Founded in 1990 with just two investment options, the fund company has expanded and now offers eight funds, providing for broad diversification by asset class.
- No-load funds—100 percent of the money you invest goes to work for you. No sales charges.
- Low cost: According to Morningstar, fund expense ratios are in line with or below their peer group averages.
- Publicly traded: You don’t have to be affiliated with NRECA or a member co-op to invest. Friends and family are welcome.
Cooperative Benefit Plans
Homestead Funds’ client services associates are here to assist you in managing any of the employer-owned accounts your organization has invested in Homestead Funds, including FAS-106 Trust, deferred compensation and corporate accounts.
- FAS-106 Trust Accounts: Establish an account to cover future retiree medical costs.
- Deferred Compensation Plan Accounts: Use Homestead Funds as the funding vehicles for these plans. Designed to help members attract, retain and compensate directors, CEOs and key employees.
Rollovers to a Traditional or Roth IRA
Homestead Funds welcomes rollovers from NRECA’s 401(k) and RS Plans. For any of your employees who select Homestead Funds as their rollover destination, we can help you both understand the rollover process and assist with the paperwork. Just call 800.258.3030 any weekday between 8:30 a.m. and 5:00 p.m. ET. Employees can read more about Rollover IRAs here.
Setting up a corporate account with Homestead Funds is an easy way for cooperatives to invest unclaimed capital credits, endow scholarship programs and manage cash flows. Instructions to open a new account with Homestead Funds are on this website. Or give us a call at 800.258.3030.
We can help your employees invest throughout their working careers — personal savings are an important source of income in retirement — or design a portfolio to meet specific objectives.
Find more information about co-op benefit plan administration on these website pages.
Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk.