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Last Updated:
09/03/2010
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Home >> Investment Options
>> Fixed Interest Account |
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Fixed Interest Account |
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This Account is designed to maintain the value of a participant's original investment and to provide
competitive returns using somewhat longer-term securities than typically found in a money market-type
account. The assets in the Account are invested in a well-diversified portfolio of high quality fixed
income securities with strong credit ratings. The Account also invests in contracts issued by highly
rated insurance companies and banks which are structured to provide principal protection for the
Account's diversified bond portfolios, regardless of daily market changes. The share value reflects
the blended crediting rate available from all investments in the Account. Due to the nature of the
investments, returns change only modestly from period-to-period.
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