HCSP Investment Options

The HCSP offers a variety of investment options to help you build a diversified portfolio. You can invest contributions in any combination of the 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.

Click the links below to learn about the asset class and funds. Funds appear in order of higher risk / potential reward to lower risk/potential reward.

Fund Description and Fact Sheet

  • Broad International Stock Fund
  • Fact Sheet: Broad International Stock Fund 

    Fund Description:

    Earns returns by investing in stock of companies outside the U.S, in both developed and emerging markets. The six largest international markets are: Japan, United Kingdom, France, Canada, Germany, and Switzerland. 

    Foreign investments involve special risks, including currency fluctuation, taxation differences and political developments.

  • U.S. Stock Actively Managed Fund
  • Fact Sheet: U.S. Stock Actively Managed Fund

    Fund Description:

    Generates returns from dividends and capital appreciation by investing almost exclusively in stock of U.S. companies. The fund uses a group of external stock managers, resulting in a variety of investment styles and approaches. This structure assures that the fund covers all areas of the broad stock market.

  • U.S. Stock Index Fund
  • Fact Sheet: U.S. Stock Index Fund

    Fund Description:

    Invests in stock of over 2,000 U.S. companies. The fund is managed passively and designed to replicate the returns of the Russell 3000 Index, a broad market index that reflects a diverse range of publicly traded U.S.stocks.

  • Balanced Fund
  • Fact Sheet: Balanced Fund

    Fund Description:

    Earns returns from capital appreciation and income from dividends and interest by investing in a mix of about 60% stocks, 35% bonds, and 5% in cash.The fund's stock segment is managed passively and indexed to the Russell 3000. The bond segment is passively managed.

    Balanced investment options are subject to the risks of the underlynig funds, which can be a mix of stocks/stock funds and bonds/bond funds.

  • Bond Fund
  • Fact Sheet: Bond Fund

    Fund Description:

    Generates returns from interest income and capital appreciation by investing in government issues, high-quality U.S. corporate bonds and mortgage securities that have intermediate to long-term maturities.

    A bond fund's yield, unit price and total return change daily and are based on the changes in interest rates, market conditions, economic and political news, and the quality and maturity of its invesments. In general, bond prices fall when interest rates rise and vice versa.

  • Stable Value Fund
  • Fact Sheet: Stable Value Fund

    Fund Description:

    Designed to maintain the value of a participant's original investment and to provide competitive returns by investing in a well-diversified portfolio of high-quality, fixed income securities with strong credit ratings.

    You may not transfer balances directly from the Stable Value Fund to the Money Market Fund. Please note, there are risks that could cause conservative investment options, like the Stable Value Fund, to lose value..

  • Money Market Fund
  • Fact Sheet: Money Market Fund

    Fund Description:

    Seeks to maintain principal value and earns interest that is competitive relative to short-term money market funds. The funds invests in high-quality, short-term instruments.

    You could lose money by investing in the Money Market Fund. Although the fund seeks to preserve the value of your investment at $1 per share, it cannot guarantee it will do so. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The plan's sponsor (MSRS) has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time.

Important Note:
All Minnesota Supplemental Investment Fund investments are not guaranteed and are subject to investment risk including the possible loss of principal. The investment return and principal value of the security will fluctuate so that when redeemed, may be worth more or less than the original investment.

Equity securities of small and mid-sized companies may be more volatile than securities of larger, more established companies. Asset allocation and balanced investmen options and models are subject to the risks of the underlying funds, which can be a mix of stock/stock funds and bond/bond funds. A bond fund's yield, share price and total return change daily and are based on changes in interest rates, market conditions, economic and political news, and the quality and maturity of its investments. In general, bond prices fall when interest rates rise and vice versa.

Although data is gathered from reliable sources. the completeness of accuracy of the data shown cannot be guaranteed. All information is most current as it is provided by the data shown.