Fund Details
Money
Market
Yield as-of
March 11, 2025 1
Initial
INVESTMENT
additional
INVESTMENT
Expense Ratio 2
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.
Apply Now
Utilize our online application to open a Texas Capital Government Money Market Account.
Documents
- Prospectus
- Summary Prospectus
- 12/02/2024 – Prospectus Supplement
- 10/10/2024 – Prospectus Supplement
- Statement of Additional Information (SAI)
- Fund Overview
- Fact Sheet
- Securities and Exchange Commission
- Money Market Fund Information Disclosures (Rule 2a-7 Part 1)
- Portfolio Holdings (Rule 2a-7 Part 2)
- Form N-CSR
- Annual Report
- Financial Statements and Other Information
Have further questions?
To learn more about our ETF & Funds Management solutions and to speak with our sales team call us
at 844.TCB.ETFS (844.822.3837).
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. An investment in the Fund is not a deposit of the bank or a bank account and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund’s sponsor is not required to reimburse the Fund for losses, and you should not expect that the sponsor will provide financial support to the Fund at any time, including during periods of market stress.
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.
1 The 7-Day Yield is the average income paid out over the previous seven days assuming no reinvestment of interest income. The subsidized yield reflects expenses net of the fee waiver/expense reimbursement. The unsubsidized yield reflects expenses gross of the fee waiver/expense reimbursement. The 7-day yield more closely reflects current earnings than does the total return.
2 The Adviser has contractually agreed to waive its fees and/or reimburse certain expenses to limit the Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursement to 0.25% of the Fund’s average daily net assets through April 30, 2025.