Money Market Funds
Money Market Funds are open-end mutual funds, which invest only in money markets, can be taxable or tax-exempt and are often used by financial institutions to store money that is not currently invested. These funds invest in short term (one day to one year) debt obligations such as Treasury bills, certificates of deposit, and commercial paper. The main goal is the preservation of principal, accompanied by modest dividends. The fund's net asset value remains a constant $1 per share but the interest rates fluctuate.
Clients may choose from domestic taxable or nontaxable, institutional, and offshore funds allowing investment in the fund that best suits their individual needs. Available cash balances are automatically swept into the client's money market account to maintain liquidity while potentially earning interest.
- California Daily Tax Free Income Fund, Class A
- Daily Income Fund Money Market Portfolio, Institutional Service Class
- Daily Income Fund Money Market Portfolio, Retail Class
- Daily Income Fund Municipal Portfolio, Retail Class
- Daily Income Fund U.S. Government Portfolio, Retail Class
- Daily Income Fund U.S. Treasury Portfolio, Institutional Service Class
- New York Daily Tax Free Income Fund, Class A
- Ohio Tax Free Money Fund
Investors should carefully consider the objectives, risks, charges and expenses of an investment company before investing. For more complete information, investors should carefully read the prospectus associated with their investment for additional information. A prospectus may be accessed through this web site, contacting your financial representative or by calling 1-800-538-0597.
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).
The fund presented on this page are for informational purposes only and are not to be construed as preferring one fund over another or as advice to purchase any fund. Prudent investors will obtain and read the Prospectus for each fund.
Regal Securities is a registered broker-dealer, not a bank and the cash management services associated with your money market account are not a bank account. Banking services are provided by licensed banks or by third parties through arrangements with licensed banks. Unless otherwise indicated, investment products are not FDIC-insured, not guaranteed by a bank and may lose value.