Find an ATM/Branch
Personal  |  Business  |  Corporate  |  Government  |  About Sovereign
Sovereign Bank
Cash Management: Disbursement & Reconcilement, Collections, Payroll Services, Insurance, Sovereign Benefits ConsultingInformation Reporting: Interactive Reporting and Initiation Services, eStatements, Fax Notification, CD-ROM Check Imaging, Electronic Data Interchange, Data ExchangeLoans & Investments: Investment Accounts, Wealth Management, Employee Pension Plan, Sweep Services, LendingCapital Markets: Investment Sales & Trading, Interest Rate Derivatives, Government Note Financing
Investment Accounts   |   Wealth Management   |   Employee Pension   |   Sweeps   |   Lending
Printer-friendly formatPrinter-friendly formatPrinter-friendly format

Mutual Funds Sweep

Mutual Funds Sweep For Government and Institutional Entities
Mutual Funds Sweep is a family of money market mutual funds managed by Fidelity Investments® that your institution can use to invest excess funds at highly-competitive rates.
With Mutual Funds Sweep, funds may be swept each business day and invested the next day in the money market mutual fund that you specify.

Funds remain in the money market mutual fund until they are needed to cover a payment. Dividends accrue daily and are paid during the first week of the following month.

You can choose from a variety of Fidelity Investments funds, tailoring your selection to your risk/return objective and your institution’s investment and tax strategy.

Non-Deposit investment products are
NOT FDIC INSURED
MAY LOSE VALUE
NO BANK GUARANTEE
Access Your Accounts
Next Steps
Call 877.506.9352
to speak with an
Government Banking 
Representative
Send an email and we will contact you within 24 hours
How May We Help You?
Search Our Site
Resources
View a list of Fidelity Investments Money Market Mutual Funds, including their corresponding Fact Sheet and Prospectus.
Compare all three of our Investment Sweep Services.
Find an ATM/Branch  |  Contact Us  |  Site Map  |  Email Sign Up
Site Preferences  |  About Sovereign  |  Careers
Privacy Policy  |  Terms of Use  | Copyright 2008 Sovereign Bank. All rights reserved.  Equal Housing Lender Equal Housing Lender - Member FDIC