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In this Discussion

  • Jan August 2020
  • Mark August 2020
  • msf August 2020
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GAEG - NYL Anchor

Can anyone explain what exactly this fund is? I don't fully understand it.
I invested 25% of in it a couple of years ago because I was told it was one of the safest funds in my companies 401k offerings. The only other relatively semi safe funds offered are FXNAX and MWTSX. I have 25% in the former and the remaining 50% in CDs in IRA's.
I am still working at 68and will continue (knock on wood). I want to preserve what I have if possible.
Is this fund as safe as CD's?

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