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.
Appears in 11 contracts
Samples: Brokerage Account Agreement, Account Application and Agreement, Account Application and Agreement
