Invest in your future.

MyCTSavings investment options

Investing is about putting your money to work so it grows over time and helps you meet your future needs. With MyCTSavings, you have access to a range of investment portfolios, allowing you to invest your contributions based on your retirement goals. An investment portfolio is simply a compilation of different investments, typically made up of stocks, bonds, and/or cash equivalents. How you choose to invest will depend on your appetite for risk. The portfolio descriptions below can also give you a sense of what each investment option can offer. Before making any investment decisions, consider speaking with a financial advisor.

Choose what’s best for you

When you enroll in MyCTSavings, you have the option to stay invested in the standard, default investment option, or you can choose your own fund(s).

Standard investment option

If you choose to do nothing once enrolled, this will be your default investment choice.

Cash Preservation Fund for the first 60 days after your initial contribution

Target Retirement Date Option after 60 days for any existing savings and any future contributions

Choose your investments

You also have the option to customize how you’d like to invest your contributions. Choose from:

  • Target Retirement Portfolio

  • Target Retirement Portfolios (2020-2070)

  • Cash Preservation Portfolio

  • Income Portfolio

  • Income and Growth Portfolio

  • Balanced Portfolio

  • Conservative Growth Portfolio

  • Moderate Growth Portfolio

  • Growth Portfolio

Your standard investment option

If you choose to do nothing upon your enrollment in the program, your funds will be invested temporarily in a money market fund until 60 days have passed after your initial contribution, or until you choose to invest in another portfolio. We place your funds in a money market fund to start, as this type of fund is exposed to the least amount of volatility. After 60 days, if you have not changed your investment strategy, your funds will be exchanged automatically to a default Target Retirement Date Portfolio based on your date of birth and expected retirement year.

Review your investment options

Target Retirement Date Portfolios

Each Target Retirement Portfolio has a specific “target date” (e.g., 2035, 2045, 2055) and invests in a mix of stocks and bond funds based on how far away it is from its target date. Certain portfolios have been created to drive growth for younger investors who can take more risk and become more conservative over time to help investors preserve savings as the funds near their target dates. Target Retirement Portfolios are available for savers of all ages and are usually selected by picking the portfolio that is closest to the year you expect to retire.

Program participants who are enrolled using the default savings choices will be invested automatically in a money market fund until 60 days have passed after their initial contribution, or until they choose to invest in another portfolio. After 60 days, if they have not changed their investment strategy, their funds will be exchanged automatically to a default Target Retirement Date Portfolio based on their date of birth and expected retirement year. 

The MyCTSavings Target Retirement Date Portfolios invest in an assortment of stock and bond funds managed by Lockwood Advisors, Inc. These all-in-one options offer diversified portfolios that move to more conservative investments automatically as the beneficiary approaches and moves past the targeted year of retirement.

Target Retirement Date Portfolio Allocations

2070 2065 2060 2055 2050 2045 2040 2035 2030 2025 Target Retirement Date
Fidelity® Total Market Index Fund
FSKAX
30% 30% 30% 30% 30% 30% 30% 30% 30% 23% 23%
Schwab Total Stock Market Index Fund®
SWTSX
29% 29% 29% 25% 18% 15% 14% 6% 3% 0% 0%
Fidelity® International Index Fund
FSPSX
22% 22% 22% 21% 19% 18% 14% 13% 12% 8% 8%
Fidelity® Emerging Markets Index Fund
FPADX
9% 9% 9% 9% 8% 7% 7% 6% 5% 4% 4%
Fidelity® U.S. Bond Index Fund
FXNAX
0% 0% 0% 1% 5% 7% 9% 15% 30% 30% 30%
Vanguard Total Bond Market Index Fund
VBMPX
0% 0% 0% 1% 4% 7% 9% 15% 4% 20% 20%
Vanguard Long-Term Treasury Index Fund
VLGIX
7% 7% 7% 10% 13% 13% 13% 10% 10% 7% 7%
Schwab Treasury Inflation Protected Securities Index Fund
SWRSX
0% 0% 0% 0% 0% 0% 1% 2% 3% 5% 5%
Vanguard Emerging Markets Government Bond Index Fund
VGIVX
1% 1% 1% 1% 1% 1% 1% 1% 1% 1% 1%
Vanguard High-Yield Corporate Fund
VWEAX
1% 1% 1% 1% 1% 1% 1% 1% 1% 1% 1%
Vanguard Cash Reserves Federal Money Market Fund
VMRXX
1% 1% 1% 1% 1% 1% 1% 1% 1% 1% 1%

Please note that the allocations of the underlying funds in these portfolios are normally rebalanced on a quarterly basis.

Static Portfolios

Unlike the Target Retirement Date Portfolios, Static Portfolios are not reallocated automatically to more conservative investments as you approach retirement. Instead, Static Portfolio investments remain fixed. Static Portfolios are based upon your tolerance for risk and remain fixed in the same stock and bond funds without changing over time.

Please note that the allocations of the underlying funds in these portfolios are normally rebalanced on a quarterly basis.

Cash Preservation Portfolio

The MyCTSavings Cash Preservation Portfolio is intended to be a cash-like fund that seeks to help you preserve the value of your savings by investing in money market securities to provide maximum safety and liquidity, and to provide a low rate of return consistent with limited risk by investing in money market securities.

