FIXED INVESTMENT. an investment which guarantees principal and/or interest, a money market fund, or any other investment which could contain more than 50% short term debt securities. Instruments which provide for a guarantee of principal upon withdrawal include but are not limited to: group annuities and individual annuities which are invested in an insurer's general account, guaranteed investment contracts, bank certificates of deposit, and any other investment determined to be a Fixed Investment by Nationwide on the Effective Date or the date on which Investment Options are added to the Plan.
Appears in 19 contracts
Samples: Group Annuity Contract, Group Annuity Contract, Group Annuity Contract
