Visteon has announced changes that will impact the Visteon Investment Plan (VIP). Effective July 17, 2017, two funds will be removed as investment options under the VIP and a new fund will be added to the line-up.
Transfers out of the closing funds must be complete by market close on July 17th or balances will automatically transfer to an alternative fund in the plan.
Also effective July 17, 2017, the share class of three investment options offered will change to a new share class with lower overall expenses. The new share class options will have the same investment strategy and risk as that of the options being replaced.
To discuss these changes to the Visteon 401(k) plan and how this may impact your current portfolio allocation, do not hesitate to contact us toll-free at 1-866-444-6246.