As an independent investor who manages his or her own money, you appreciate how important it is to have all of your money working for you. You do not want the free cash you have awaiting reinvestment to lay idle, not earning interest or earning less than a competitive rate.

Yet, today, investors whose brokers are affiliated with banks may find that free cash awaiting reinvestment is being swept into a low-yielding bank money market fund or other low-yielding account. Meanwhile, other brokers are paying interest on free cash in brokerage accounts at a rate below competitive money market fund yields.¹

Not Siebert. Siebert is an independent broker and we always put our clients’ interests first. We believe that providing value to independent investors means more than just offering commission discounts; investors also need and deserve competitive returns on the cash they entrust to us.

Your choice of competitive-yielding money market mutual funds

That’s why we offer investors a selection of taxable and non-taxable money market mutual funds that provide competitive yields and the convenience of an automatic daily sweep of amounts as little as $1.

Choose from among the following Capital Reserves money market mutual funds:

Description Name  Symbol Taxable money market portfolio Prime Fund – Capital Reserves Class  FPRXX U.S. Government portfolio Treasury Fund – Capital Reserves Class  FSRXX Municipal money market portfolio Tax-Exempt Fund – Capital Reserves  FERXX

To view a prospectus for these funds, click here.

Your money market mutual funds are protected

Read about our comprehensive account protection and excess-SIPC coverage.² (Please note: Neither SIPC nor excess SIPC coverage protects against a decline in the market value of securities.)²

State tax-free funds

State tax-free portfolios are also available for residents of selected states. For additional information on available state funds, or a prospectus for any of the money market mutual funds available through Siebert, please contact New Accounts at 1-800-872-0711, 7:30am to 7:30pm ET, Monday – Friday.

1. Different brokers offer different services.

2. Securities in accounts carried by National Financial Services LLC (NFS), a Fidelity Investments company, are protected in accordance with the Securities Investor Protection Corporation (SIPC) up to $500,000 (including cash claims limited to $100,000). For details, please see www.sipc.org. NFS has arranged for additional protection for cash and covered securities to supplement its SIPC coverage. This additional protection covers total account net equity in excess of the $500,000/$100,000 coverage provided by SIPC. Neither coverage protects against a decline in the market value of securities.