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Stable Value Funds Make Hay Off Puny Money Fund Rates
"...will beat money market returns by 150 to 200 basis points"
And that is significant in this low return environment. Unfortunately, stable value funds are not available to retail investors outside of 401(K) plans. Pimco's new stable value offering may be an interesting vehicle for many.
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And that is significant in this low return environment. Unfortunately, stable value funds are not available to retail investors outside of 401(K) plans. Pimco's new stable value offering may be an interesting vehicle for many.