GuideStone Funds announced Sept. 1 the addition of the Defensive Market Strategies Fund to its lineup.
The new fund is intended to serve GuideStone participants by offering an investment that seeks to achieve long-term returns consistent with the equity (stock) market but with less fluctuation when compared to the overall market.
The fund will be part of two GuideStone Asset Allocation Funds: the Conservative Allocation Fund and the Balanced Allocation Fund. It also will be part of the MyDestination Funds, which become more conservative as the target date approaches. At its launch, the fund will be part of the MyDestination 2005, 2015 and 2025 funds.
It is also available for direct investment. Participants who want to determine if the fund is an appropriate part of their retirement investment portfolio can access GuideStone’s free financial advice tool, GPS: Guided Planning Services. Participants can access it by logging in to their accounts at www.MyGuideStone.org or by setting up an appointment by calling 1-888-98-GUIDE (1-888-984-8433).
“GuideStone is privileged to once again enhance our fund selection for the benefit of our valued participants,” said John Jones, chief operating officer of GuideStone Financial Resources and president of GuideStone Funds.
Investors can review the Fund Fact Sheet at www.GuideStoneFunds.org/Funds. (GuideStone)
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