Description
Objective
Income and capital growth consistent with reasonable risk.
Principal Investment Strategies
The Fund invests its assets in the Fidelity® Puritan® Fund. The underlying fund invests approximately 60% of its assets in stocks and other equity securities and the remainder in bonds and other debt securities, including lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds), when its outlook is neutral. It invests at least 25% of its total assets in fixed income senior securities. Please see the underlying fund’s prospectus for additional information.
Principal Investment Risks
There is no guarantee that the Fund will achieve its investment objective.
You may lose money by investing in the Fund.
The Fund’s principal investment risks include: Stock Market Risk, Interest Rate Risk, Foreign Securities Risk, Issuer Risk.
Please see the Disclosure Memorandum for additional information about the Fund’s risks.
Performance & Expenses
| Fund/Benchmark Name | Qtr | YTD | 1-Yr | 3-Yr | 5-Yr | 10-Yr | Since Inception |
|---|---|---|---|---|---|---|---|
| MSQ Puritan® | -5.02% | -21.52% | -15.94% | 6.29% | 6.47% | 8.28% | N/A |
| S&P 500 Indexa,b | -4.88% | -23.87% | -15.47% | 8.16% | 9.24% | 11.70% | N/A |
| Morningstar Allocation -- 50% to 70% Equityb,c | -4.48% | -18.29% | -14.80% | 2.49% | 3.60% | 5.64% | N/A |
Fund past performance, as shown, is no guarantee of how the Fund will perform in the future. The performance shown has been annualized for periods greater than one year. Investment returns and principal value will fluctuate, so that an investor's shares, when redeemed, may be worth more or less than their original cost. For current performance, participants or plan sponsors in a MissionSquare Retirement administered account can log in at www.missionsq.org, or institutions can go to www.investments.missionsq.org.
Fund performance is shown comparing it to a "benchmark" which may be a (i) broad-based securities market index (ii) a group of mutual funds with similar investment objectives, or (iii) a short term government backed debt obligation such as a U.S. Treasury Bill. An index is not available for direct investment, is unmanaged, and does not reflect the costs of portfolio management or trading. A fund's portfolio may differ from the securities held in an index.
| Gross Expenses | 0.51% |
|---|---|
| Net Expenses | 0.51% |
a. The S&P 500 Index consists of 500 companies representing larger capitalization stocks traded in the U.S.
b. Certain information including, but not limited to, benchmark performance or other performance and/or fee information, is provided by Morningstar, Inc., © 2022 All rights reserved. This information: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Morningstar is a registered trademark of Morningstar, Inc.
c. The Morningstar category average return represents the average return for a category of funds with similar investment objectives and strategies. The average is calculated and funds are assigned to a category by Morningstar.
Distributions
| Record Date | Ex/Payable Date | Income/Capital Gains Paid Per Share |
|---|---|---|
| Dec 8, 2017 | Dec 8, 2017 | $0.270000000 |
| Oct 13, 2017 | Oct 13, 2017 | $0.543000000 |
Footnotes
| 1. | PURITAN and CONTRAFUND are registered service marks of FMR LLC. Used with permission. |
|---|---|
| 2. | Before investing in the Fund you should carefully consider your investment goals, tolerance for risk, investment time horizon, and personal circumstances. There is no guarantee that the Fund will meet its investment objective and you can lose money. |
| 3. | The Fund is an investment option of VantageTrust, a group trust established and maintained by VantageTrust Company, LLC, a wholly owned subsidiary of MissionSquare Retirement. VantageTrust provides for the commingling of assets of certain trusts and plans as described in its Declaration of Trust, and is only available for investment by such eligible trusts and plans. The Fund is not a mutual fund. Its units are not deposits of VantageTrust Company and are not insured by the Federal Deposit Insurance Corporation or any other agency. The Fund is a security that has not been registered under the Securities Act of 1933 and is exempt from investment company registration under the Investment Company Act of 1940. For additional information regarding the Fund, including a description of the principal risks, please consult the Funds Disclosure Memorandum, which is available when plan administration clients log in at www.missionsq.org, at www.investments.missionsq.org for institutions, or upon request by calling 800-669-7400. |
| 4. | When Funds are marketed to institutional clients, the Funds are offered by MissionSquare Investment Services, an SEC registered broker-dealer and FINRA member firm. MissionSquare Investment Services is a wholly-owned subsidiary of MissionSquare Retirement and is an affiliate of VantageTrust Company, LLC and MissionSquare Investments. |