Close Close

Portfolio > Mutual Funds

R.I. Program Adds AEGON Stable Value Option

Your article was successfully shared with the contacts you provided.

NU Online News Service, March 25, 1:03 p.m. – Rhode Island has added a stable value investment option from AEGON Institutional Markets to its 529 college savings program.

Rhode Island will now offer the stable value option, the Principal-Protection Income Portfolio, as one of six core options.

The college savings program also offers nine customized mutual funds.

More on this topic

Stable value funds are funds that try to beat money-market returns with a very low risk investment strategy, usually by combining bond portfolios with wrapper contracts issued by insurance companies or banks.

AEGON Institutional is a unit of AEGON N.V., The Hague, Netherlands.