A New Way for Plan Sponsors and Participants to Diversify Retirement Assets; MetLife Retirement & Savings Launches Asset Allocation Portfolios Today.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Plan sponsors in the small- and mid-market looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. an easy and flexible way to diversify the investment options in their retirement plans now have a new offering at their disposal: MetLife's Asset Allocation Asset Allocation The process of dividing a portfolio among major asset categories such as bonds, stocks or cash. The purpose of asset allocation is to reduce risk by diversifying the portfolio. Portfolios. These Portfolios, designed and managed by the MetLife Investment Strategies Group, give plan sponsors and their participants diversified investment options, while eliminating the need to research, choose and monitor a diverse range of individual investments. In total, there are five individual Portfolios - ranging from Conservative to Very Aggressive - designed to meet a variety of investment objectives and levels of risk tolerance Risk Tolerance The degree of uncertainty that an investor can handle in regards to a negative change in the value of their portfolio. Notes: An investor's risk tolerance varies according to age, income requirements, financial goals, etc. . Each of the five Portfolios is made up of a group of underlying investment options from several investment management companies and is diversified among asset classes. "With employees responsible for an ever increasing share of their own retirement savings and an unprecedented number of Americans nearing retirement, the need for flexible, diversified plan options has never been greater," said William Slater, vice president, MetLife Retirement & Savings. "In considering which portfolios may be appropriate, plan participants Plan participants Employees or other beneficiaries who are eligible to receive benefits from a company's employee benefit plan. should consider how many years they may live in retirement; their anticipated income level; their other income, assets, and investments such as savings accounts Savings Account A deposit account intended for funds that are expected to stay in for the short term. A savings account offers lower returns than the market rates. Notes: , a home, other plan assets and IRAs, and the amount of monthly income they'll need in retirement." The underlying investment options in MetLife's Asset Allocation Portfolios undergo a rigorous investment screening process. The MetLife Investment Strategies Group chooses the investments for each Portfolio and reviews and rebalances them quarterly to maintain their stated investment objectives and risk profiles. The MetLife Asset Allocation Portfolios include: --MetLife(R) Conservative Asset Allocation Portfolio - Designed for investors who may have a low tolerance for risk and seek current income and stability rather than growth (Target allocation In air defense, the process, following weapon assignment, of allocating a particular target or area to a specific surface-to-air missile unit or interceptor aircraft. : 20% equity, 55% fixed income and 25% money market). --MetLife(R) Moderately Conservative Asset Allocation Portfolio - Designed for investors who seek current income and stability and some growth (Target allocation: 40% equity, 50% fixed income and 10% money market). --MetLife(R) Moderate Asset Allocation Portfolio - Designed for long-term investors Long-term investor A person who makes investments for a period of at least five years in order to finance his or her long-term goals. who are comfortable with some investment risk and seek moderate growth (Target allocation: 60% equity, 35% fixed income and 5% money market). --MetLife(R) Aggressive Asset Allocation Portfolio - Designed for long-term investors who seek a high degree of growth and are comfortable with an increased degree of investment risk (Target allocation: 80% equity and 20% fixed income). --MetLife(R) Very Aggressive Asset Allocation Portfolio - Designed for long-term investors who seek a very high degree of growth and are very comfortable with an increased degree of investment risk (Target allocation: 100% equity). With more than 80 years of experience in the benefits arena, MetLife is a top retirement plan provider to small and mid-size companies. In 1921, MetLife sponsored the first group pension plan. Today, the company is offering a broad range of retirement income and savings products, all designed to help employees achieve financial independence in retirement. MetLife, a subsidiary of MetLife, Inc. (NYSE NYSE See: New York Stock Exchange : MET), is a leading provider of insurance and other financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. to individual and institutional customers. The MetLife companies serve individuals in approximately 13 million households in the U.S. and provide benefits to 37 million employees and family members through their plan sponsors. Outside the U.S., the MetLife companies serve approximately 8 million customers through direct insurance operations in Argentina, Brazil, Chile, China, Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , India, Indonesia, Mexico, South Korea, Taiwan and Uruguay. For more information about MetLife, please visit the company's Web site at www.metlife.com. |
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