2/3/2024 0 Comments Sweep creditis the distributor of the Federated money market funds. The compensation paid by the Federated Money Market Fund out of fund assets can vary, is disclosed in the prospectus for the Federated Money Market Fund, and can be up to 0.25% (25 basis points) annually of the total amount of the account assets invested in the Federated Money Market Fund.įederated Securities Corp. The compensation to be paid by Federated (or its affiliates) as such fees for services can be up to 0.10% (10 basis points) annually. or its affiliates) or the Non-Proprietary Mutual Fund (i.e., the Federated Money Market Fund) itself. Such fees for services will not be paid directly by your account, but will be paid to Key by the Non-Proprietary Mutual Funds company (i.e., Federated Investors, Inc. These fees for services shall be in addition to, and will not reduce, Key’s compensation for other services to your account. For example, Key has entered into arrangements with the Non-Proprietary Mutual Fund companies under which the Non-Proprietary Mutual Funds and/or the Non-Proprietary Mutual Fund companies will compensate Key for the Non-Proprietary mutual fund services. Key may receive compensation from the Non-Proprietary Mutual Funds and/or the Non-Proprietary Mutual Fund companies for providing services in connection with investments by its customers. Your account (the “Account”) may be invested in mutual funds (such as the Federated Money Market Fund) for which neither KeyBank National Association nor any of its affiliates or subsidiaries (“Key”) serves as an investment adviser, fund manager, or distributor (“Non-Proprietary Mutual Funds”). Although the money market funds seek to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in money market funds. or state government or government-sponsored agency. Government, any state government or any U.S. Shares of the Federated Money Market Funds are not insured or guaranteed by the U.S. Without limiting the foregoing, shares of a Federated Money Market Fund are not insured by the FDIC, are not deposits or other obligations of, or guaranteed by KeyBank or any affiliates or subsidiaries of KeyBank, and are subject to investment risk, including possible loss of the principal amount invested. NOT INSURED BY ANY FEDERAL OR STATE GOVERNMENT AGENCY.Īn investment in money market funds is neither insured nor guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. Every single time I tried to throw it, it was hit hard somewhere.Investments are: NOT FDIC INSURED. “It was nice to get into the eighth inning like that,” Freeland said. “It was just a matter of time.”įreeland gave up two runs and four hits with no walks and one strikeout in seven-plus innings. “We’ve seen him hit several balls off the wall here,” Quatraro said. Kansas City Royals' Freddy Fermin (34) congratulates MJ Melendez (1) after Melendez scored from second base off a Michael Massey single during the fifth inning of a baseball game against the Colorado Rockies in Kansas City, Mo., Sunday, June 4, 2023. Maikel Garcia led off the eighth with his first major league homer, ending Freeland’s day. When you’re executing your pitches they’ll get themselves out.” “When I see that from a team it just gets down to execution. This type of arrangement is set up automatically. “They were firing immediately, swinging the bats,” Freeland said. A credit sweep is an arrangement between a bank and customer whereby any excess funds in an account can be used to pay down the customer's debt. Melendez scored one out later on Michael Massey’s single to right. With one out in the fifth, MJ Melendez’s ground-ball double took a bad hop past Rockies second baseman Harold Castro to end Freeland’s perfect game bid. Rockies starter Kyle Freeland (4-7) retired the first 13 batters he faced. “The slider looked like it had better depth at times when he needed to get under the left-handed bat or expand with the righties.” “He did a good job of elevating when he had to, but also pitching to the corners,” Royals manager Matt Quatraro said.
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