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Home  General Information  Account Online  Online Forms  Investment Options     Money Market Account   Fixed Interest Account   Bond Market Account   Income Share Account   Stock Index Account   Growth Share Account   International Account   Share Values   Investment Performance   Annual Returns       Last Updated: 08/19/2011	Home >> Investment Options    Investment Options   HCSP participants and Unclassified Plan members can invest contributions in any combination of the seven investment options offered by the plan. This allows you the opportunity to choose an investment mix that's right for you - one that balances your risk tolerance with the opportunity for investment returns (reward). If you do not choose any investment option: HCSP contributions are automatically invested in a Money Market Account Unclassified Plan payroll deductions are automatically invested in the Income Share Account You can change how future contributions are invested or transfer all or a portion of your existing account balance among any of the investment options offered by the plan. Exception: You may not transfer balances directly from the Fixed Interest Account to the Money Market Account. Follow these three steps to select/change your allocation: 1. Research the investment options offered by the plan (please see links on the left navigation bar). Be sure to consider the investment objectives, risks, and expenses of the options carefully. Other considerations when choosing an investment allocation include: Diversification: A diversified portfolio (one that spreads your account balance among several different investment options), can help manage investment risk because you aren't depending on a single investment option to carry the load of your portfolio. Time horizon: Your time horizon is the number of years you have to save and invest before you are eligible to request reimbursements. A younger investor may be more comfortable investing in riskier options because there is more time to weather the ups and downs in investment performance. As you near retirement, you'll want to consider shifting a greater portion of the account balance to more conservative options to preserve principal. 2. Make the changes. After you've done your research and decided on an investment allocation, there are two ways to change how your existing account balance and/or future contributions are invested: Log in to your account on this website; or Contact the MSRS Service Center at 651-296-2761 or 1-800-657-5757. 3. Review your investments regularly. An investment allocation that meets your needs today may not necessarily be appropriate for you in the future. Your allocation should be reviewed as your goals, time horizon and personal situation changes. Please note: The State of Minnesota neither guarantees investment performance nor assumes any liability for loss in any account. A prospectus is available upon request. The prospectus provides greater detail about each account and should be read before you decide how to invest your assets. The prospectus is also available on the State Board of Investment's web site at www.sbi.state.mn.us.
	Minnesota State Retirement System 60 Empire Drive, Suite 300, St. Paul, MN 55103-3000 Telephone: (651) 296-2761, Toll Free: (800) 657-5757, Fax: (651) 297-5238 E-Mail: info@msrs.us Please do not include confidential information, such as social security numbers, in email correspondence with MSRS. An Equal Opportunity Employer