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Cash Management
Money Market Accounts, Parker/Hunter Preferred Accounts, Margin Accounts
The Parker/Hunter Preferred Account can help you better manage your cash assets. It offers a variety of features:
- The Preferred Account holds any combination of cash, money market
funds and any other type of securities.
- Convenient access to your money through unlimited checkwriting privileges
and a VISA Gold Check Card
- Dividends declared daily and automatically reinvested
- Easy, systematic investment or withdrawal plans featuring Direct Deposit
and Automated Clearing House (ACH) money transfer capabilities
- Automatic, daily sweep of your idle cash in your brokerage account
into your Preferred Account
- Access to a margin account to cover check and VISA transactions in
excess of your money market fund balance
- Consolidated account statement shows enhanced reporting and expense
tracking to help monitor your expenses. You'll receive monthly and year-end
transaction summary statements
- Assets in these Parker/Hunter money market mutual funds are managed
by Federated Investors. For complete information including a prospectus,
contact a Parker/Hunter Financial Consultant and please read the prospectus
carefully before investing.
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