April 12, 2010
Changes to Your Retirement Plan’s Investment Options
Announcing 401(k) Changes
DriveTime 401(k) Plan is excited to announce that a new investment option has been added to your plan – the Fidelity Managed Income Portfolio . A fact sheet for the Fidelity Managed Income Portfolio is attached to this email. For additional information about this new investment option or for other questions about your account, please log on to Fidelity NetBenefitsÒ at www.401k.com or call a Fidelity representative at 1-800-835-5097.
Please note the following information regarding this new option:
1. The Fidelity Managed Income Portfolio is a stable value fund (not a mutual fund). It is a commingled pool of the Fidelity Group Trust for Employee Benefit Plans and is managed by Fidelity Management Trust Company (FMTC).
2. The managers of the fund seek to preserve your principal investment while earning interest income. The fund tries to maintain a stable $1 unit price, but it cannot guarantee that it will be able to do so. The yield of the fund will fluctuate.
3. This fund may be appropriate for the following types of investors:
· Someone who wants to try for a slightly higher yield than is offered by money market funds and who is willing to accept slightly more investment risk.
· Someone who is interested in balancing an aggressive portfolio with an investment that seeks to provide stability of price.
4. The Fidelity Managed Income Portfolio is not insured or guaranteed by FMTC, the plan sponsor, the FDIC or any other government agency.
5. There are restrictions placed on a participant’s ability to switch back and forth between the Fidelity Managed Income Portfolio and the Fidelity Money Market Fund. If a participant transfers from the Fidelity Money Market Fund into the Fidelity Managed Income Portfolio, the participant cannot transfer funds back into the Fidelity Money Market Fund for a period of 90 days.