Money Market Funds

Get the Money Fund Advantage. If you're looking for a stable, short-term investment that makes sense, a money market fund may be the right choice for you.

Unlike other comparable investments, money funds give you daily earnings and daily liquidity. There are no locked-in periods of maturity, no minimum time your money must remain in the fund.

Your money is continually earning income in one of our money market funds where historically, rates have been higher than interest-bearing savings and checking accounts.

Plus, pooling your money with other investors gives you an edge. Money funds let you diversify your holdings and minimize the risk that comes with buying securities directly. That means a more stable, more liquid investment.

Choose the fund that best suits your needs or switch between funds as your investment goals change. There are no "loads" or transaction fees, so you can purchase and redeem shares at your convenience.

Money Market Funds

Money Funds	Objective	Prospectus
California Daily Tax Free Income Fund Class A	To seek as high a level of current income exempt from federal and California income taxes as is consistent with the preservation of capital and the maintenance of liquidity.
Daily Income Fund Money Market Portfolio, Institutional Service Class	To seek as high a level of current income as is consistent with the preservation of capital and the maintenance of liquidity.
Daily Income Fund Money Market Portfolio, Retail Class	To seek as high a level of current income as is consistent with the preservation of capital and the maintenance of liquidity.
Daily Income Fund Municipal Portfolio, Retail Class	To seek as high a level of tax-exempt current income to the extent consistent with the preservation of capital and the maintenance of liquidity.
Daily Income Fund U.S. Government Portfolio, Retail Class	To seek as high a level of current income as is consistent with the preservation of capital and the maintenance of liquidity.
Daily Income Fund U.S. Treasury Portfolio, Institutional Service Class	To seek as high a level of current income as is consistent with the preservation of capital and the maintenance of liquidity.
New York Daily Tax Free Income Fund Class A	To seek as high a level of current income exempt from federal and New York state and city income taxes as is consistent with the preservation of capital and the maintenance of liquidity.
Ohio Tax-Free Money Fund	To seek the highest level of current income exempt from federal and Ohio income taxes consistent with liquidity and stability of principal.

Our Money Fund Provider:

Reich & Tang is focused on providing money fund and cash management services to financial firms. For over 30 years, they have specialized in the investment of short-term liquid assets through a family of money market funds and similar portfolios. Reich & Tang is distinctly qualified to offer competitive, flexible and custom solutions to meet the needs of today’s financial intermediaries. Their investment philosophy is focused on safety and preservation of capital, and their investment choices are always based on credit quality, diversification and liquidity.

Reich & Tang is part of Natixis Global Asset Management, which provides the strength and stability associated with being one of the world’s largest money management organizations.

The Institutional Daily Income Fund/Money Market Portfolio and the Institutional Daily Income Fund/US Treasury Portfolio have an initial requirement of $1 million.

An investment in money market funds are not insured or guaranteed by FDIC or any other government agency. Although the funds seek to preserve the value of your investment at $1 per share, it is possible to lose money by investing in the funds. A portion of the income from tax-free funds may be subject to state and local taxes and if applicable, the Federal Alternative Minimum Tax (AMT).

Updated: 03/04/2010

© Copyright 1998-2010 Investrade Discount Securities, a division of Regal Securities, Inc. Member FINRA/SIPC

The information on this web site is for discussion and information purposes only. All accounts accepted at the discretion of Investrade which accepts customer orders only on an unsolicited basis, and does not make any recommendations regarding any security or securities product with the possible exception of orders executed by our full service bond desk. Nothing contained herein should be considered as an offer to buy or sell any security or securities product. Systems response and account times may vary due to market conditions, system performance, and other factors.