Industry description
The investment seeks a high level of current income consistent with preservation of capital.
The fund invests at least 80% of assets in securities included in the Bloomberg U.S. 3-6 Month Treasury Bill Index, a market capitalization-weighted index of investment-grade, fixed-rate public obligations of the U.S. Treasury with maturities from three up to six months, excluding zero coupon strips. The advisor uses statistical sampling techniques to attempt to replicate the returns of the Bloomberg U.S. 3-6 Month Treasury Bill Index using a smaller number of securities.