Jan. 1, 1980–Dec. 31, 1984||UC Pathway Fund 2045||Target Years 2045–2049|
|Jan. 1, 1985–Dec. 31, 1989||UC Pathway Fund 2050||Target Years 2050–2054|
|Jan. 1, 1990–Dec. 31, 1994||UC Pathway Fund 2055||Target Years 2055–2059|
|Jan. 1, 1995–Dec. 31, 1999||UC Pathway Fund 2060||Target Years 2060–2064|
|Jan. 1, 2000, and later1||UC Pathway Fund 2065||Target Years 2065 and beyond|
1 Dates selected by Plan Sponsor.
Tier II – Main Fund Menu
Comfortable building a diversified portfolio on your own? The UCRSP Fund Menu lets you create a custom mix of fixed income funds and equity funds. Here is an overview of the available options.2
- Short-term: UC Savings Fund. Short-term funds are designed to preserve capital. Short-term funds are a fixed-income investment, which are considered more conservative. They also tend to provide a lower potential return.
- Intermediate-term: UC Bond Fund. Intermediate-term bond funds seek to maximize long-term investment returns by investing in intermediate-term debt securities.
- Inflation-protected: UC Short Term TIPS Fund and UC TIPS Fund. The UC Short Term TIPS Fund seeks to provide returns more closely correlated with realized inflation over the near term and to offer investors the potential for less volatility of returns relative to a longer duration TIPS fund. The UC TIPS Fund seeks to provide long-term return and inflation protection consistent with an investment in U.S. government inflation-indexed securities or TIPS (Treasury Inflation Protected Securities).
- Broad Cap: UC Domestic Equity Index Fund. Index funds try to track the performance of a specific market index by investing in the same securities, in the same weightings, as the index.
- Large Cap: UC Growth Company Fund. Large-cap funds generally invest in the stocks of companies with a market capitalization of at least $5 billion in market value.
- Small Cap: UC Domestic Small Cap Equity Fund. Small-cap funds typically invest in businesses with a market value of $300 million to $2 billion. These are usually young companies that serve niche markets or emerging industries.
- Developed Markets: UC International Equity Index Fund and UC Diversified International Fund. International stock funds primarily invest in stocks issued by companies outside the United States, while global stock funds primarily invest in stocks issued by companies around the world, including the United States.
- Emerging Markets: UC Emerging Markets Equity Fund Portfolio. Emerging markets stock funds invest primarily in stocks issued by companies based in countries with less developed economies.
- UC Global Equity Index Fund. The UC Global Equity Index Fund invests in domestic and international companies that do not own fossil fuel reserves or sell tobacco products.
- UC Real Estate Fund. Real estate funds offer investors wide exposure in the real estate sector by investing primarily in the securities of companies that own and manage real estate.
- UC Social Equity Fund. The UC Social Equity Fund invests in large- and mid- capitalization U.S. stocks that have been screened for certain environmental, social and governance criteria.
Tier III – BrokerageLink®
- Fidelity BrokerageLink® combines the convenience of your workplace retirement plan with the additional flexibility of a brokerage account. It gives you expanded investment choices to manage your retirement contributions. The plan fiduciary neither evaluates nor monitors the investments available through BrokerageLink. It is your responsibility to ensure that the investments you select are suitable for your situation, including your goals, time horizon, and risk tolerance. See the fact sheet and commission schedule for applicable fees and risk.
For more information visit www.netbenefits.com or call 1-866-682-7787.