Money Market Funds
Schwab offers a wide selection of options to manage your cash and cash investments, including a range of money market funds, and other convenient solutions.
Performance data quoted represents past performance and does not indicate future results.
Schwab sweep money market funds are designed for use in conjunction with certain Schwab accounts. Clients who qualify can designate a sweep money market fund as their account’s primary fund. Uninvested cash balances will be invested automatically in that primary fund, according to the terms and conditions of the client’s account agreement. Similarly, when the account is used to purchase other investments or make payments, shares of the primary fund will be sold automatically to cover those transactions.
Investors should consider carefully information contained in the prospectus, including investment objectives, risks, charges, and expenses. You can request a prospectus by clicking Investor Information or calling 800-435-4000. Please read the prospectus carefully before investing. Investment value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost
You could lose money by investing in a money market fund. All Schwab Money Funds with the exception of Schwab Variable Share Price Money Fund seek to preserve the value of your investment at $1.00 per share, but cannot guarantee they will do so. Effective October 14, 2016, all Schwab Money Funds with the exception of Schwab Government Money Fund, Schwab Treasury Money Fund, Schwab Treasury Obligations Fund, Schwab Retirement Government Money Fund, and Schwab Government Money Market Portfolio may impose a fee upon the sale of your shares or may temporarily suspend your ability to sell shares if the fund’s liquidity falls below required minimums because of market conditions or other factors. An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The money market fund's sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.
1. May be subject to state, local, and the Federal Alternative Minimum Tax. Capital gains are not exempt from Federal taxes.
Charles Schwab Investment Management, Inc. ("CSIM"), the investment advisor for Schwab's proprietary funds, and Charles Schwab & Co., Inc. ("Schwab"), the distributor for Schwab Funds, are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation.
Charles Schwab & Co., Inc. is a member of the Securities Investor Protection Corporation (SIPC, which provides up to $500,000 (including $250,000 for claims for cash) of coverage when aggregated with other securities and cash held by you in the same capacity at Charles Schwab & Co., Inc. Money market mutual funds custodied at Schwab are considered securities for SIPC purposes. SIPC insurance does not provide coverage for loss of principal due to market loss.
Distributor: Charles Schwab & Co., Inc., 211 Main Street, San Francisco, CA 94105