What the Stable Value!
Across
- 5. The rate credited to participants’ accounts
- 8. The $1 value at which participants transact in a stable value fund
- 9. In compliment to participation agreements, this document governs a pooled CIT stable value fund
- 15. The company responsible for custody and trust oversight
- 16. The organization that issues the group annuity contract
- 17. Underlying asset category providing income in the portfolio
- 18. A feature and objective ensuring fund-level protection for participant transactions
- 19. Insurance protection guaranteeing book value withdrawals
- 20. The process of spreading gains or losses over time
Down
- 1. Contract provision requiring notice before plan-level withdrawals
- 2. Primary goal of a stable value fund
- 3. The ratio comparing market value to book value
- 4. Daily access to participant funds
- 6. The measure of how sensitive a bond's price is to changes in interest rates
- 7. Short-term restriction preventing direct transfers to competing funds
- 10. Investment vehicle type often used for stable value funds
- 11. Short-term fund used as a capital preservation alternative
- 12. A professional responsible for managing the fund’s investments
- 13. A feature and objective of smoothing participant returns despite market changes
- 14. Type of securities commonly held in stable value portfolios