Every business day, each of the four Capital Guarantee Funds reports a 'Net Unit Value' (NUV), representing the current value of the investment.
According to Sleyster, the benefits of the Capital Guarantee Funds extend beyond principal protection, growth potential and investment-gain guarantees.
We believe the Capital Guarantee Funds provide a compelling foundation for retirement portfolios by offering a distinctive combination of principal protection and growth potential built right into a single investment vehicle," Sleyster said.
Capital Guarantee Funds are a part of this Secure Retirement approach, since these Funds can help defined contribution participants enjoy growth potential and manage investment risk.
The design shift from defined benefit to defined contribution has transferred investment risk from the plan sponsor to plan participants, and our Capital Guarantee Funds allow DC participants, particularly pre-retirees who fear the risk of loss associated with owning equity securities, to participate in the potential benefits of owning equity securities without risking any loss of principal as they approach retirement," Sleyster said.