Defined Contribution
Helping Participants Meet Their Retirement Goals
Overview
Voya Investment Management is a leading provider of DC investment capabilities
DC offerings built around the requirements of retirement plan investors
DC plan participants have particular needs, expectations and preferences that differ from those of traditional investors. As such, we approach the design and management of our DC product line with a fiduciary’s eye toward suitability, prudence and conservatism. We believe DC investment options should exhibit the following characteristics:
Robust and time-tested investment process
A stable and talented investment team with a tenure of three years or more
Attractive performance evidenced by strong risk-adjusted returns, asymmetric upside/downside capture and modest yet stable alpha
Low tracking error and style purity to allow for the design of asset allocation around core building blocks and avoid large negative surprises
Transparency of process and results
Target Date
Voya’s Target Date Blend Series are designed to specifically balance the evolving risk-return profiles of participants as they age to maximize the probability of a successful retirement. Voya’s Target Date Blend Series are designed to specifically balance the evolving risk-return profiles of participants as they age to maximize the probability of a successful retirement. Our time-tested blend approach to target date design is centered around three key differentiators.
Insights & Resources
1 Pensions & Investments, “The Largest Money Managers,” 2023 Survey, based on assets as of 12/31/22.
2 As of 09/30/23. The DC assets excludes approximately $32 billion in assets under administration.
3 As of 09/30/23.
4 Between 50-40 years out from the fund’s “target date” the Voya Target Date Blend Series allocate 95% to equities compared to the industry average of 89%. At the “target date” the Voya Target Date Blend Series allocate 35% to equities compared to the industry average of 42%. Source: Morningstar. Average includes all mutual fund and VP target date suites in Morningstar. Equity allocations based on Years to Target (YTT) Stock glide path data in Morningstar® Direct.
5 Multi-Manager refers to the use of investment managers including Voya Investment Management and outside managers, which may be offered through affiliated sub-advised funds.
The Voya Retirement Income Fund (Voya RIF) is a preliminary portfolio that may be available as a collective trust fund or a mutual fund. More information is available by obtaining the strategy’s offering document or the Fund prospectus, which should be read carefully before investing. Consider the investment objectives, risks and charges and expenses carefully before investing.
There is no guarantee that any investment option will achieve its stated objective. Principal value fluctuates and there is no guarantee of value at any time, including the target date. The “target date” is the approximate date when an investor plans to start withdrawing their money. When their target date is reached, they may have more or less than the original amount invested. For each target-date portfolio, until the day prior to its target date, the portfolio will seek to provide total returns consistent with an asset allocation targeted for an investor who is retiring in approximately each portfolio’s designated target year. On the target date, the portfolio will seek to provide a combination of total return and stability of principal. Stocks are more volatile than bonds, and portfolios with a higher concentration of stocks are more likely to experience greater fluctuations in value than portfolios with a higher concentration in bonds. Foreign stocks and small- and mid-cap stocks may be more volatile than large-cap stocks. Investing in bonds also, entails credit risk and interest rate risk. Generally investors with longer timeframes can consider assuming more risk in their investment portfolio.