Texas Capital Government Money Market Fund (TXGXX)
Texas Capital Government Money Market Fund (TXGXX)
INCEPTION DATE | TICKER | CUSIP | TYPE | MINIMUM Initial INVESTMENT | subsequent additional INVESTMENT | EXPENSE RATIO |
|---|---|---|---|---|---|---|
JULY 17, 2024 | TXGXX | 88224A201 | Government Money Market | $50,000 | No minimum | 0.25% |
Fund Details
INCEPTION DATE | TICKER | CUSIP | TYPE | 7 Day Yield as-of <etf_txs_performDate></etf_txs_performDate> | MINIMUM Initial INVESTMENT | subsequent additional INVESTMENT | EXPENSE RATIO |
|---|---|---|---|---|---|---|---|
JULY 17, 2024 | TXGXX | 88224A201 | Government Money Market | <etf_txgxx_SevenDayYield_3706></etf_txgxx_SevenDayYield_3706>% | $50,000 | No minimum | 0.25% |
Fund Objective
The Texas Capital Government Money Market Fund (the “Fund”) seeks to provide as high a level of current interest income as is consistent with maintaining liquidity and stability of principal.
Strategy
The Fund is a government money market fund that invests 99.5% of the fund’s total assets in cash, U.S. government securities, which may include fixed, floating and variable rate securities, as well as repurchase agreements collateralized fully by U.S. government securities or cash.The Fund seeks to maintain a stable $1 share price and will comply with SEC rules applicable to all money market funds, including Rule 2a-7 under the Investment Company Act of 1940.
Fund Management
Texas Capital Bank Private Wealth Advisors acts as the investment adviser. As investment adviser, the Adviser makes the Fund’s investment decisions. The Adviser selects eligible government money market instruments for the Fund based on its assessment of relative values and changes in market and economic conditions.
The Adviser considers safety of principal and liquidity in selecting securities for the Fund and thus may not buy securities that pay the highest yield.
Fund Filings
Get the most updated 12 month filing from the Securities and Exchange Commissions for the Texas Capital Government Money Market Fund.
Resources
- Prospectus
- Summary Prospectus
- Statement of Additional Information (SAI)
- Annual Report (empty link)
- Semi-Annual Report (empty link)
- Fact Sheet (optional per ultimus documentation, empty link)
- Fund Overview (empty link)
- Securities and Exchange Commission (empty link)
- Rule 2a-7 Part 1
- Rule 2a-7 Part 2
Apply Now
Utilize our online application to open a Texas Capital Government Money Market Account.
Investors should carefully consider the investment objectives, risks, and charges of the fund before investing. The prospectus contains this information and other information about the fund, and it should be read carefully before investing. Investors can obtain a copy of the prospectus by calling 844.TCB.ETFS (844.822.3837).
You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. The Fund may impose a fee upon sale of your shares or may temporarily suspend your ability to sell shares if the Fund's liquidity falls below required minimums because of market conditions or other factors. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund's sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time.
Not a Deposit. Not FDIC Insured. Not Guaranteed by the Bank May Lose Value Not Insured by any Federal Government Agency.
Texas Capital Bank Wealth Management Services, Inc. d/b/a Texas Capital Bank Private Wealth Advisors (“PWA”), a wholly owned subsidiary of Texas Capital Bank and an investment adviser registered with the U.S. Securities and Exchange Commission (“SEC”), serves as investment adviser to the Texas Capital Government Money Market Fund and is paid a fee for its services. Shares of the Texas Capital Government Money Market Fund are not deposits or obligations of, or guaranteed or endorsed by, Texas Capital Bank or its affiliates. The Texas Capital Government Money Market Fund is not insured by the FDIC or any other government agency.
The Texas Capital Government Money Market Fund is distributed by Northern Lights Distributors, LLC, member FINRA/SIPC, which is not affiliated with Texas Capital Bank Private Wealth Advisors.
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