Mutual Fund Sweep
A sweep account automatically "sweeps" or transfers excess balances from a non-interest checking account to an account with investment options. At the same time, these balances stay readily available to cover your disbursements.
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You will receive a prospectus. Please read it carefully before investing or sending money. Not FDIC Insured. May Lose Value. No Bank Guarantee. An investment in the Fund is neither insured nor guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. Although the Funds seek to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund.