The fund's goals are preservation of capital, liquidity, and, consistent with these, the highest possible current income.
The fund invests in high-quality, short-term securities with maturities of 13 months or less.
The fund may be appropriate if stability and accessibility of your investment are more important than total return or capital growth over time. The fund can be used in both regular and tax-deferred accounts, such as IRAs, but should not represent your complete investment program.
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The fund offers a relatively secure, liquid investment for money you may need for occasional or unexpected expenses and for money awaiting investment in longer-term bond or stock funds. In addition to preserving capital, the fund seeks to provide the highest possible income available from low-risk, short-term securities.
An investment in the fund is not insured or guaranteed by the FDIC or any other government agency. Although the fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund.