Common use of Money Fund Risks Clause in Contracts

Money Fund Risks. Money Funds are securities that may increase or decrease in value. In general, Money Funds are designed and managed with the objective of preservation of capital and maintenance of liquidity, but unlike bank deposits, an investment in a Money Fund is not insured by the FDIC or any other government agency, and there can be no assurance that such funds will be able to maintain a stable net asset value of $1 per share. It is possible to lose money by investing in a Money Fund, including loss of principal. In addition, certain Money Funds may temporarily suspend your ability to sell shares if the fund’s liquidity falls below required minimums because of market conditions or other factors. Securities in your brokerage account are eligible for protection by the Securities Investor Protection Corporation (“SIPC”) up to a maximum of $500,000 per customer (including a maximum of $250,000 for uninvested cash held in the brokerage account). Note that SIPC does not insure against the loss of value of any investment or product. You should carefully consider the investment objectives, risks, charges and expenses of Money Funds before investing. The prospectus of a Money Fund contains important information on the Fund. For more complete information about the Money Funds available under the Program, contact your Investment Advisor or view the Money Fund list on the Website.

Appears in 10 contracts

Samples: Account Application and Agreement, wbiinvestments.com, wbiinvestments.com

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Money Fund Risks. Money Funds are securities that may increase or decrease in value. In general, Money Funds are designed and managed with the objective of preservation of capital and maintenance of liquidity, but unlike bank deposits, an investment in a Money Fund is not insured by the FDIC or any other government agency, and there can be no assurance that such funds will be able to maintain a stable net asset value of $1 per share. It is possible to lose money by investing in a Money Fund, including loss of principal. In addition, certain Money Funds may temporarily suspend your ability to sell shares if the fund’s liquidity falls below required minimums because of market conditions or other factors. Securities in your brokerage account are eligible for protection by the Securities Investor Protection Corporation ("SIPC") up to a maximum of $500,000 per customer (including a maximum of $250,000 for uninvested cash held in the brokerage account). Note that SIPC does not insure against the loss of value of any investment or product. You should carefully consider the investment objectives, risks, charges and expenses of Money Funds before investing. The prospectus of a Money Fund contains important information on the Fund. For more complete information about the Money Funds available under the Program, contact your Investment Advisor or view the Money Fund list on the Website.

Appears in 1 contract

Samples: legal.atomicvest.com

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