Bob Brinker: Market Savant & Radio Host Message Board

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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Dogbert who wrote (1071)	7/28/1997 9:21:00 PM
From: Joe Basile	of 42834

That's a great question. This fund is one that is provided as a choice in my 401K program. It is only available to Kodak employees and retirees. Not only does it provide an excellent rate of return (that would be 8.3% currently), but the capital does not appreciate/depreciate with the rise and fall of interest rates. The fund invests primarily in contracts with insurance companies. These contracts are required to have a rating of AA- or better. None is invested in government securities. The rate of return on the fund has been gradually decreasing, and is antcipated to be around 7.1% by the year 2000. Four of the top 5 contracts (32 contracts total)are with John Hancock with maturities of 1999 (average). Check these yields: 10.10%, 9.79%, 9.51%, 9.42%, and 9.42. I am very pleased to have this fund as an option. Heck, 8.3% risk free, tough to beat. We also have around 30 mutual funds (some loaded but the loads are waived for plan participants) to choose from including the indexes. By the way, Kodak stock (EK) is an option too. I'm very glad it's an option I have stayed away from lately...check that chart sometime if your bored. See ya. Regards Joe

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