Re: GIC - Stable Value fund
In The Federal Govt TSP retirement plan there is a G Fund which only holds short term (overnight) Govt bonds, it cannot lose money. I have come to appreciate this fund more as I learn more about financial issues. This fund sounds a lot like a stable value fund functionally. As I understand this fund it really helps your portfolio reduce volitility. So if you had selected an AA of 70% equities/30% bonds then you might be able to go say 80% or 90% equities and 20% 0r 10% G/stable value fund as over time the return would be better at the same level of volitility/risk.
Old men ought to be explorers