The Public Employers Retirement Trust offers the following investments alternatives:
FIXED
ACCOUNT:
A portfolio of fixed-rate insurance contracts including, but not limited to, tax-deferred annuities and guaranteed investment1 contracts issued by highly rated insurance companies.
MANAGED
PORTFOLIO:
PERT participants will be provided three portfolios of load-waived mutual funds tailored to meet certain investment goals and objectives. The portfolios are managed by an independent registered investment advisor on a discretionary basis. Using the concept of Modern Portfolio Theory, the portfolios are designed to cater to the needs of various investors based on risk tolerances and investment horizons. As compensation for services rendered, advisory fees not to exceed the rate of 1.50% per year of the assets under management will be assessed. These fees are deducted quarterly from the portfolios.
INDIVIDUAL
ACCOUNT SELECTION:
On an individual basis, and subject to the provisions of each individual account selected, an investor can choose his/her investment allocation from a list of available mutual funds.
1 Guarantees are based on the claims paying abilities of the issuing insurance company, and do not apply to investment options.