You Can’t Always Get What You Want – But If You Make Other People Wait 24 Months You May Get What You Need

The crux of the unhappiness of the wrap providers is, in their view, forcing a plan to wait a year to withdraw its funds intact from Stable Value Fund ABC isn’t equitable with the interest rate risk being taken by the fund (a 12-month put doesn’t match the potential of a 3% loss of principal).