The KP Funds

Managed by  Callan

About the KP Retirement Path Funds

Which fund is right for me?

When deciding which KP Retirement Path Fund is right for you, consider choosing the fund with the target date closest to the year in which you will reach age 65. If you have already reached age 65, consider choosing the KP Retirement Path Retirement Income Fund. The table below provides you with a convenient tool to help you find the most appropriate fund for you.

While this is a good starting point, once you review the asset allocation of all the funds and all their respective glidepaths, you may decide to select a different target date fund or other investments more suited to your particular needs.

Because your situation could change over time, it is a good idea to periodically review the asset mix of your selected KP Retirement Path Fund to make sure it matches your goals and risk tolerance. You may change funds at any time.

Fund Target Age (as of 2019) Overall Risk Level
2065 17-21 Moderate–Aggressive
2060 22-26 Moderate–Aggressive
2055 27-31 Moderate–Aggressive
2050 32-36 Moderate–Aggressive
2045 37-41 Moderate–Aggressive
2040 42-46 Moderate–Aggressive
2035 47-51 Moderate–Aggressive
2030 52-56 Moderate
2025 57-61 Moderate
2020 62-66 Moderate
Retirement Income 67+ Conservative–Moderate

To determine if one of these funds is an appropriate investment for you, carefully consider the fund's investment objectives, risk factors, charges, and expenses before investing. This and other information may be found in the fund's summary and full prospectuses, which may be obtained by calling (855)4-KPFNDS or on this website. Please read the prospectus carefully before investing.

The KP Retirement Path Funds are mutual funds. They are part of The KP Funds Series Trust, an open-end management investment company that offers shares of diversified portfolios. The funds are advised by Callan LLC, a registered investment advisor. They are administered by SEI Investments Global Funds Services and distributed by SEI Investments Distribution Co., which are not affiliated with Callan.

Only participants in the Kaiser Permanente defined contribution plans can invest in the funds.

There can be no assurance that a Fund will achieve its stated objectives. An investor may experience losses, at any time, including near, at or after the Fund's target year. In addition, there is no guarantee that an investor's investment in the fund will provide any income at or through the years following the Fund's target year in amounts adequate to meet the investor's goals or retirement needs.

Investing involves risk including loss of principal. Bond and bond funds are subject to interest rate risk and will decline in value as interest rates rise. Mortgage-backed securities are subject to pre-payment and extension risk and therefore react differently to changes in interest rates than other bonds. Small movements in interest rates may quickly and significantly reduce the value of certain mortgage-backed securities. Non-investment grade bonds involve greater risks of default and are more volatile than investment grade securities, due to the speculative nature of the investment. International investments involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. These risks are heightened when investing in emerging markets or in a single state.

Currency risk is the risk that foreign currencies will decline in value relative to the U.S. dollar or, in the case of hedging positions, that the U.S. dollar will decline in value relative to the currency hedged. In either event, the dollar value of an investment in the Underlying Fund would be adversely affected. The use of leverage by the fund managers may accelerate the velocity of potential losses. Furthermore, the use of derivatives are often more volatile than other investments and magnify the Fund's gains or losses. Diversification does not protect against market loss.