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Fund Objective
The TCU MMP seeks 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.
Investor Profile
The Portfolio is intended for credit union investors who seek a stable net asset value and an alternative to direct investment in overnight securities.
Portfolio Benefits
Liquidity: The MMP offers same day access to your investments every business day at the current net asset value.
Income: Dividends are declared daily and paid monthly.
Convenience: The MMP does not require a minimum investment nor does it have any withdrawal limits. The MMP does not impose sales charges, wire fees or redemption fees.
Placing orders
To purchase
units of the Trust for Credit Unions Portfolios, contact Goldman
Sachs Asset Management through the Account Administration
Desk at 1-800-DIAL-TCU (1-800-342-5828)
or the SmartPlus System, Goldman Sachs’ on-line
account information and service site.
Purchases/Redemptions
Purchases in the MMP received before 3:00 p.m. EST will be made at that day’s net asset value and will earn same day income.
Redemptions may be placed through the Account Administration Desk or the SmartPlus system. If redemption requests in the MMP are received by 3:00 p.m. EST, same day federal funds will be received at the designated institution.
To view
a current Prospectus or to order a printed Prospectus which
includes more complete fund information, including investment
policies, risk considerations, charges and expenses, please
click here. Please read the
prospectus carefully before investing.
For answers to your questions or more information about the Trust for Credit Unions, call Callahan Financial Services at 1-800-CFS-5678, or call Goldman Sachs Asset Management at 1-800-DIAL-TCU.
An investment in the TCU MMP 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.
The Standardized
7-day Current Yield and Standardized 7-day Effective Yield
for the TCU MMP are calculated in accordance with securities
industry regulations. The Standardized Current Yield quoted
for the TCU Money Market Portfolio does not include
capital gains and may differ slightly from the actual distribution
rate because of the exclusion of distributed capital gains,
which are nonrecurring. The Standardized 7-day Effective Yield
assumes weekly reinvestment of dividends for one year. Given
the compounding effect of this assumed reinvestment, the Effective
Yield will be slightly higher than the Current Yield. For
the TCU Money Market Portfolio the Standardized 7-day
Current Yield as of 6/28/02 without fee waiver would have
been 1.70% and the Standardized 7-day Effective Yield as of
6/28/02 without fee waiver would have been 1.71%. Yields represent
past performance. Yields and investment returns will fluctuate.
Callahan Financial Services, Inc. and Goldman, Sachs & Co. are co-distributors of the Trust for Credit Unions.
A Powerful Partnership Working to Meet Your Needs
Units of the portfolios are not endorsed by, insured by, obligations of, or otherwise supported by the U.S. government, the NCUSIF, the NCUA or any other governmental agency. An investment in the portfolios involves risk including possible loss of principal.
Callahan Financial Services, Inc. and Goldman, Sachs & Co. are
co-distributors of the TCU Portfolios.
