Kemper Retirement Plans has added new mutual funds to its investment options for its plan sponsor clients. From inside the firm, the new additions include the Scudder Growth and Income Fund (
SCDGX), the Scudder International Fund
(
SCINX), and the Scudder Large Company Growth Fund (
SCQGX). These funds have also created a new share class exclusively for retirement plans.
"As plan participants have become more sophisticated investors, they are looking for retirement plans that offer a range of investment options, not simply a few basic investment options. As a result, plan sponsor interest in multi-manager plans has also increased," said
Tom Bruns, president.
The vendor is also adding funds from such firms as
Founders,
American Century,
Janus, and
Strong Capital Management. "Outside funds allow us to expand our offerings with investment options that have admirable track records and excellent performance potential, which is an integral component of qualified plans," added Bruns.
Share classes of the Scudder funds now open to retirement plans will be designated as "R" class.
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