My company was bought out by Siemens earlier this year. For the first time I can see the detailed info of funds in 401k. It's not managed by a single company (like T Rowe Price or Vanguard), it appears each asset class has multiple managers.
I have not seen funds like this before. No ticker symbols. We have a single "domestic large cap fund", we have another "domestic small cap fund", we have another "foreign large cap fund" and a "non us emerging markets fund", among a few other choices.
In the prospectus for the domestic large cap, it suggests the fund is managed by the following companies
State Street Global Advisors...............................................61% Legg Mason........................................................................
17% Capital Guardian...........................................................12% Barclays Global Investors.............................................10%Anyone know of information about which State street fund this might be, or how I would figure this out? I am looking for a ticket symbol which mimics that portion of fund performance.
non US developed markets fund is managed by Grantham, Mayo, Van Otterloo...........................................
42% Capital Guardian........ ...................................................33% Barclays Global Investors ............................................25%small cap fund is managed by AXA Rosenberg..................................................................
28% State Street Global Advisors...............................................25% Wellington Management................................................25% Peregrine Capital Management......................................22%non us emerging markets fund is managed by SSgA/Rexiter.................................................................47% Capital International, Inc. ...... ......................................43% Barclays Global Investors ............................................10%
3 of the 4 funds trail their indexes for short term by small percentages, the fourth trails 5 year, but exceeds 3 month and 1 year benchmarks.I am choosing between these 4 funds and a self directed brokerage option. If anyone has seen plans like this before, please chime in.
Thank You.