These accounts are subject to certain withdrawal restrictions. Security A general term that refers to stocks, bonds and other types of investments. Separately Managed Account A separately managed account is an investment pool similar to a mutual fund where shareholders invest with a common objective. Short-Term Securities IOUs issued by government organizations or corporations that are scheduled to be paid back in a short period of time, usually less than thirteen months. An annuity which provides income only during the annuitant's lifetime.
All benefits end when the annuitant dies, even if there is a surviving spouse.
Stable Value Fund A fund that seeks to preserve your principal investment and generate a stable rate of return by investing in a diversified portfolio of investment contracts. Stock A stock represents ownership in a corporation. You are subject to risk that the market price of the stock will fall or that dividends may not be paid. Value Fund A fund containing securities bought and sold on the basis of the value of the firms' assets. For example, a value manager may look for a stock in which current assets exceed total liabilities on a per-share basis by more than the market price of the stock.