This website and its contents are intended for use by retirement plan professionals,
including their representatives, advisors and consultants, and not for use by individual
retirement plan investors or the general public. Retirement plan professionals include
plan sponsors, other plan fiduciaries and plan administrators of eligible U.S. retirement
plans. Prudential Day One Funds are not mutual funds and are available exclusively
to eligible U.S. retirement plans either as insurance company separate accounts
or as collective investment trust funds. Investments in the funds may only be made
through such plans. This website is for informational purposes only and the material
included in it is not investment, tax or legal advice, nor is it an offer or solicitation
to the general public to sell or buy any investment product.
Prudential Day One Funds are offered in the following structures: (i) insurance company separate accounts available under group variable annuity contracts issued by Prudential Retirement Insurance and Annuity Company (PRIAC), Hartford, CT, a Prudential Financial company, and (ii) collective investment trust funds established by Prudential Trust Company, as trustee, a Pennsylvania Banking Corporation located in Scranton, PA, and a Prudential Financial company. Each of PRIAC and Prudential Trust Company is solely responsible for its own contractual obligations and financial condition. Offers of the collective investment trust funds may only be made by sales officers of Prudential Trust Company. PRIAC and Prudential Trust Company have each engaged Quantitative Management Associates LLC, an SEC registered investment adviser and a Prudential Financial company, to perform asset allocation and certain other services.
The Prudential Day One IncomeFlex Target® Funds were designed for use with Prudential IncomeFlex Target, an in-plan guaranteed retirement income product, and are available as insurance company separate accounts under group variable annuity contracts issued by Prudential Retirement Insurance and Annuity Company (PRIAC), Hartford, CT. PRIAC does not guarantee the investment performance or return on contributions to those separate accounts. PRIAC is solely responsible for its financial condition and contractual obligations. Availability and terms may vary by jurisdiction, subject to regulatory approvals. Guarantees are based on claims-paying ability of the insurance company and are subject to certain limitations, terms and conditions. Annuity contracts contain exclusions, limitations, reductions of benefits and terms for keeping them in force. Contract form #GA-2020-TGWB4-0805. For more information, participants should access the participant service center or call 1-877-778-2100 for a copy of the Prudential IncomeFlex Target Important Considerations before investing. PRIAC is a Prudential Financial company.
A target date fund should not be selected based solely on age or retirement date,
is not a guaranteed investment and the stated asset allocation may be subject to
As with all investments, there are a number of factors and risks to consider in
selecting a target date fund. In addition to anticipated retirement date, relevant
factors for Fund selection may include age, risk tolerance, other investments owned,
and planned withdrawals. In addition, participants should carefully consider the
investment objectives, risks, charges and expenses of any Fund before investing.
It is possible to lose money in a Fund—including near or following retirement—and
there is no guarantee that the Funds will provide adequate retirement income. Investments
in the Funds are not deposits or obligations of any bank and are not insured or
guaranteed by any governmental agency or instrumentality.
The Day One Funds, as insurance company separate accounts or collective investment trusts, are investment vehicles available only to qualified retirement plans, such as 401(k) plans and government plans, and their participants. Unlike mutual funds, the Day One Funds are exempt from Securities and Exchange Commission registration under both the Securities Act of 1933 and the Investment Company Act of 1940, but are subject to oversight by state banking or insurance regulators, as applicable. Therefore, investors are generally not entitled to the protections of the federal securities laws.
© 2016 Prudential Financial, Inc. and its related entities. Prudential, the Prudential logo, the Rock symbol, and Bring Your Challenges are service marks of Prudential Financial, Inc., and its related entities, registered in many jurisdictions worldwide.