The SURS Lifetime Income Strategy (LIS) is a professionally managed target-date portfolio that adjusts its investment mix to become more conservative as you age. During your saving years, when you are building your retirement wealth, the SURS Lifetime Income Strategy invests in four investment portfolios:
- SURS LIS Stock Portfolio
- SURS LIS Bond Portfolio
- SURS LIS Real Asset Portfolio
- SURS LIS Cash Portfolio
The allocation to each portfolio automatically adjusts overtime to maintain an appropriate investment mix, just like a target-date fund. The underlying funds for the Stock, Bond, and Real
Asset Portfolios are comprised of low-cost index funds which are also available on the core investment lineup.
When you are approximately 15 years away from retirement and if you are vested, you will gradually begin investing a portion of your current and future balances into the Secure Income Portfolio. The assets in the Secure Income Portfolio are invested in a passive, index-managed fund composed of 50% stocks and 50% bonds.
For a general overview of the SURS Lifetime Income Strategy, please refer to the LIS Brochure and for specifics on the underlying investments of the SURS Lifetime Income Strategy, please refer to the Investment Options Guide.