About WFPCRX
flexPATH Index+ Conservative Retirement Fund Class R1 is a target-date retirement fund within the flexPATH Strategies suite, designed for conservative investors emphasizing stability and capital preservation. It provides long-term investors with an asset allocation strategy that automatically adjusts risk over time, gradually reducing exposure to equity securities while shifting toward capital preservation through bonds and cash equivalents, yet retaining some growth potential. The fund invests in a diversified mix of underlying index funds, including U.S. and non-U.S. stocks, fixed-income securities, Treasury Inflation-Protected Securities (TIPS), and government bonds, with a heavy allocation to bonds for lower volatility. Notable holdings feature U.S. Debt Index Fund, short-term TIPS funds, Russell 1000 Index Fund, intermediate government bond index funds, and international equity index funds. Tailored for participants with high account balances and retirement savings rates exceeding 12%, it serves as a commingled investment vehicle managed by flexPATH Strategies, LLC, with BlackRock Institutional Trust Company as advisor, offering professional management and open-architecture diversification across global asset classes for retirement portfolios.
WFPCRX had a total return of 8.23% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.78%.
