Milliman Money Market Fund
Summary
The Milliman Money Market Fund seeks to maximize current income to the extent consistent with the preservation of capital and the maintenance of liquidity by investing exclusively in high quality money market instruments. The Fund is a feeder fund that currently invests substantially all of its assets in a master fund, the GS VIT Government Money Market Fund, a separate investment company managed by Goldman Sachs Asset Management, L.P. with an identical investment objective.
Key Facts
As of 01/12/2022| Inception Date | Jan 10, 2022 |
| Expense Ratio | 0.99% |
| CUSIP | 600832331 |
| Fund NAV | $1.00 |
| Resources | Milliman Money Market Liquidity Reports |
| Summary Prospectus | |
| Statutory Prospectus | |
| Statement of Additional Information |
Average Annual Total Returns
As of 01/12/2022| 1 Year | 3 Year | 5 Year | 10 Year | Inception | |
|---|---|---|---|---|---|
| Fund NAV | - | - | - | - | - |
The results shown are historical, for informational purposes only, and do not guarantee future results.
Risk Disclosures
You could lose money by investing in the Money Market Fund ("Fund"). Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund's sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time.
As of the date of this Prospectus, Milliman has also agreed to voluntarily waive fees and/or reimburse expenses of the Fund to avoid a negative yield. Such yield waivers and reimbursements are voluntary and could be modified or terminated at any time at the discretion of Milliman without notice. There is no guarantee that the Fund will maintain a positive yield.
Although the Fund and Master Fund seek to preserve the value of an investment at $1.00 per share, an investor may lose money by investing in the Fund and Master Fund. The share price of money market funds can fall below the $1.00 share price.
The Fund and Master Fund's yield will vary as short-term securities mature or are sold and the proceeds are reinvested in other securities. When interest rates are very low or negative, the Fund and Master Fund may not be able to maintain a positive yield or pay its expenses out of current income without impairing the Fund and Master Fund's ability to maintain a stable net asset value. Additionally, inflation may outpace and diminish investment returns over time. Recent and potential future changes in monetary policy made by central banks and/or their governments may affect interest rates.
The Fund and Master Fund could lose money over short periods due to short-term market movements and over longer periods during more prolonged market downturns. Assets may decline in value due to factors affecting financial markets generally or particular asset classes or industries represented in the markets. The value of a security or other asset may also decline due to general market conditions, economic trends or events that are not specifically related to the issuer of the security or other asset, or due to factors that affect a particular issuer, country, region, market, industry, sector or asset class.