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Exclusive   Cash sweep accounts
  STATISTIC: The average annual yield paid on amounts up to $100,000  
  is 0.56 percent in these cash accounts.  
   
   
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Cash sweep results

Merrill Lynch
By Bankrate.com
 
Study results
Select:
Broker: Merrill Lynch
Web site: www.ml.com
Sweep accounts
Money market fund
Default sweep account
Cash in account
Rate
Yield
Ticker symbol
Expense ratio
ML Bank Deposit Program/RASP
$0 - $250,000
0.25%
0.25%
 
$250,000 - $999,999
 2.32% 2.32%    
 
$1M - $9,999,999
2.33% 2.33%    
 
$10M+
 3.47% 3.47%    
Comment: None
Date: March 31, 2008
Money market fund BlackRock Money Market Portfolio BlackRock Municipal Money Market Portfolio
Can $ be swept into a MMF automatically? (Yes/No)
No
-
Minimum to invest
$1,000
$1,000
Additional deposits
$100
$100
7-day effective yield
2.92%
2.05%
Ticker symbol
PNIXX
PNMXX
Expense ratio
0.22%
0.27%
Comment: None
Date: March 28, 2008
Create a news alert for "investing" -- Posted: April 24, 2008
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CDs and Investments
Compare today's rates
NATIONAL OVERNIGHT AVERAGES
1 yr CD 0.75%
2 yr CD 0.91%
5 yr CD 1.52%
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