Re: any protection for 401k monies?

Elizabeth Richardson wrote:

> "Jane" <googlemail2003@[EMAIL PROTECTED]
> wrote in message
> 
> 
>>90% of our savings is in a 401k.  A very large ****tion is in the "John
>>Hancock Fixed Income Fund".  Is there any protection for this money?
>>I'm not talking about protection against a drop in the interest rate,
>>I mean if JH goes down the tubes does our money go with it?
>>
> 
> 
> You asked this same question in March 2007. The consensus as that time
was 
> that you are in no danger. Have things changed that you know about?
> 
> Elizabeth Richardson

Elizabeth, 'fixed income' is too generic for me to be comfortable with 
your response. Given the events of the last few months, I'd not offer 
any confidence level without knowing the make up of that fund.
So far, I am unable to find that detail, and surmise that this fund is 
an institutional fund sold to 401(k) clients.
Joe

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