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Home > Library > Stable Times > Volume 7, Issue 1  

Newsletter - Stable Times
The quarterly publication of the Stable Value Investment Association
First Quarter 2003 • Volume 7 Issue 1

Positive Stable Value Cash Flow Trend in 2002


By Kathleen Schillo, Hueler Companies

The Stable Value separate account market segment which is represented by the FIRSTSource market reports shows that the average cash flow for three out of the four quarters in 2002 was positive. The average was highest in third quarter 2002 with the positive trend remaining throughout the end of the year.

FIRSTSource Market Data: 4th Qtr. 2002
%
3rd Qtr. 2002
%
2nd Qtr. 2002
%
1st Qtr. 2002
%
4th Qtr. 2001
%
3rd Qtr. 2001
%
2nd Qtr. 2001
%
1st Qtr. 2001
%
4th Qtr. 2000
%
95% 9.67 10.26 6.13 5.06 4.15 9.62 3.46 10.08 6.63
75% 2.84 5.66 2.59 1.27 0.45 4.65 0.41 5.15 0.91
Average 2.01 3.45 1.09 -0.24 -0.81 2.80 -0.81 2.67 -0.73
25% 0.20 0.90 -0.42 -1.81 -2.43 0.66 -2.51 0.28 -2.58
5% -1.61 -1.18 -3.29 -5.24 -4.68 -2.17 -4.92 -4.93 -8.07

FIRSTSource market reports encompasses approximately 300 plans across 15 investment managers with over $300 billion in plan assets and $95 billion in Stable Value assets.

 

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