Allison Transmission has announced fund changes that impact the Allison Transmission Salaried Employee Retirement Savings Plan and Allison Transmission Hourly Employee Savings Plan (“the plans”). Beginning July 11, 2012 Templeton Institutional Foreign Smaller Companies Series Advisor was added to the fund lineup.
Effective July 11, 2012 Royce Value Plus Fund Institutional Class was removed from the plans and all existing balances in, and future contributions and loan repayments allocated to this fund were transferred to the Loomis Sayles Small Capital Value Fund Institutional Class, unless otherwise directed.
Also, effective July 11, 2012 Fidelity Stock Selector Small Cap Fund was frozen and closed to new investments. As of the market close on October 10, 2012 all remaining investments in the Stock Selector Small Cap Fund will be transferred to the Loomis Sayles Small Capital Value Fund Institutional Class unless otherwise directed. The Stock Selector Small Capital Fund will then be removed from the fund lineup.