Ford Motor Company is changing the names and/or fees in two of the Vanguard funds available in the Ford Retirement Plan (FRP), Savings and Stock Investment Plan (SSIP), and the Tax-Efficient Savings Plan for Hourly Employees (TESPHE).
These Vanguard funds are not changing their investment objective, strategies, or holdings. However, the new funds are collective trusts, not mutual funds. All balances in and investment elections to the current funds will be transferred to the new funds as of the close of business on September 27, 2016.
To discuss the new investment options or how these changes may impact your investment allocation, contact us toll-free at 1-866-444-6246.