Target Fund 40

Target Fund 402018-02-09T09:05:49+00:00

Portfolio Objectives

Fund 40 is a more conservative target portfolio which seeks moderate income and capital appreciation by investing approximately 40% of its net assets in a broad range of domestic equity, international equity, and real estate investment funds with the remaining 60% invested in fixed income investment funds.

Real AssetsInternational Equity
U.S. EquityFixed Income
Money Market

Asset Allocation

Fund Percent
Fixed Income
PIMCO Short-Term Fund 14%
Northern Funds Bond Index Fund 11%
MainStay Total Return Bond Fund 14%
American Century Short Duration Inflation Protection Bond Fund 9%
Touchstone High Yield Fund 6%
Templeton International Bond Fund 6%
Real Assets
Voya Global Real Estate Fund 2%
Credit Suisse Commodity Return Strategy Fund 2%
Fund Percent
U.S. Equity
DFA U.S. Large Cap Value Portfolio 6%
Northern Funds Stock Index Fund 8%
T. Rowe Price Instl. Large-Cap Growth Fund 6%
Northern Funds Mid Cap Index Fund 3%
Northern Funds Small Cap Value Fund 1%
T. Rowe Price QM U.S. Small-Cap Growth Equity Fund 1%
International Equity
Northern Funds International Equity Index Fund 4%
Neuberger Berman International Select Fund 6%
Lazard Emerging Markets Equity Portfolio 1%

Portfolio Performance1

As of October 31, 2018

 Average Annual Total Returns at NAV (%)1 
Fee StructureYTD3 Mo1 Yr3 Yrs5 YrsLifetimeExp.
Ratio2
Inception
Date
A-1.63-2.77-0.404.113.435.111.148/2/10
C-1.79-2.83-0.613.843.164.851.398/2/10
F-1.41-2.72-0.134.383.685.380.898/2/10
Fee Structure B Performance

Fund Performance3

As of 6/30/2018

 Average Annual Total Returns (%)3 
Fixed Income FundsExpense
Ratio
TickerQTRYTD1 Yr3 Yrs5 Yrs10 Yrs or Life of FundInception
Date
PIMCO Short-Term Fund
Fact Sheet, Prospectus, Annual Report
0.47PTSHX0.782.142.142.081.862.148/2/10
Northern Funds Bond Index Fund
Fact Sheet, Prospectus, Annual Report
0.16NOBOX-1.52-1.521.131.051.673.378/2/10
MainStay Total Return Bond Fund
Fact Sheet, Prospectus, Annual Report
0.60MTMIX-0.37-2.08-0.562.002.434.4112/17/14
American Century Short-Duration Inflation-Protection Bond Fund
Fact Sheet, Prospectus, Annual Report
0.37APISX0.481.211.211.040.582.189/26/13
Touchstone High Yield Fund
Fact Sheet, Prospectus, Annual Report
0.72THIYX0.55-0.571.793.254.036.5810/10/12
Templeton International Bond Fund
Fact Sheet, Prospectus, Annual Report
0.76FIBZXn/a1.33-0.781.940.374.3010/10/12
 Average Annual Total Returns (%)3 
Real Estate FundExpense
Ratio
TickerQTRYTD1 Yr3 Yrs5 Yrs10 Yrs or Life of FundInception
Date
Voya Global Real Estate 529 Portfolio
Fact Sheet, Prospectus, Annual Report
0.99IGLIXn/an/a10.43n/a5.243.3510/10/12
 Average Annual Total Returns (%)3 
Domestic Equity FundsExpense
Ratio
TickerQTRYTD1 Yr3 Yrs5 Yrs10 Yrs or Life of FundInception
Date
DFA U.S. Large Cap Value Portfolio
Fact Sheet, Prospectus, Annual Report
0.27DFLVXn/a12.2112.2110.1312.659.3411/30/12
Northern Funds Stock Index Fund
Fact Sheet, Prospectus, Annual Report
0.10NOSIX-0.79-0.7913.8710.6813.199.338/2/10
T. Rowe Price Large-Cap Growth Fund
Fact Sheet, Prospectus, Annual Report
0.56TRLGX6.7612.0629.1018.0319.3914.0011/30/-1
Northern Funds Mid Cap Index Fund
Fact Sheet, Prospectus, Annual Report
0.15NOMIX4.233.4213.3510.7112.5010.548/2/10
Northern Funds Small Cap Value Fund
Fact Sheet, Prospectus, Annual Report
1.01NOSGX-2.95-2.953.767.1810.389.338/2/10
T. Rowe Price QM U.S. Small-Cap Growth Equity Fund
Fact Sheet, Prospectus, Annual Report
0.66TQAIX5.587.7618.9211.2014.6812.718/2/10
 Average Annual Total Returns (%)3 
International Equity FundsExpense
Ratio
TickerQTRYTD1 Yr3 Yrs5 Yrs10 Yrs or Life of FundInception
Date
Northern Funds International Equity Index Fund
Fact Sheet, Prospectus, Annual Report
0.25NOINX-1.64-2.566.354.796.312.688/2/10
Neuberger Berman International Select Fund
Fact Sheet, Prospectus, Annual Report
0.90NILIX-1.53-1.618.825.686.963.278/2/10
Lazard Emerging Markets Equity Portfolio
Fact Sheet, Prospectus, Annual Report
1.10LZEMX2.0518.3318.338.623.863.478/2/10
 Average Annual Total Returns (%)3 
Commodities FundExpense
Ratio
TickerQTRYTD1 Yr3 Yrs5 Yrs10 Yrs or Life of FundInception
Date
Credit Suisse Commodity Return Strategy Fund
Fact Sheet, Prospectus, Annual Report
0.80CRSOX0.24-0.366.64-4.39-6.36-8.9510/10/12