A Powerful Partnership Working to Meet Your Needs
The collaboration includes Goldman Sachs Asset Management serving as investment adviser, Callahan Financial Services to serve as distributor and CUFSLP (a CUSO owned by 37 of the nation's largest and most innovative credit unions) serving as the Fund administrator.BEST-OF DWIGHT COMMENTARY
THE TCU FUNDS PRICING REPORT
REPORTS & UNIVERSITY
TCU NEWS & EVENTS
| 'Trust for Credit Unions Elects Jim Barr as Chair, Succeeding Rudy Hanley' | |
The oldest and largest mutual fund created to serve credit unions, Trust for Credit Unions (www.trustcu.com) has announced that Jim Barr, TCU trustee since 1987, has been elected Chairman, succeeding Rudy Hanley, who chaired the Trust for the past three years. |
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| 'TCU's Ultra-Short Government Portfolio
Exceeds Treasury Performance
Benchmark in 2011' |
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The Trust for Credit Unions (TCU) reported today its Ultra-Short Duration Government Portfolio's cumulative total return of 0.67% for the 12-month period ended December 31, 2011 exceeded the cumulative total return of its blended benchmark, the 9-month U.S. Treasury Index, over the same period by 25 basis points. |
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Goldman Sachs Asset Management, L.P. is the investment advisor to the TCU Portfolios. The performance shown represents past performance and does not guarantee future results. Average annual total returns current to the most recent month-end and quarter-end are available on the 'Performance' page of this web site. The investment return and principal value of an investment in a fixed income portfolio will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. An investment in the Money Market Portfolio is not a credit union deposit and is not insured or guaranteed by the National Credit Union Share Insurance Fund, the National Credit Union Administration, or any other government agency. Although the Money Market Portfolio seeks to preserve the value of your investment at $1.00 per unit, it is possible to lose money by investing.
The total annual operating expense ratios of the fixed income portfolios, as stated in the current prospectus, are: 0.34% for Ultra-Short Duration Government Portfolio, and 0.33% for Short Duration Portfolio
The Trust for Credit Unions is a registered open-end, management investment company (commonly known as a mutual fund) that offers three portfolios solely to U.S.-domiciled state and federally chartered credit unions. An investor should consider a portfolio's investment objectives, risks, charges and expenses carefully before investing or sending money. This and other important information about the portfolios can be found in the fund's prospectus, which is available by clicking the "Prospectus" link above. To obtain a written prospectus, please call 1-800-DIAL-TCU. Please read the prospectus carefully before investing.
An investment in a portfolio is not a credit union deposit and is not insured or guaranteed by the National Credit Union Share Insurance Fund, the National Credit Union Administration, or any other government agency.
