Common use of Rate of Return Clause in Contracts

Rate of Return. The rate of return for each available Cash Sweep Option can be obtained from your financial professional or by calling the general inquiries phone number listed on the front of your account statement or found on the Clearing Agent's website at xxxxxxxxxxxxxxxxxxxxxxxxxxxxx.xxx. These rates will vary over time and are typically lower than rates available to clients making deposits directly with the Program Banks or at other banks, or available by investing directly in other money market mutual funds not offered through the Cash Sweep Program. You will receive the same interest rate on deposits at the Program Banks in the Bank Deposit Sweep Programs. The interest rates on the Standard Bank Deposit Sweep and Expanded Bank Deposit Sweep can change at any time. The rates of interest paid on Affiliated Bank deposits will be periodically set and re-set by the Affiliated Banks in consultation with the Clearing Agent. The Clearing Agent will direct and otherwise cause the Unaffiliated Banks participating in the Expanded Bank Deposit Sweep to credit interest on their respective deposits at the same rate then being credited by the Affiliated Banks. The Clearing Agent and others will receive compensation from Program Banks in connection with the Cash Sweep Program, as set forth under "Benefits to First Clearing and Others." You should expect that a portion of this compensation will be shared with your Introducing Firm. The rate will be based upon account type and, with certain exceptions, the total household value of assets in your account(s) with your Introducing Firm such that clients in higher asset tiers will generally receive higher interest rates. The total household value will include any balances in the Bank Deposit Sweep Programs, as well as all other assets listed in your account statements. The grouping of accounts into a household can be performed by your investment professional based on account eligibility and family relationships. In general, a household may contain all of your personal accounts as well as the accounts of your spouse or domestic partner, dependents, and wholly owned businesses. Retirement and Advisory accounts in the Bank Deposit Sweep Programs will generally receive a rate that is higher than that paid to other account types. Interest rates on different tiers may change from time to time at the Clearing Agent's discretion. Please contact your investment professional at the number on your account statement to find out more about householding and to ensure all eligible accounts are grouped in a household. Neither the Clearing Agent nor any of the Program Banks are under any obligation to provide the highest rates available in the marketplace. Higher rates may be available outside of the Cash Sweep Program. By making the Cash Sweep Program available, the Clearing Agent assumes no obligation to seek or negotiate interest rates in excess of any reasonable rate of interest the Affiliated Banks are willing to credit. In the Bank Deposit Sweep Programs, lower rates are more financially beneficial to the Clearing Agent and others, including your Introducing Firm, as well as Xxxxx Fargo & Company and its affiliates, including the Affiliated Banks and their respective personnel. By comparison, a Money Market Fund generally seeks to achieve the highest rate of return (less fees and expenses) consistent with the fund’s investment objective, which can be found in the fund’s prospectus. (Money Market Fund rates are, however, affected by the fees applicable to the particular class of shares made available through the Cash Sweep Program.) As a result, the current rate of return on each Cash Sweep Option will vary over time and there is no guarantee that the return on any particular Cash Sweep Option will remain higher than the others over any given period. If you desire, as part of an investment strategy or otherwise, to maintain a cash position in your account that seeks the highest yields currently available in the market for your cash balances, please contact your financial professional to discuss investment options that may be available outside of the Cash Sweep Program to help maximize your return potential consistent with your investment objectives, liquidity needs, and risk tolerance. Please note, however, that available cash accumulating in your account will not be automatically swept into any investment you purchase outside of the Cash Sweep Program.

Rate of Return. The rate of return for each available Cash Sweep Option Vehicle can be obtained from your financial professional or by calling the general inquiries phone number listed on the front of your account statement or found on the our Clearing Agent's website at xxxxxxxxxxxxxxxxxxxxxxxxxxxxx.xxx. These rates will vary over time and are typically may be lower than rates available to clients making deposits directly with the Program Banks or at other banks, or available by investing directly in other money market mutual funds not offered through the Cash Sweep Program. You will receive the same interest rate on deposits at the Program Banks in the Bank Deposit Sweep Programs. The interest rates on the Standard Bank Deposit Sweep and Expanded Bank Deposit Sweep can change at any time. The rates of interest paid on Affiliated affiliated Program Bank deposits will be periodically set and re-set by the Affiliated affiliated Program Banks in consultation with the Clearing Agent. The Clearing Agent will direct and otherwise cause the Unaffiliated unaffiliated Program Banks participating in the Expanded Bank Deposit Sweep program to credit interest on their respective deposits at the same rate then being credited by the Affiliated affiliated Program Banks. The We, the Clearing Agent Agent, and others will receive compensation from Program Banks in connection with the Cash Sweep Program, as set forth under "Benefits to First Clearing Our Firm and Others." You should expect that a portion of this compensation will be shared with your Introducing Firm. The rate will be based upon account type and, and with certain exceptions, exceptions the total household value of assets in your account(s) with your Introducing Firm us such that clients in higher asset tiers will generally receive higher interest rates. The total household value will include any balances in the Bank Deposit Sweep Programs, as well as all other assets listed in your account statements. The grouping of accounts into a household can be performed by your investment professional based on account eligibility and family relationships. In general, a household may contain all of your personal accounts as well as the accounts of your spouse or domestic partner, dependents, and wholly owned businesses. Retirement and Advisory accounts in the Bank Deposit Sweep Programs will generally may receive a tier rate that is generally higher than that paid to other account types. Interest Tiers and interest rates on different tiers may change from time to time at the our Clearing Agent's discretion. Please contact your investment professional at the number on your account statement to find out more about householding house holding and to ensure all eligible accounts are grouped in a household. Neither the Clearing Agent nor any of the Program Banks are under any obligation to provide the highest rates available in the marketplace. Higher rates may be available outside of the Cash Sweep Program. By making the Cash Sweep Program available, the Clearing Agent assumes no obligation to seek or negotiate interest rates in excess of any reasonable rate of interest the Affiliated affiliated Program Banks are willing to credit. In the Bank Deposit Sweep Programs, lower rates are more financially beneficial to the Clearing Agent us and others, including your Introducing Firmthe Clearing Agent, as well as Xxxxx Fargo & Company and its affiliates, including the Affiliated Banks and their respective personnel. By comparison, a Money Market Fund generally seeks to achieve the highest rate of return (less fees and expenses) consistent with the fund’s investment objective, which can be found in the fund’s prospectus. (Money Market Fund rates are, however, affected by the fees applicable to the particular class of shares made available through the Cash Sweep Program.) As a result, the current rate of return on each Cash Sweep Option Vehicle will vary over time and there is no guarantee that the return on any particular Cash Sweep Option Vehicle will remain higher than the others over any given period. The Cash Sweep Vehicle for your account should not be viewed as a long-term investment option. If you desire, as part of an investment strategy or otherwise, to maintain a cash position in your account that seeks for other than a short period of time and/or are seeking the highest yields currently available in the market for your cash balances, please contact your financial professional to discuss investment options that may be available outside of the Cash Sweep Program to help maximize your return potential consistent with your investment objectives, liquidity needs, and risk tolerance. Please note, however, that available cash accumulating in your account will not be automatically swept into any investment you purchase outside of the Cash Sweep Program.