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Medallion
AccountSM An excellent first step in
establishing your relationship with us is setting up a Medallion Account. Your Medallion
Account includes:
- a minimum initial investment of only $1,000 in cash and/or
securities;
- no minimum balance once account is opened;
- no annual account fee;
- a choice of three professionally managed money-market-fund
portfolios: Money-Market, Government Securities, 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 based on the
value of your marginable securities, which allows you to borrow (at rates usually lower
than those available from banks) by simply writing a check or using your ATM card; the
more you have, the more you can borrow, and the interest may be tax-deductible up to the
total of your taxable investment income from all sources;
- Direct Deposit--automatic deposit of your paycheck (or
government checks like Social Security) in your Medallion Account via electronic funds
transfer; and
- an Automatic Payment feature--monthly debits for payments
like mortgages, insurance drafts, car payments, and mutual-fund investments.
Your Medallion Account makes it easy to manage all your
assets more effectively through a single account.
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.
The Medallion fact kit includes the money-market-fund
Prospectus, which contains complete information, including management fees and expenses.
Read it carefully before you invest. To obtain your Medallion fact kit please contact our office.
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Copyright © 2007 Presidential Brokerage, Inc., Member NASD and SIPC. All rights reserved.
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