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Re: Why Vanguard does not offer a stable value fund?
Old 02-04-2007, 04:15 PM   #4
Thinks s/he gets paid by the post
 
Join Date: May 2005
Posts: 3,657
The stable value funds are mostly issued by insurance companies...

The difference with MM is that it is a variable rate... all the stable value funds I saw reset their rates each year.... you KNOW the rate you are getting... like a one year CD, but at a higher rate...

Vanguard does not offer this because they don't take 'risks'.. this is what banks and insurance companies do....
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