June 1st 2017 update: The S-Fund has continued to move sideways since early March and is severely lagging the C-Fund. In a healthy market the S-Fund should be outperforming the C-Fund by a considerable margin. A 7-10% is still a strong possibility.
The S Fund’s investment objective is to match the performance of the Dow Jones U.S. Completion Total Stock Market Index, a broad market index made up of stocks of U.S. companies not included in the S&P 500 Index. The S-Fund is invested in small to mid-sized U.S. companies.