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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?

April 26, 2017Covered fund guarantee Investment Money Market participates program september 19 2008 Treasury

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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?

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No. Only investments made on or before September 19, 2008, in money market funds that participate in the Treasury guarantee program would be covered by the guarantee. We have no knowledge of whether the Treasury would extend the program to cover investments made beyond September 19, 2008.