The Guardian Insurance & Annuity Company (GIAC) has announced the addition of Federated Investors’ Capital Preservation Fund to The Guardian Choice and The Guardian Advantage fund lineups. By including the fund in these retirement products, GIAC is aiming to provide new investment options and an expanded breadth of asset classes for plan sponsors and participants who utilize GIAC's group retirement products as the funding vehicle for their qualified plans.
Federated Investors’ Capital Preservation Fund is a stable value fund aimed at preserving principal and generating high current income by investing in guaranteed investment contracts, money market mutual funds and other stable value products. Stable value funds are an increasingly attractive asset class for 401k plan participants who seek preservation of principal, particularly in a turbulent market environment.
