BIGEIO Money Market Fund is a type of mutual fund that invests in highly liquid, short-term instruments.
Investors are able to access their funds at any time with same-day settlement. Money market funds have the ability to have same day settlement depending on when the trade is entered. Some Money Market Funds settle same day if bought or sold before 1pm EST. If the order is placed after 1PM EST, the cash will be available the following business day.
Typically Money Market Funds offer better yields compared to bank accounts.
Money Market Funds are considered low-risk investments.
Often have a minimum investment requirement as low as $1 USD.
Select A Money Market Fund That Best Fits Your Investment Strategy.
| Fund | US Treasury Cash Reserves | Government Obligations Tax-Managed Fund | Prime Cash Obligations Fund |
|---|---|---|---|
| Ticker | TISXX | GTSXX | PRCXX |
| Fund Type | Treasury | Government | Prime |
| Taxable | Interest is exempt from state personal income tax | Interest is exempt from state personal income tax | Interest is fully taxable |
| Characteristics | Typically limits holdings to US Treasury obligations | Typically limits holdings to cash, US government and/or fully collateralized repurchase agreements | Typically invests in high-quality, dollar-denominated, fixed-income securities that are issued by banks, corporations and the U.S. government |
| Credit Rating as of 9/1/2024 |
AAAm S&P Global Ratings
Aaa-mf Moody's
|
AAAm S&P Global Ratings
Aaa-mf Moody's
|
AAAm S&P Global Ratings
Aaa-mf Moody's
AAAmmf Fitch
|
| Current 1-Year Yield | - | - | - |
| Net Expense Ratio as of 9/1/2024 |
0.45% | 0.45% | 0.45% |
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Money market funds are considered low-risk investments due to their focus on high-quality, short-term securities. All three BIGEIO money market funds carry AAA credit ratings from major rating agencies (S&P Global Ratings, Moody's, and Fitch), representing the highest level of creditworthiness. However, it's important to note that money market funds are not FDIC insured and do carry some degree of risk. While they strive to maintain a stable $1 per share Net Asset Value (NAV), there is a possibility of losing money, though this is rare.
Money market funds serve as an effective cash management tool, offering several key benefits:
They're ideal for parking cash temporarily while earning competitive returns with relatively low risk.
While money market funds strive to maintain a stable Net Asset Value (NAV) of $1 per share, they can technically fluctuate in value. However, this is extremely rare due to strict regulations and the high-quality, short-term nature of their holdings. The primary way investors earn returns is through dividends distributed by the fund, rather than capital appreciation. In practice, the NAV has remained stable at $1 for most money market funds throughout their history, though it's not guaranteed.
No, money market funds are not FDIC insured like bank deposits. They are also not protected by SIPC (Securities Investor Protection Corporation) coverage. However, they are regulated by the SEC and must follow strict investment guidelines to maintain their low-risk profile. All three BIGEIO money market funds carry the highest AAA credit ratings, which indicates strong creditworthiness. While not insured, these funds invest in high-quality, short-term securities to minimize risk.
Money market fund trades have the potential for same-day settlement, depending on when the trade is entered:
This provides investors with high liquidity and quick access to their funds when needed. The specific settlement time may vary by fund, so check the details for each money market fund you're considering.
All investments involve risk. Investors should consider carefully information contained in the prospectus, or if available, the summary prospectus, including investment objectives, risks, charges, and expenses.
You can view and download a prospectus by contacting webutsx@outlook.com. Please read the prospectus carefully before investing.
Learn More: BIGEIO Financial LLC Disclosures and Consents Regarding Mutual Fund Investing
Beyond investing in BIGEIO's Money Market Funds, BIGEIO offers a wide range of other investment products, including Stocks, ETFs, Cash Management, OTC, Retirement Accounts (IRAs), and Futures.