HOME > Brokerage > Money Market Mutual Fund & Eagle Bank Sweep Rate Comparison Chart
Money Market Mutual Fund & Eagle Bank Sweep Rate Comparison Chart
As of June 27, 2008
Money Market Mutual Funds (Not FDIC Insured)
| Cash Sweep Option | Taxable Income | Federal Tax-Exempt Income | State Tax-Exempt Income | Current 7- Day Yield |
Effective Yield | Interest Rate | Annual Percentage Yield (APY) |
|---|---|---|---|---|---|---|---|
| Dreyfus General California Money Market* | Yes | Yes | 3.57% | 1.47% | |||
| Dreyfus Government Prime Cash* | Yes | 2.46% | 2.34% | ||||
| Dreyfus Treasury Prime Cash* | Yes | 0.62% | 1.02% | ||||
| Dreyfus Government Cash Management* | Yes | 1.78% | 1.75% | ||||
| Dreyfus Cash Management* | Yes | 2.46% | 2.34% | ||||
| Federated New York Municipal Cash Trust II* | Yes | Yes | 3.62% | 1.73% | |||
| Federated New Jersey Municipal Cash Trust* | Yes | Yes | 3.27% | 1.53% | |||
| Federated Florida Muni Cash Trust II | Yes | Yes | 3.92% | 1.84% | |||
| Federated California Municipal Cash Trust II* | Yes | Yes | 3.17% | 1.59% | |||
| Federated Connecticut Muni Cash Trust* | Yes | Yes | 3.30% | 1.43% | |||
| Federated Municipal Trust* | Yes | 3.67% | 1.72% |
Bank Deposit Products (FDIC Insured; Not Covered by SIPC)
| Cash Sweep Option | Taxable Income | Balances of | Interest Rate | Annual Percentage Rate | Minimum Interest Rate |
|---|---|---|---|---|---|
| FRB Eagle Bank Sweep (Tier 1)** | Yes | $0 to $1,000,000 | 0.25% | 0.2503% | 0.25% |
| FRB Eagle Bank Sweep (Tier 2)*** | Yes | $1,000,001 to $5,000,000 | 0.75% | 0.75% | 0.25% |
| FRB Eagle Bank Sweep (Tier 3)**** | Yes | $5,000,001 or more | 1.25% | 1.26% | 0.25% |
**For FRSC Brokerage Account Balances of
$0 to $1,000,000.
***For FRSC Brokerage Account Balances of
$1,000,001 to $5,000,000.
****For FRSC Brokerage Account Balances of
$5,000,001 or more.
An investment in a money market mutual fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund.
Yields are for indication purposes only and are subject to market fluctuations. They are based on a 365 day calculations.
Past performance does not guarantee future results. An investment in any of the above listed money market mutual funds involves investment risks, including the possible loss of the principal amount invested. A Fund prospectus should be read and retained prior to investing.
Money Market Mutual Fund shares are distributed by Dreyfus Service Corporation and Federated Investors. Dreyfus Service Corporate and Federated Investors are separate companies and not affiliated with First Republic Bank. Money Market Mutual Funds are not FDIC insured, are not direct obligations of the United States Government, and are not deposits or other obligations of First Republic Bank. Shares of the Dreyfus Money Market Funds and shares of the Federated Investors Money Market Funds are not endorsed, recommended or guaranteed by First Republic Bank.
Annual Percentage Yield or "APY" of a bank deposit account is a rate based on monthly compounding of interest and assumes interest is not withdrawn from the deposit account and no change to the interest rate for one year. Note that the interest rate (and APY) may change at any time at the Bank's discretion. The Bank uses the daily balance method to calculate interest on your deposit account, which applies a daily periodic rate to the principal in your deposit account each day.
Dreyfus Money Market Prospectuses are available at www.dreyfus.com or by calling 1-800-645-6561.
Federated Money Market Prospectuses are available at www.federatedinvestors.com or by calling 1-800-845-4770.
| Investments in securities and mutual funds are: | ||
|---|---|---|
| NOT FDIC-INSURED |
NOT BANK GUARANTEED |
MAY LOSE VALUE |
| Special Notice to Non-U.S. Investors |
|---|
| Each of the investment products and services referred to on this website is intended to be made available to U.S. residents. This website shall not be considered a solicitation or offering for any investment product or service to any person in any jurisdiction where such solicitation or offer would be unlawful. |
