Visteon has again announced changes to several investment options in the Visteon Investment Plan (VIP). These new investment options will provide similar investment strategies and risks, but the overall expenses for the investment options will be lower. The Plan had similar changes to several funds in April 2011. These changes are effective as of the close of business on January 30, 2013.
Mainstay Capital Management’s CEO, David Kudla, has spoken and is published on the subject of reducing fees (internal expense ratios) for investment options within 401(k) plans. For further insight read his article penned for Forbes, "Why Investment Choices In Your 401(k) Might Change", or contact Mainstay toll-free at 1-866-444-6246 to discuss the impact these changes may have on your portfolio.