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(cross posted from Investing Beginners; this board seems like the place for me to have posted it first.)

There is a mutual fund I've been using for years to save for kids college (which is now about 4 years off). Since the market dropped in recent months, I see the total value went with it. I plan to wait a bit for it to build some value again with any market recovery, but then want to pull it all and place it in a holding pattern for a few years as college approaches. Could anyone provide a recommendation as to where? Safety and preservation of the amount is key, but since college costs go up about 7% per year, I would want a stable or increasing, high interest rate for the next few years.

Any ideas?

Thank you,
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