Industry description
The investment seeks to provide investors with as high a level of current income as is consistent with the preservation of shareholders' capital and liquidity.
The fund is a "feeder fund" that invests, through the master portfolio, at least 99.5% of its total assets in government securities, cash and repurchase agreements collateralized fully by government securities or cash. The Advisor intends to operate the fund as a "government money market fund," as such term is defined in or interpreted under Rule 2a-7 under the Investment Company Act of 1940. Shareholders will be given at least 60 days' advance notice of any change to the 99.5% policy.