The fund's goals are preservation of capital, liquidity, and, consistent with these, the highest possible current income.
The fund is a government money market fund managed in compliance with Rule 2a-7 under the Investment Company Act of 1940 to provide a stable share price of $1.00 by investing in only U.S. dollar-denominated money market securities. All the securities held by the fund will mature in 397 days or less, and its weighted average maturity will not exceed 60 days.
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You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund's sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time.