TCU Money Market Portfolio

Portfolio Facts
Inception Date May 17,1988
Capital Gains Paid Yearly
Dividends paid Monthly
Ticker: TCUXX

Portfolio Holdings- Posted holdings as of December 31, 2011.

Every security in each of the TCU funds is permissible for federal credit unions to purchase as defined in NCUA’s section 703. Our securities are priced daily and the net asset value quoted each evening is the true market value of the securities in our funds.

Holdings and allocations shown are unaudited, and may not be representative of current or future investments. Holdings and allocations may not include the Fund's entire investment portfolio, which may change at any time. Fund holdings should not be relied on in making investment decisions and should not be construed as research or investment advice regarding particular securities. An investment in a money market portfolio is not insured or guaranteed by the National Credit Union Association or any other government agency. Although a money market portfolio seeks to preserve the value of an investment at $1.00 per share, it is possible to lose money by investing in a money market portfolio. Prospectuses for the Trust for Credit Unions containing more complete information may be obtained from Callahan Financial Services by calling 1–800–CFS-5678, or by downloading from this Web site (www.TrustCU.com). Please consider the TCU Fund’s objectives, risks, and charges and expenses, and read the prospectus carefully before investing. The prospectus contains this and other information about the Fund. Callahan Financial Services is the distributor of the TCU Funds and Goldman Sachs Asset Management is the investment advisor of the TCU Funds.

Definitions:
WAL: The money market fund’s weighted average life (WAL) is an average of the final maturities of all securities held in the portfolio, weighted by each security’s percentage of net assets.
WAM: The money market fund's weighted average maturity (WAM) is an average of the effective maturities of all securities held in the portfolio, weighted by each security's percentage of net assets.
Maturity Date: Represents the next interest rate reset date, demand date or prerefunded date.
Final Maturity Date: Represents the final legal maturity date

Role in Fund
The money market portfolio is a comprised of money market instruments designed for overnight or short-term investment needs.

Investment Objective

The objective of the TCU Money Market Portfolio (MMP) is to maximize current income to the extent consistent
with the preservation of capital and the maintenance of liquidity by investing in high quality money market instruments authorized under the Federal Credit Union Act.

Disclaimer

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.

Portfolio Specific Risks

Loss of money is a risk of investing in each Portfolio. An investment in a Portfolio is not a deposit of any credit union and is not insured or guarenteed by the National Credit Union Share Insurance Fund, the National Credit Union Administration, or any other governmental agency. None of the portfolios should be relied upon as a complete investment program. There can be no assurance that a Portfolio will achieve its investment objective. Rely on the Prospectus for Principal Risks of the Portfolios (page 11).