Financial: State Farm Mutual Funds®
Whether you are planning for retirement, investing for education or just saving in general, State Farm offers a wide variety of employee Mutual Funds choices that may help you achieve your goals. As part of the Total Rewards package, you are eligible to purchase State Farm Associate Mutual Funds and Retail Mutual Funds without a sales charge.
There are four Associate Mutual Funds, which have been available to employees, agents, and qualified family members since 1968. You will be able to find more information on these funds on the State Farm intranet site once you begin your employment.
In 2001, State Farm began offering shares of Retail Mutual Funds to the general public. State Farm employees, agents and qualified family members may purchase these funds, without sales charges and at Net Asset Value (NAV)1. For more information on these 15 funds, visit statefarm.com® and select Finances - Mutual Funds.
Mutual Fund Benefits
There are many benefits associated with purchasing Mutual Funds as an employee, agent or qualified family member2:
- No initial sales charge.
- Contributions can be made by check, through payroll deduction or by automatic withdrawals from a checking or savings account.
- Account details can be viewed and transactions can be performed through statefarm.com®.
- The Mutual Funds Response Center (MFRC) is available for assistance. (Associate Funds at 1-800-447-0740 and Retail Funds at 1-800-447-4930.)
Keep in mind, there are expenses associated with both the Associate and Retail Mutual Funds. For more information regarding expenses, visit the site stated above.
Automatic investment plans do not assure a profit or protect against loss.
1NAV is calculated by adding all of the assets of a Fund, subtracting the Fund's liabilities, then dividing by the number of outstanding shares.
2Qualified family members include spouses, parents, grandparents, great-grandparents, children, grandchildren, great-grandchildren, step relatives (stepparent, stepchild, etc.), and court-appointed foster children.
Before investing, consider the funds' investment objectives, risks, charges and expenses. Contact State Farm VP Management Corp., (Retail 1-800-447-4930; Associate 1-800-447-0740) for a prospectus or summary prospectus containing this and other information. Read it carefully.
Securities are not FDIC insured, are not bank guaranteed and are subject to investment risk, including possible loss of principal.
Neither State Farm nor its agents provide tax or legal advice.