WE UNDERSTAND … THE MARKET IS JUST NOT MARKETING HOW WE WANT!

Stocks nor bond funds are giving what we want or expect them to give for our short-term funds. We are feeling it personally and in our positions here at UMF. 

As a team, we knew we had to find some way to help our investment partners in this rising interest rate environment. After much research, we have developed two new options to help you meet your on-hand cash needs.

WE ARE EXCITED TO OFFER TWO NEW SHORT-TERM OPTIONS:

CDs and a new money market fund. The CDs’ current yields range from 4.15-5.0% per year, net of our low ST admin fee of 35 bps per year. We are offering four short-term maturity options: 3, 6, 9, and 12 months.

The new money market fund, through our partnership with Foundation Investment Management (FIM), has a current yield averaging 5%, net of our low Short-term Fund admin fee. This fund allows for the investment of revocable funds you wish to hold onto but without the risk of the current market volatility.

YOU’VE SHARED AND — WE’VE LISTENED! 

We hope you will find these new investment options advantageous for your non-permanent funds. More information regarding either fund can be found on our website here: Short-term funds we’ve designed for you.

Ready to invest? Complete our simple, new account setup form on our Open New Account page.

This article was written by Ivanna Cole, CFO of UMF of North Carolina. If you would like more information regarding UMF or this article, please contact Ivanna at [email protected].