| Money Market
An excellent first step in establishing
your relationship with VSR Financial setting up a Medallion
Account, which includes:
- A minimum initial investment of only
$1,000 in cash and/or securities;no minimum balance
once the account is opened;no annual account fee;
- A choice of three professionally
managed money-market-fund portfolios: Money-Market,Government
Securities 1, and Tax-Exempt;
- Automatic reinvestment of
interest, dividends, and other cash balances into the money-market
portfolio you select;
- No-minimum checking;
- Convenient worldwide 24-hour ATM
access;
- Overdraft protection and
a Private Credit Line based on the value
of your marginable securities, which allows you to borrow
(at rates usually lower than those available from banks)
by simply writing a check or using your ATM card; the more
you have, the more you can borrow, and the interest may
be tax-deductible up to the total of your taxable investment
income from all sources;
- Direct Deposit—automatic
deposit of your paycheck (or government checks like Social
Security) in your Medallion Account via electronic funds
transfer; and
- an Automatic Payment feature—monthly
debits for payments like mortgages, insurance drafts, car
payments, and mutual-fund investments.
Your Medallion Account makes it easy to manage
all your assets more effectively through a single account.2
- The Government guarantee of the securities
owned by the Government Securities Portfolio does not guarantee
the net asset value of the Portfolio’s shares, which
the Portfolio seeks to maintain at $1.00 per share. Yields
on all three portfolios will fluctuate. Future performance
is not guaranteed.
- The Medallion Account fact kit includes the
money-market-fund prospectus, which contains complete information,
including management fees and expenses. Read it carefully
before you invest.
top
|
