Thanks Brewer.
The Stable Value Fund investment description:
The fund invests in stable value investment contracts ("Contracts") issued by a diversified group of high-quality insurance companies, banks, and other financial institutions, and a variety of fixed income instruments including U.S. Government and agency securities, mortgage-backed securities, asset-backed securities, corporate bonds, and interest rate futures and options. The fund also maintains an allocation to a money market fund to help meet daily liquidity requirements. Unit price, yield, and return will vary.
Performance history:
YTD (Daily)* +0.71% 1 Yr +2.42% 3 Yr +2.91% 5 Yr +3.09% 10 Yr +3.92%
Thoughts?
ETA: Would you view this a temporary allocation until the interest rates normalize or should I be looking at this as a good long term diversification tool?