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CVGXX

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1d
1w
1m

Analysis and statistics

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About

CVGXX.US represents the Cash Reserves Government Fund, a money market fund offered by Charles Schwab Investment Management. It is designed to provide investors with a high level of current income consistent with the preservation of capital and liquidity by investing primarily in U.S. government securities, repurchase agreements collateralized by such securities, and cash.
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Factors

Interest Rates: CVGXX's yield, and thus its price, is heavily influenced by prevailing interest rates, particularly the Federal Reserve's policy rate. Higher rates generally lead to higher yields and potentially a more attractive price. Money Market Conditions: The overall health and liquidity of the money market impact CVGXX's returns. Stressed market conditions can affect the fund's ability to find attractive short-term investments. Fund Expenses: The expense ratio charged by the fund's management directly affects the net return to investors, influencing its overall attractiveness and perceived price relative to alternatives. Credit Risk: Although CVGXX invests in high-quality debt, changes in the perceived creditworthiness of underlying issuers can impact the fund's performance and, indirectly, its price.

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