Investments
Congratulations! You’ve taken the first and most important step to building a secure financial future; you’ve started saving for retirement. Now you’re ready for the second step – Investing those savings wisely to meet your financial goals.
The JRB Offers a Wide Range of Investment Options
The JRB offers a wide range of investment options that cover the major asset classes and investment styles.
- The JRB Plan investment menu includes a range of carefully selected, no-load mutual funds, including stock funds, bond funds, and hybrid funds (which combine stocks and bonds). The Plan offers both actively managed and passively managed (index) funds.
- Our Investment Review Committee, with the support of our investment advisor CAPTRUST, selects high-quality, low-cost funds from a variety of fund families such as American Funds, Fidelity, Goldman Sachs, JPMorgan, Loomis Sayles, Parnassus, T. Rowe Price and Vanguard. Because we are not limited to one fund family, the Investment Review Committee can select top performing funds in each asset class and investment style.
- With over $1.3 billion in assets under management, JRB participants purchase mutual funds at the lowest-cost share class available. Lower costs mean you receive higher investment returns.
Investment Offerings
- Stable Value Interest Fund
- Bond Mutual Funds
- Hybrid (Balanced) Mutual Fund
- Target Date Mutual Funds
- U.S. Large-Cap Stock Mutual Funds
- U.S. Mid- and Small-Cap Stock Mutual Funds
- International Stock Mutual Funds
- State of Israel Bonds
Customize Your Investment Portfolio to Meet Your Needs
Your retirement savings account is self-directed. This means that you are responsible for choosing the investments in your account and making sure they align with your financial goals, risk profile, and time horizon. These funds are intended as long-term investments to meet your retirement goals and are not designed for frequent trading. Excessive trading can result in redemption fees for some funds.
Consider setting up a Complimentary Financial Consultation so you can decide which investment options are best for you.
At the time you enroll in the JRB Retirement Plan, you select the investments for your account and the percentage of your contributions to be allocated to each investment. You provide this information on the JRB Enrollment Form.
In deciding on your investments and how to allocate your contributions, you should consider the following:
- Your current financial situation
- Your investment objectives
- Your tolerance for investment risk
- Your time horizon—when you plan to retire and the number of years you will spend in retirement
You also want to make sure that your portfolio is diversified. Having an appropriate mix of stocks, bonds and cash can help your account grow and manage investment risk.
Once you make your initial investment allocation, it remains in effect until you decide to change it. You can change your investment mix as frequently as you like, at no charge. You can make changes to your account holdings in several ways:
- You can transfer money from one fund to another.
- You can change the percentage of new contributions that is allocated to each fund.
- You can rebalance your account holdings in keeping with your investment objectives and financial situation.
You can make changes to your account either online or by completing a form authorizing the JRB to make the changes for you.
There are several reasons for making changes to your account holdings. As you get closer to retirement, you may decide to reduce your equity investments and shift to more conservative funds. Or, if your percentage of stock or bond holdings changes significantly due to market conditions, you might want to shift assets between the funds to get your portfolio back in balance.
Remember that investing for retirement is a long-term strategy. While it’s important to monitor your account on a regular basis to make sure your strategy is on track, making constant changes might actually hurt your earnings potential.
November 2024