Wyoming Retirement System, Cheyenne, is adding the J.P. Morgan Prime Money Market Fund as an investment option in its $390 million 457 plan on May 15, confirmed Polly Scott, communications and deferred compensation plan manager.
The retirement system is replacing the Dreyfus Money Market Fund in an effort to reduce investment fees, Ms. Scott said.
The system is also switching to the institutional versions of the Artisan Mid Cap Fund and Artisan International Fund to lower investment fees.