Master Deposit Account
The Master Deposit Account (MDA) Suite is a unique Capital Preservation option that offers investors the highest degree of safety, freedom and performance. Exclusive to employee benefit plans, the Master Deposit Account Suite provides each participant FDIC Insurance of $250,000.
In addition to safety, The MDA Suite offers complete liquidity to participants and financial intermediaries alike, transacting daily via CUSIP through the NSCC without any redemption restrictions.
Coupled with competitive performance greater than traditional Money Market Mutual Funds, The MDA Suite is a valuable addition to employee benefit plans and is available in three different share classes.