If
an asset in a stable value fund defaults, the fund will likely temporarily suspend withdrawals while it pursues one or two courses of action.
Not exact matches
J.P. Morgan has agreed to pay $ 75 million to settle litigation alleging it invested its
stable value funds in risky
assets, causing losses to retirement plan participants.
In the Chevron and Fidelity cases stable value fund use as opposed to money market fund use was questioned; a case against Intel filed last year included an allegation of too many nontraditional assets in its target - date fund (TDF) offerings; and the Johnson case challenged the use of custom TDF
In the Chevron and Fidelity cases
stable value fund use as opposed to money market
fund use was questioned; a case against Intel filed last year included an allegation of too many nontraditional
assets in its target - date fund (TDF) offerings; and the Johnson case challenged the use of custom TDF
in its target - date
fund (TDF) offerings; and the Johnson case challenged the use of custom TDFs.
Stable Value Funds often invest in AAA securities (some are solely invested in AAA securities), and some funds will have above - average exposure to securities credit - wrapped by the financial guarantors, and possibly, to some asset - backed securities that were rated AAA at issue, but don't deserve that rating
Funds often invest
in AAA securities (some are solely invested
in AAA securities), and some
funds will have above - average exposure to securities credit - wrapped by the financial guarantors, and possibly, to some asset - backed securities that were rated AAA at issue, but don't deserve that rating
funds will have above - average exposure to securities credit - wrapped by the financial guarantors, and possibly, to some
asset - backed securities that were rated AAA at issue, but don't deserve that rating now.
At the end of 2008, I had over 40 % of my
assets outside of stock market - this includes
stable value fund in 401K, cash / CDs and bonds.
For
asset classes with the most inflows, GIC /
stable value funds came
in first with $ 255 million, followed by money market
funds ($ 100 million) and small U.S. equity
funds ($ 56 million).
Keeping
in mind her discomfort with risk and the probability that she will need her money to help her mother, Judy decided on the following
asset allocation: 40 % stock
funds, 40 % bond
funds, plus 20 %
in guaranteed investment certificates (GICs) or
stable value funds.
Since a mutual
fund's net
asset value (NAV) is based on the total
value of its entire portfolio, less expenses, and since the
value of any stock investment is not affected by a split, the
value of a mutual
fund remains
stable when a stock
in its portfolio splits.
In the United States, money market funds sold to retail investors and those investing in government securities may maintain a stable net asset value of $ 1 per share, when they comply with certain condition
In the United States, money market
funds sold to retail investors and those investing
in government securities may maintain a stable net asset value of $ 1 per share, when they comply with certain condition
in government securities may maintain a
stable net
asset value of $ 1 per share, when they comply with certain conditions.