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How is my cash in my LOYAL3 account held?

Any cash balance in your LOYAL3 account is invested on your behalf in the Vanguard Prime Money Market Fund (VMMXX), a money market fund. An investment in a money fund is neither insured nor guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. Although money funds seek to preserve the value of your investment at $1 per share, it is possible to lose money by investing in a money fund.

Investors should consider carefully information contained in the Fund's prospectus, including investment objectives, risks, charges, and expenses. You can view, download, and print a prospectus by clicking the "View Prospectus" link. Please read the prospectus carefully before investing. Investment value and return will fluctuate, such that shares when redeemed may be worth more or less than original cost.

View Prospectus