Strategy Attributes
- Invests in high quality, short-term money market instruments (those rated in the highest short-term rating category by at least two nationally recognized ratings services) denominated in U.S. dollars, including bank certificates of deposit, other bank obligations, notes, commercial paper, U.S. government obligations and repurchase agreements.
Investment Objective
To seek as high a level of current income as is consistent with liquidity and preservation of capital.
Style:
Money Market
Fund Facts
(Class A)| Inception | 9/13/82 |
| AUM (as of 6/30/10) | $483,270,564 |
| Ticker | GCMXX |
| CUSIP | 700159304 |
| Minimum Investment | $2,500 |
| Minimum Investment in IRA | $1,000 |
| Minimum Subsequent Investment | $100 |
| Maximum Sales Load | None1 |
| Management Fees* | 0.45% |
| Distribution (12b-1) Fees* | 0.25% |
| Other Expenses* | 0.14% |
| Total Annual Fund Operating Expenses*1 | 0.84% |
| Fee Waiver/Expense Limitation*1 | -0.19% |
| Net Expenses*1, 2 | 0.65% |
| * As reported in the May 1, 2010 Prospectus. | |
1 An expense limitation with respect to the Fund's Total Annual Fund Operating Expenses is imposed pursuant to a written agreement in effect through April 30, 2011. The effect of this limitation is reflected under the caption "Fee Waiver/Expense Limitation." "Net Expenses" reflect the effect of this expense limitation on Total Annual Fund Operating Expenses. This expense limitation will continue through April 30, 2011, at which time RS Investments will determine whether or not to renew or revise it.
2 Net Expenses shown above do not reflect voluntary expense waivers and thus are higher than "Net Ratio of Expenses to Average Net Assets" in the "Financial Highlights" section of the full prospectus
Total Annual Fund Operating Expenses are based on amounts incurred during the Fund's most recent fiscal year, expressed as a percentage of average net assets during the fiscal year. The decline in the Fund's average net assets over the past year or more due to market volatility and other factors will cause the Fund's expense ratios for the Fund's current fiscal year to be higher than the expense information presented, but not to exceed the expense limitation shown.