Money Market Accounts
Money Market Accounts
An excellent first step in establishing your relationship with Dorsey & Company is to set up a Medallion Money Market Account, which includes:
- Minimum initial investment of only $1,000 in cash and/or securities
- No minimum balance after the account is opened
- No annual account fee
- Choice of three professionally managed money-market-fund portfolios: Money-Market, Government Securities1, and Tax-Exempt
- Automatic reinvestment of interest, dividends, and other cash balances into the money-market portfolio you select
- No-minimum checking
- Convenient worldwide 24-hour ATM access
- Overdraft protection and a Private Credit Line
- Direct Deposit
- Automatic Payment feature
Your Medallion Account makes it easy to manage all your assets more effectively through a single account.2
1 The Government guarantee of the securities owned by the Government Securities Portfolio does not guarantee the net asset value of the Portfolio’s shares, which the Portfolio seeks to maintain at $1.00 per share. Yields on all three portfolios will fluctuate. Future performance is not guaranteed.
2 The Medallion Account fact kit includes the money-market-fund prospectus, which contains complete information, including management fees and expenses. Read it carefully before you invest.