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Voya Financial is excited to announce the introduction of a new Stable Value investment option known as the Voya Capital Preservation Fund hereafter referred to as Fund, a bank collective investment trust managed by Great Gray Trust Company, LLC. This new solution expands Voya's existing suite of Stable Value offerings and enhances its capabilities in providing participants with defined contribution plans access to competitive yields, stability, liquidity, and protection agnst market downturns.
The Fund is designed for 401a, 401k, and governmental 457b plan participants who are currently eligible for Stable Value as an investment option. It serves as a bank collective investment trust that prioritizes capital preservation alongside the potential to generate competitive returns, with volatility typically lower than its benchmarks.
Key features of the Fund include:
Principal Protection: The Fund is structured to safeguard participant investments from financial losses during periods of rising interest rates.
Competitive Yields and Low Volatility: med at providing steady returns while mntning low risk compared to market fluctuations.
Dly Liquidity: Ensuring that participants can access their funds whenever needed.
Short Duration Risk Management: The Fund is designed with a short duration profile, which helps in mitigating exposure to falling markets and facilitates most full plan withdrawals through a 12-month put provision at book value.
Voya's focus on Stable Value solutions has been recognized over the past four decades for their commitment to capital preservation, liquidity, and steady returns. The company remns a leader with approximately $40 billion in total assets under management and administration across its Stable Value separate account and synthetic accounts. This makes Voya Financial an industry pioneer focused on delivering benefits, savings, and investment solutions through workplace platforms.
We recognize the growing importance of Stable Value investments for defined contribution plan participants, sd Doug Murray, Senior Vice President of Wealth Solutions Distribution and Client Engagement at Voya Financial. By launching the Voya Capital Preservation Fund, we are aligning with this critical need during a time when market conditions can significantly impact retirement savings.
The introduction of the Fund represents Voya's commitment to providing comprehensive financial solutions tlored to individual needs, ming to guide participants toward achieving financial confidence and fulfilling their life aspirations.
Investments in the Fund carry certn risks. Potential investors should carefully consider the investment objectives, risks, fees, and expenses before investing.
that this information is subject to change without notice and should not be construed as an offer or solicitation to buy any securities of any particular fund.
**Voya Financial, Inc. NYSE: VOYA, is a premier company offering products, solutions, and technologies med at achieving financial confidence for its diverse client base of approximately 9,000 employees worldwide. With nearly 15 million individual clients, workplace partners, and institutional investors, Voya Financial serve as the trusted resource in the journey toward well-planned, well-invested, and well-protected financial futures. Through Benefitfocus, a company within the Voya family, it exts its reach into the U.S., engaging with over 12 million employees through workplace benefits and savings platforms.
Voya Financial is committed to socially responsible business practices as recognized by various external certifications and awards:
Certified as one of the World's Most Ethical Companies? by Ethisphere
Member in the Bloomberg Ger-Equality Index
A Best Place to Work for Disability Inclusion according to the Disability Equality Index
To learn more, visit Voya's official website or follow them on social media platforms such as Facebook, LinkedIn, and Instagram.**
Voya Financial Media Contact: Kris Kagel, 201 221-6534, [email protected]
Source: Voya Financial, Inc.
This article is reproduced from: https://www.voya.com/news/2024/07/voya-enhances-stable-value-solution-suite-new-capital-preservation-fund
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