Why is Midas Dollar Reserves a Smart Move?
There's no reason to let your short term
cash sit without earning income. Midas Dollar Reserves gets your
short term money working for you without tying it up.
Other benefits of a Midas Dollar Reserves account include:
- Low Risk – The Fund invests exclusively in dollar denominated high quality,
short term U.S. Government money market instruments.
- Stability – The Fund is managed to maintain a constant $1.00 net
asset value (NAV) per share, and it has an average portfolio
maturity of 90 days or less.
- Liquidity – Shares, which are priced once a day, can be purchased
or redeemed on any business day at the fund's current NAV.
- Short-term holding – Smart
investors use money market funds to hold cash between investments
because their yield is competitive and they provide liquidity.
- Diversification – Because
the Fund is more stable, it
can help reduce volatility in a stock-heavy portfolio.
Two primary forms of risk exist for money
market investors:
- Income risk – Money
market yields can fall sharply in a relatively short period
of time. Short-term yields have been much more volatile than
long-term rates over time.
- Inflation risk – Returns
may not keep up with inflation, leading to a drop in purchasing
power.
An investment in the Fund
is not insured or guaranteed by the Federal Deposit Insurance
Corporation or any other government agency. Although the
Fund seeks to preserve the value of your investment at $1.00
per share, it is possible to lose money by investing in the
Fund.
Diversification does not ensure a profit
or guarantee against loss.
The current yield reflects the current earnings
of the Fund, while the total return refers to a specific past
holding period.
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Prospectus
