TCU Short Duration Portfolio

Fund Facts

Inception Date: October 9, 1992
Capital Gains Paid Yearly
Dividends paid Monthly
Ticker: TCUDX

Portfolio Holdings- Holdings posted each month end on a 30-day delay. Current posted holdings as of November 30, 2011.

The TCU portfolios do not hold or have exposure to Lehman Brothers or AIG. Every security in each of the 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.

Portfolio holdings are subject to change. Please read the Trust for Credit Unions Prospectus carefully before investing. For a prospectus please call 1-800-DIAL-TCU. An investment in the TCU Money Market Portfolio is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Portfolio seeks to preserve the value of your investment at $1.00 per unit, it is possible to lose money by investing in the portfolio. Unites of TCU portfolios are not deposits or obligations of, or guaranteed or insured by the U.S. government, the National Credit Union Share Insurance Fund, the NCUA, or any other government agency. An investment in the portfolios involves risk, including the possible loss of principal.

Role in Fund

The Short Duration Portfolio is comprised of mortgage backed securities and targets the two year treasury.

Investment Objective

TCU Short Duration seeks to achieve a high level of current income, consistent with low volatility of principal, by investing in obligations authorized under the Federal Credit Union Act.

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. The NAVs of the Bond Portfolios will fluctuate, and may decline for extended periods, as a result of various factors, including, but not limited to, market and interest rate conditions and the amount of distributions paid by the Bond Portfolios. There is no assurance that the NAV of a Bond Portfolio will return to its prior levels after a decline. 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).