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HighGround Enhanced Cash Fund

• Yield as of 04/15/2024: 3.93%
• Total assets: $228.4 million
• Inception date: April 2005
• Subadvisors:
  • Northern Trust Asset Management U.S. Government Fund
  • Caprin Asset Management
  • BlackRock TempCash Fund
• Strategy: HighGround Enhanced Cash Fund provides diversified investment exposure to U.S. investment grade money market and short to medium-term fixed income securities, including U.S. Treasury, mortgage, corporate and municipal bonds. The Fund is managed as a fund-of-funds and seeks to earn current yields in excess of money market rates, while also providing preservation of principal, daily liquidity and a constant net asset value. The Fund is constructed by combining government and prime money market funds with a high quality, higher yielding low duration fixed income portfolio. The fixed income portfolio has credit quality, duration and sector exposures similar to the ICE BofAML Corporate & Government 1-3 Year Index.