The investment seeks to preserve principal value and maintain a high degree of liquidity while providing current income.
The fund invests exclusively in U.S. Treasury obligations. Using a top-down strategy and bottom-up security selection, the sub-adviser (the Sub-Adviser) seeks securities with acceptable maturities (consistent with requirements of the 1940 Act for money market funds) that are marketable and liquid and offer competitive yields. Currently, the fund invests only in first-tier securities. It follows the 1940 Act rules about credit quality, maturity and diversification for money market funds.
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