Guardian Investors Services, a subsidiary of
"We believe this fund will appeal to risk-averse investors who seek higher yields than are
The fund uses the Lehman Brother U.S. Government 1-3 Year Bond Index as its benchmark and invests primarily in short-term Treasuries, agencies, investment-grade corporate bonds, high-yield corporate bonds and mortgage-backed and asset-backed securities. The fund is managed by Howard W. Chin, who also manages Guardians Investment Quality Bond Fund and Bond Fund.
The new fund is being sold through financial advisors and the companys 401(k) program.