The Guaranteed Fixed Interest Fund is designed to provide plan participants with a guaranteed return of principal, along with competitive crediting rates and full liquidity. The investment is currently managed by The Standard utilizing their stable value solution for qualified account types only. The fund’s conservative, risk-controlled approach and full guarantee of principle and interest is backed by the claims-paying ability of Standard Insurance Company and is an attractive solution for retirement plan participants seeking safety, liquidity and yield.
The GWN Fixed Interest Account offers the following benefits:
The interest rate is announced in advance and locked in for the calendar quarter.
The interest rate is guaranteed never to be less than 1 percent. This is guaranteed for the life of the contract.
All principal and accumulated interest are fully guaranteed to participants by Standard Insurance Company.
Participant withdrawals and transfers are permitted daily at book value, regardless of market conditions.
The guaranteed rate is supported by a portfolio of high-quality, publicly traded bonds plus commercial mortgages within Standard Insurance Company's general account.
Qualified accounts only
50 bps trail across the grid