Harris Corp., Melbourne, Fla., added BlackRock's Strategic Completion Fund as an investment option in its $3.2 billion 401(k) plan, confirmed Patrick Baumann, assistant treasurer.
The fund was added to increase diversification and because it is relatively correlated to inflation, Mr. Baumann said in a telephone interview. The real assets fund has exposure to commodities, global real estate and TIPS.
The new fund gives the plan a total of 15 investment options.
