|
Important Notice Concerning the Managers Money Market Fund
Fund Objective
The Managers Money Market Fund’s objective is to maximize current income and maintain a high level of liquidity.
Fund Strategy
The Managers Money Market Fund invests in high quality, short-term money market instruments which are issued and payable in U.S. dollars. Currently, the Fund pursues its investment objective by investing all of its assets in the Capital Shares of JPMorgan Liquid Assets Money Market Fund ("the Portfolio”), a separate registered investment company with substantially the same investment objective and policies as the Fund. The Fund's benchmark is the 3 Month T-Bill Index.
Fund Facts (as of 6/30/2008)
|
| Investment Style |
Money Market |
| Benchmark |
Merrill Lynch 3 Month Treasury Bill
|
| Sub Advisor |
JPMorgan Investment Advisors Inc.
|
| Net Assets |
$74,600,000 |
| Ticker |
MGMXX |
| Cusip |
561717703 |
| Inception Date |
6/01/1984 |
Minimum Investment:
Initial / Subsequent
|
$2,000 /
$100 |
Minimum IRA Investment:
Initial / Subsequent
|
$1,000 /
$0 |
| Expense Ratio (Gross/Net) |
0.58% / 0.45% |
| Sales Charges |
None |
| 12b-1 fees |
None |
Disclosure
Investors should carefully consider the fund's investment objectives, risks, charges, and expenses before investing. For this and other information, please call 800.835.3879 or download a free prospectus. Read it carefully before investing or sending money.
The performance shown represents past performance and is not a guarantee of future results. Current performance may be lower or higher than the performance data quoted. The investment return and the principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. From time to time the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. The listed returns and yields on the Fund are net of expenses and the returns and yields on the indices exclude expenses. Current performance of the Fund may be lower or higher than the performance quoted.
An investment in a Money Market Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government Agency. Although the Money Market Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund.
Annual expense ratio as of 04/01/08. JPMorgan Funds Management Inc., the administrator of the Portfolio, JPMorgan Distribution Services, Inc., the distributor of the Portfolio, and JPMIA have contractually agreed, through at least June 30, 2008 to waive fees and/or reimburse expenses to the extent that the total operating expenses of the Capital Shares of the Portfolio (excluding acquired fund fees and expenses, dividend expense related to short sales, interest, taxes, extraordinary expenses, and expenses related to the deferred compensation plan of the Board of Trustees of the Portfolio) exceed 0.16% of its average daily net assets of the Capital Shares.
Unlike the Fund, the Index is unmanaged, is not available for investment and does not incur expenses. Please see Index Definitions for all our funds' benchmarks.
|
|
