|
Home > Library > Stable Times > Volume 3, Issue 4

The quarterly publication of the Stable Value Investment Association
Fourth Quarter 1999 • Volume 3 Issue 4
"Stable Value - Better than Ever"
By Janet Jasin Quarberg, Hueler Companies
The performance of the Hueler
Stable Value Index continues to surpass that of both the Lipper Money
Market Average and the Lehman Int. Gov/Corp Index on a one and three year
basis. Stable value has outperformed Money Markets by more than 100 basis
points annually over the past one, three and five year periods. Bonds
have had a difficult year, reporting a .63% one year return compared to
Stable Value's 6.22% more than a 5.50% difference.
Volatility gap for the indices
continues to widen. Over the past five years, the standard deviation for
the Money Market and Stable Value Indices are almost exactly the same,
hovering at 11 and 18 basis points respectively. While for the same time
period, the Lehman Intermediate Gov/Corp shows significant volatility
at 435 basis points.


Read Next: SVIA Board Changes
|
|