Fund Name

Vanguard Cash Reserve Federal Money Market Fund

Ticker

VMRXX

Allocation

100%

Income Portfolio

This portfolio seeks to help investors preserve the value of their savings, while also providing income, by investing in a portfolio of mutual funds intended to produce an overall investment exposure of approximately 80% bonds and 20% money market securities. This portfolio is designed for investors with a very low tolerance for short-term market fluctuations who want low risk to principal and have a high desire for current income with limited capital appreciation.

Fund Name

Fidelity® U.S. Bond Index Fund

Vanguard Total Bond Market Index Fund

Vanguard Long-Term Treasury Index Fund

Schwab Treasury Inflation Protected Securities Index Fund

Vanguard Emerging Markets Government Bond Index Fund

Vanguard High-Yield Corporate Fund

Vanguard Cash Reserve Federal Money Market Fund

Allocation

30%

30%

5%

3%

6%

6%

20%

Income and Growth Portfolio

This portfolio seeks to provide current income and some growth by investing in a portfolio of mutual funds intended to produce an overall investment exposure of approximately 40% stocks and 60% bonds. Overall, this fund offers a somewhat reduced level of risk and a more limited appreciation potential and is designed for investors with a shorter investment period. 

Fund Name

Fidelity® Total Market Index Fund

Fidelity® International Index Fund

Fidelity® Emerging Markets Index Fund

Fidelity U.S. Bond Index Fund

Vanguard Total Bond Market Index Fund

Vanguard Long-Term Treasury Index Fund

Schwab Treasury Inflation Protected Securities Index

Vanguard Emerging Markets Government Bond Index

Vanguard High-Yield Corporate Fund

Vanguard Cash Reserve Federal Money Market

Allocation

26%

10%

4%

30%

15%

10%

1%

1%

2%

1%

Balanced Portfolio

This portfolio seeks to provide a balanced mix of steady return and growth but comes with additional risk and invests in a portfolio of mutual funds intended to produce an overall investment exposure of approximately 50% stocks and 50% bonds. The portfolio is designed for investors with a modest tolerance for short-term market fluctuations and a desire for income and moderate capital appreciation.

Fund Name

Fidelity® Total Market Index Fund

Schwab Total Stock Market Index Fund®

Fidelity® International Index Fund

Fidelity® Emerging Markets Index Fund

Fidelity U.S. Bond Index Fund

Vanguard Total Bond Market Index Fund

Vanguard Long-Term Treasury Index Fund

Schwab Treasury Inflation Protected Securities Index Fund

Vanguard Emerging Markets Government Bond Index Fund

Vanguard High-Yield Corporate Fund

Vanguard Cash Reserve Federal Money Market Fund

Allocation

30%

3%

12%

5%

30%

4%

12%

1%

1%

1%

1%

Conservative Growth Portfolio

This portfolio seeks to provide a combination of growth and current income by investing in a portfolio of mutual funds intended to produce an overall investment exposure of approximately 60% stocks and 40% bonds. Overall, there is a medium level of risk for a pursuit of investment return and is designed for investors with a medium or uncertain time horizon.

Fund Name

Fidelity® Total Market Index Fund

Schwab Total Stock Market Index Fund®

Fidelity® International Index Fund

Fidelity® Emerging Markets Index Fund

Fidelity U.S. Bond Index Fund

Vanguard Long-Term Treasury Index Fund

Schwab Treasury Inflation Protected Securities Index Fund

Vanguard Emerging Markets Government Bond Index Fund

Vanguard High-Yield Corporate Fund

Vanguard Cash Reserve Federal Money Market Fund

Allocation

30%

9%

15%

6%

21%

15%

1%

1%

1%

1%

Moderate Growth Portfolio

This portfolio seeks to provide the potential for asset growth by investing in a portfolio of mutual funds intended to produce an overall investment exposure of approximately 80% stocks and 20% bonds. Overall, there is a high level of risk and the potential for higher return. This option is designed for investors with a longer time horizon (10 years or more).

Fund Name

Fidelity® Total Market Index Fund

Schwab Total Stock Market Index Fund®

Fidelity® International Index Fund FSPSX

Fidelity® Emerging Markets Index Fund

Fidelity U.S. Bond Index Fund

Vanguard Long-Term Treasury Index Fund

Schwab Treasury Inflation Protected Securities Index Fund

Vanguard Emerging Markets Government Bond Index Fund

Vanguard High-Yield Corporate Fund

Vanguard Cash Reserve Federal Money Market Fund

Allocation

30%

22%

20%

8%

5%

11%

1%

1%

1%

1%

Growth Portfolio

This portfolio seeks to aggressively pursue growth opportunities by investing in a portfolio of mutual funds intended to produce an overall investment exposure of approximately 100% stocks. This portfolio is designed for investors with a longer time horizon (10 years or more) and will provide the highest level of risk and the potential for higher return out of the investment options.

Fund Name

Fidelity® Total Market Index Fund

Schwab Total Stock Market Index Fund®

Fidelity® International Index Fund

Fidelity® Emerging Markets Index Fund

Vanguard Cash Reserve Federal Money Market Fund

Allocation

32%

32%

25%

10%

1%

It’s important to know that all investing comes with some degree of risk. Nothing on this page should be construed as investment advice. If you need help, you should consider consulting with a qualified financial advisor before making a decision to invest in any portfolio.