![Stock Market Quotes](https://static.wixstatic.com/media/68c25a2fb009425c92b2fe0c2364fb59.jpg/v1/fill/w_1299,h_516,al_c,q_85,usm_0.66_1.00_0.01,enc_auto/Stock%20Market%20Quotes.jpg)
Variable Fund
The investment objective for the Variable Fund is to achieve returns equal to or above that of similar stock portfolios over a market cycle. If you are considering whether to pick the Variable Fund option, here is some information that should be helpful.
-
Variable Fund is only invested in domestic and international stocks. These are the same stocks selected for the Core Fund.
-
Variable Fund returns are not smoothed while Core Fund returns are.
-
Participants in the Variable Fund are exposed to a higher degree of risk because of possible losses from unfavorable stock market performance in exchange for the possibility of greater long-run returns.
-
It is possible for the Variable Fund portion of your benefit to decrease below the initial base amount you receive at retirement
![Variable Fund Pie Chart.png](https://static.wixstatic.com/media/119a78_66b63e3d375445cfabb6ddabd0f4304f~mv2.png/v1/fill/w_70,h_52,al_c,q_85,usm_0.66_1.00_0.01,blur_2,enc_auto/Variable%20Fund%20Pie%20Chart.png)
RELATED INFORMATION
The effect of investment returns on employee accounts and benefits for retirees differs between the Variable and Core Funds. Click here for performance information.