What if another fund in an investors fund family breaks the buck before this program starts? Is the investor covered?
The program provides a guarantee on a fund-by-fund basis up to the amount of shares held as of the close of business on September 19, 2008. The performance of a different fund, even one in the same fund family of the investor’s fund, doesn’t affect the investor’s fund’s eligibility. Investors should contact their fund to determine if their fund participates in the program.
Related Questions
- If I make an investment in a money market fund after September 19, 2008, and that fund participates in the Treasury guarantee program, will that investment be covered by the guarantee?
- What if another fund in an investors fund family breaks the buck before this program starts? Is the investor covered?
- What if another fund in an investor’s fund family breaks the buck before this program starts? Is the investor covered?