ANCHORAGE, Alaska — The Anchorage Municipal Deferred Compensation Plan will add the Dreyfus Midcap Index fund and drop the Strong Opportunity fund as investment options in the $150 million 457 plan, said Daniel Moore, municipality treasurer. The Strong fund, on watch since December, was dropped because of the market-timing investigation into Strong Capital, Mr. Moore said. Callan Associates assisted. The plan offers 16 investment options.
Drew Wineland, spokesman for Strong, declined to comment.