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Butte County committee puts two investment options on watch and approves replacing Vanguard fund
Summary
The Butte County 457 Deferred Compensation Committee on Feb. 5 approved placing the Nationwide Fixed Account and Sterling Capital Total Return Bond R6 on watch and voted to remove the Vanguard US Growth Adm Fund, replacing it with Fidelity Blue Chip Growth K; Nationwide will notify affected participants.
The Butte County 457 Deferred Compensation Committee voted Feb. 5 to place the Nationwide Fixed Account and the Sterling Capital Total Return Bond R6 on the committee's watchlist and to remove the Vanguard US Growth Adm Fund from the plan lineup, replacing it with Fidelity Blue Chip Growth K.
The committee's move to put the Nationwide Fixed Account on watch followed Hyas Group's recommendation that the account is trailing benchmark performance for the…
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