Cash Management Fund. The USAA Treasury Money Market Trust seeks to provide investors maximum current income while maintaining the highest degree of safety and liquidity by normally investing at least 80% of its assets in U.S. government securities with maturities of 397 days or less, which consist of U.S. Treasury bills, notes, and bonds; repurchase agreements collateralized by such obligations; and other obligations of the U.S. Treasury. This 80% policy may be changed upon at least 60 days’ written notice to shareholders. The Fund intends to qualify as a government money market fund and, accordingly, is required to invest at least 99.5% of its total assets in cash, U.S. government securities, and/or repurchase agreements that are fully collateralized by cash or government securities. Government securities include any securities issued or guaranteed as to principal and interest by the United States and its agencies or instrumentalities. In pursuing its investment objective and implementing its investment strategies, the Fund will comply with Rule 2a-7 under the Investment Company Act of 1940, as amended (“Rule 2a-7”). Accordingly, the Fund restricts its investments to instruments that meet certain maturity and quality requirements under Rule 2a-7. Generally, such investments will be limited to securities with remaining maturities of 397 calendar days or less that are determined to present minimal credit risk; are issued by a money market fund; or are issued or guaranteed by the U.S. government or any agency or instrumentality thereof. The Board of Trustees of the Fund has determined that the Fund will not be subject to liquidity fees or redemption gates at this time.
Cash Management Fund. The USAA Treasury Money Market Trust provides investors maximum current income while maintaining the highest degree of safety and liquidity by invest- ing its assets in U.S. government securi- ties with maturities of 397 days or less, which include U.S. Treasury bills, notes, and bonds; repurchase agreements collateralized by such obligations; and other obligations of the U.S. Treasury.
Cash Management Fund. The USAA Treasury Money Market Trust (“Treasury MM Fund”) seeks to pro- vides investors maximum current in- come while maintaining the highest degree of safety and liquidity by nor- mally investing at least 80% of its as- sets in U.S. government securities with maturities of 397 days or less, which consist of U.S. Treasury bills, notes, and bonds; repurchase agreements collat- eralized by such obligations; and other obligations of the U.S. Treasury. This 80% policy may be changed upon at least 60 days’ written notice to shareholders. The Treasury MM Fund intends to qual- ify as a government money market fund and, accordingly, is required to in- vest at least 99.5% of its total assets in cash, U.S. government securities, and/or repurchase agreements that are fully collateralized by cash or gov- ernment securities. Government secu- rities include any securities issued or guaranteed as to principal and interest by the United States and its agencies or instrumentalities. In pursuing its investment objective and implementing its investment strategies, the Treasury MM Fund will comply with Rule 2a-7 under the In- vestment Company Act of 1940, as amended (“Rule 2a-7”). Accordingly, the Treasury MM Fund restricts its in- vestments to instruments that meet certain maturity and quality require- ments under Rule 2a-7. Generally, such investments will be limited to securi- ties with remaining maturities of 397 calendar days or less that are de- termined to present minimal credit risk; are issued by a money market fund; or are issued or guaranteed by the U.S. government or any agency or instrumentality thereof. The Board of Trustees of the Treasury MM Fund has determined that the Fund will not be subject to liquidity fees or redemption gates at this time.
