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We’ve chosen Charles Schwab & Co., Inc. (Schwab) because they share our commitment to helping you build a stronger financial future.
Another way to put your cash to work
A money market fund is a type of mutual fund that invests in short-term, higher quality securities. It seeks to provide high liquidity with lower risk, stability of capital and typically higher yields than some other cash products.
Investing is simpler than ever.
Steps to complete Investing is simpler than ever.
Start an investment account for as little as $5.
You don’t need to have wealth to start building wealth. For just $5, you can invest in fractional shares through Schwab Stock Slices™.
You’ll need a Schwab brokerage account to start investing.
Important Information:
Important information from USAA Investment Services Company (ISCO):
Review our relationship with you in our Relationship Summary PDF.
Important information from USAA Investment Services Company (ISCO):
ISCO is not a client of Schwab. ISCO is compensated by and has an incentive to promote Schwab. However, these costs are not passed on to USAA members. Download USAA's Referral Arrangement Disclosure PDF.
Important information from Schwab:
Investors should consider carefully information contained in the prospectus, or if available, the summary prospectus, including investment objectives, risks, charges and expenses. You can request a prospectus by calling 800-435-4000. Please read the prospectus carefully before investing.
You could lose money by investing in the Schwab Money Funds. All Schwab Money Funds seek to preserve the value of your investment at $1.00 per share, but cannot guarantee they will do so. All Schwab Money Funds with the exception of Schwab Government Money Fund, Schwab Retirement Government Money Fund, Schwab U.S. Treasury Money Fund, Schwab Treasury Obligations Money Fund, and Schwab Government Money Market Portfolio may impose a fee upon the sale of your shares if the Fund’s board or its delegate determines that the fee is in the best interests of the Fund. An investment in the Schwab Money Funds is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Schwab Money Funds' sponsor has no legal obligation to provide financial support to the Funds, and you should not expect that the sponsor will provide financial support to the Funds at any time.
Schwab Asset Management® is the dba name for Charles Schwab Investment Management, Inc. (CSIM), the investment adviser for Schwab Funds. Schwab Funds are distributed by Charles Schwab & Co., Inc. (Schwab), Member SIPC. Schwab Asset Management and Schwab are separate but affiliated companies and subsidiaries of the Charles Schwab Corporation.
Learn more about USAA Investment Services Company Opens in a New Window or Charles Schwab Opens in a New WIndow on FINRA's BrokerCheck website.