Ultra Short Government Fund : Overview

Fund Statistics

As of September 30, 2018
Total Net Assets (Millions) $108.1
Net Asset Value (NAV) as of 11/14/18 $10.00
Expense Ratio (Gross | Net) %* 0.61 | 0.20
Sales Charges None
Redemption Charge None
Minimum Investment $1,000,000
Ticker Symbol SAFEX
CUSIP Number 94904P401
Fund Number 3330
Inception Date August 1, 1991
Fund Managers
As of October 31, 2018

Morningstar Rating : Not Yet Assigned

Morningstar Style Box : Short Government

Ultra Short Government Fund Objective

The Ultra Short Government Fund is an ‘ultra short-term’ fund which strives to generate current income consistent with the preservation of capital and the maintenance of liquidity.  The fund invests at least 80% of its assets in debt obligations issued or guaranteed by the U.S. Government. The balance of the Fund’s assets may be invested in U.S. dollar-denominated investment grade debt securities.  The effective duration of the portfolio is expected to be one year or less.

Effective December 16, 2016, the Ultra Short Government Fund is not a “money market fund” and does not seek to maintain a stable net asset value (NAV).

*6 mos. ended 9/30/18