Whatever the "asset classes" are within your policy, all of the account options are either "actively managed" or "passively managed."

Actively managed account options

Actively managed account options pursue a strategy that uses available information and forecasting techniques to seek performance better than a portfolio that is simply diversified broadly. The account option manager attempts to provide value by meeting the account option's objectives while striving to maximize total return and manage risk.

Passively managed account options

Passively managed account options, or index account options, seek to duplicate the performance of a stated market index. The portfolio does not try to give greater total return than the index or provide risk lower than the index. These portfolios may buy all the securities contained in the index or may use sampling techniques that attempt to correspond with the index while holding a fraction of the securities in the index.

The information provided in the Investment Basics portion of this web site is presented for general educational purposes only and should not be construed as investment advice. Before investing and periodically thereafter, you should read the prospectus and consider additional research to ensure that your investments satisfy your goals and objectives.