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Has anyone figured out how to get their financial management software to track this balance? Somehow Empower picked up on the fact it exists, but shows a 0 balance.
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Originally Posted by Bucking Bar
(Post 3729351)
Has anyone figured out how to get their financial management software to track this balance? Somehow Empower picked up on the fact it exists, but shows a 0 balance.
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Originally Posted by Gunfighter
(Post 3713088)
It's behind a paywall, but the arricle title gives it away.
The Trusted 60-40 Investing Strategy Just Had Its Worst Year in Generations |
Originally Posted by Tummy
(Post 3731562)
I'm sure you know this, but the MBCBP isn't a 60/40 allocation. It's a 40/60 allocation.
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Originally Posted by Gunfighter
(Post 3731663)
Correct. The MBCBP is 40/60. The interesting portion of the linked article was the discussion about bond allocation hurting the retruns. The article showed how the 40% bond allocation in the 60/40 didn't save the portfolio, in fact the rapid rise in interest rates crushed the bond portion. The MBCBP 60% bond exposure would have likely suffered a similar fate.
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Originally Posted by Tummy
(Post 3731562)
I'm sure you know this, but the MBCBP isn't a 60/40 allocation. It's a 40/60 allocation.
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Originally Posted by JamesBond
(Post 3732393)
You have a source for this? Where is the money actually located?
Money is in a collective investment trust. No actual retail fund. Company self manages the assets as they do with the remaining frozen DB plans. |
Originally Posted by JamesBond
(Post 3732393)
You have a source for this? Where is the money actually located?
What is the investment portfolio for the MBCBP? How are the funds held? The investment strategy for the MBCBP will target an allocation of 40% to global public equity markets in a manner similar to the MSCI All Country World Index, and 60% to U.S. intermediate bonds in a manner similar to the Bloomberg US Aggregate Bond Index. The MBCBP assets will be invested in a Collective Investment Trust (“CIT”), which is a pooled retirement investment vehicle only available to a qualified retirement plan that offers benefits not available via a traditional mutual fund. |
lol, are y’all surprised that the investment of your money is completely obfuscated?
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Originally Posted by crazyjaydawg
(Post 3733562)
lol, are y’all surprised that the investment of your money is completely obfuscated?
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