Retirement
Savings
Plans
The 403(b), 457(b), and DC Plans
UC Pathway Funds
One decision. Many advantages.
The UC Pathway Funds offer a simple approach to investing. They are
diversified across several asset classes and grow more conservative over time.
Retirement
Savings
Plans
The 403(b), 457(b), and DC Plans
UC PATHWAY FUNDS — A SINGLE FUND APPROACH TO INVESTING.
Each low-fee Pathway Fund is a professionally managed “fund of funds” that are part of the UC RSP Fund Menu — a full range of
options that are reviewed regularly by the UC Office of the Chief Investment Officer for suitability in retirement plan investing.
You simply select the fund by choosing the year in which you plan to start drawing money from your 403(b), 457(b), or DC plans,
and the fund automatically adjusts its allocation over time as each fund approaches its target date and beyond.
• A single approach. UC Pathway Funds offer a long-term investment approach to provide retirement income.
UC PATHWAY FUNDS
These five examples illustrate the choices some people might make based on their current ages.
Higher
100%
2060
6.1%
44.6%
2055
2050
Equity Risk
2040
6.1%
49.3%
44.6%
49.3%
7.3%
44.0%
75%
2045
Target Dates
2058–2063
Target Dates
2053–2057
48.7%
13.8%
41.0%
45.3%
21.5%
Target Dates
2048–2052
Target Dates
2043–2047
41.2%
37.3%
Target Dates
2038–2042
50%
Tracy, Age 30
25%
Michelle, Age 39
0%
Age 20
Age 25
Age 30
Age 35
Age 40
Lower
The investment risk of each target date Pathway Fund, with the exception of the UC Pathway Income Fund, becomes more conservative over time as the Fund
approaches its target date. Ultimately, each UC Pathway Fund is expected to merge with the UC Pathway Income Fund once it reaches its target date. However,
like all investments, the UC Pathway Funds involve risk. Assets held in the Pathway Funds are subject to the volatility of the financial markets, including equity and
fixed income investments in the U.S. and abroad, and may be subject to risks associated with investing in high-yield, small-cap, and foreign securities. Principal
invested is not guaranteed at any time, including at or after their target dates.
• Low fees and expenses. Gross expense ratio is a measure of what it costs to invest in the fund, expressed as a percentage of its
assets, as a dollar amount, or in basis points. These are costs the investor pays through a reduction in the investment’s rate of
return. This ratio also includes Acquired Fund Fees and Expenses, which are expenses indirectly incurred by a fund through its
ownership of shares in underlying funds.
THE YEAR YOU TARGET TO START RECEIVING RETIREMENT INCOME As of 07/02/2016
2035
2030
2025
2020
2015
Income
Target Dates
2013–2017
Jim, Age 70
Brian, Age 47
29.0%
Deb, Age 55
37.3%
36.3%
33.4%
33.7%
30.3%
Target Dates
2033–2037
Target Dates
2028–2032
44.1%
29.3%
26.5%
Target Dates
2023–2027
1.9%
24.7%
51.1%
22.3%
28.9%
16.1%
Income from 403(b),
457(b), or DC Plan
14.7%
Target Dates
2018–2022
40.3%
28.9%
35.0%
16.1%
14.7%
65.0%
40.3%
Age 45
Age 50
Age 55
Age 60
n Domestic Equity/REITs
Age 65
n International Equity
Age 65+
n Bonds
n Short Term
Retirement
Savings
Plans
The 403(b), 457(b), and DC Plans
A simple approach designed to help
meet your retirement savings goals
UC Pathway Funds make it simple to invest. With any investment decision, you should
consider your personal risk tolerance, financial situation, and other investment options in
your retirement plan. But a UC Pathway Fund can help simplify your decision making with:
• A lifetime investment strategy in a single fund
• A diversified portfolio that balances risk and potential reward over time
• Ongoing professional management
Visit www.myUCretirement.com or call 1-866-682-7787, for descriptions of all the investment
options available in your program.
This information is intended to be educational and is not tailored to the investment needs of any specific investor.
The information contained herein regarding the UC Pathway Funds has been provided by the University of California Office of the
Chief Investment Officer of the Regents and is solely the responsibility of the University of California Office of the Chief Investment
Officer of the Regents.
Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917
© 2013-2017 FMR LLC. All rights reserved.
442064.16.0
1.832794.117