Pan-American Beefs Up 401(k) Plan Fund Lineup

March 25, 2003 ( - 401(k) plan sponsor clients of Pan-American Life can now choose their fund lineup from a broader menu of investment offerings.

Pan-American announced that it had added four mutual funds:

  • Vanguard GNMA – domestic taxable fixed income
  • BNY Hamilton – small-cap growth
  • Mutual European A – regional equity
  • Oppenheimer Global A, – international equity

The company said it decided to add the funds after consulting with Standard & Poor’s, which evaluates funds on a number of factors including category performance, style consistency, fund management, and risk adjusted returns. Pan-American said it might add nine more funds in the near future.

The company’s 401(k) clients can select up to 20 of Pan-American’s 80 recommended funds, according to the announcement.