Viewing funds from The Reserve on My Financial Accounts

Transcription

1 Financial planning services and investments offered through Ameriprise Financial Services, Inc. Member FINRA and SIPC Ameriprise Financial, Inc. All rights reserved Viewing funds from The Reserve on My Financial Accounts November 2008

2 Previously, your Reserve fund appeared on the Holdings tab under Cash & Equivalents Ameriprise Financial, Inc. All rights reserved. (10/08) 2

3 Your Reserve fund then moved to the Mutual Funds section on the Holdings tab Ameriprise Financial, Inc. All rights reserved. (10/08) 3

4 Your account activity reflects the movement of your Reserve fund from a Cash holding to a Mutual Fund holding. The buy transaction reflects the transfer of your shares into the mutual fund holding; it is not a new purchase Ameriprise Financial, Inc. All rights reserved. (10/08) 4

5 When your Reserve fund is redeemed, your available cash will move back to being displayed in the Cash & Equivalents section. New money deposited to your account will also appear here Ameriprise Financial, Inc. All rights reserved. (10/08) 5

6 When your Reserve fund shares are redeemed, your account activity will display this as a Sell transaction Ameriprise Financial, Inc. All rights reserved. (10/08) 6

7 Reserve Primary fund will appear as an unrealized loss until the fund has been redeemed in full Ameriprise Financial, Inc. All rights reserved. (10/08) 7

8 As other Reserve funds are redeemed, they will appear as a wash under Realized Gain/Loss Ameriprise Financial, Inc. All rights reserved. (10/08) 8

9 If you don t have overdraft protection or a margin agreement and you make withdrawals by using your ATM card, writing checks or making online bill payments while your cash is tied up in your Reserve fund, you may see a negative cash value until your Reserve fund is redeemed or you deposit new money Ameriprise Financial, Inc. All rights reserved. (10/08) 9

10 These withdrawals will be reflected in the Activity section Ameriprise Financial, Inc. All rights reserved. (10/08) 10

11 If you have a margin agreement and eligible securities and make withdrawals while your cash is tied up in your Reserve fund, you may see a negative margin value until your Reserve fund is redeemed or you deposit new money Ameriprise Financial, Inc. All rights reserved. (10/08) 11

12 Your account activity would reflect the margin transaction, any interest charges, as well as the reversal of interest (in this screen shot interest is pending and therefore not illustrated) Ameriprise Financial, Inc. All rights reserved. (10/08) 12

13 If you make withdrawals and incur a balance on your Overdraft Protection line of credit due to your cash being tied up in a Reserve fund, you can find your balance on the Your Accounts page Ameriprise Financial, Inc. All rights reserved. (10/08) 13

14 Your Ameriprise ONE Financial Account activity will reflect the transfer from your Overdraft Protection line of credit to cover the withdrawal from your account, and the payoff of the balance when your Reserve fund is redeemed Ameriprise Financial, Inc. All rights reserved. (10/08) 14

15 Your Overdraft Protection Account activity will reflect the transfer of funds to cover the withdrawal from your Ameriprise ONE Financial Account, and the payoff of the balance when your Reserve fund is redeemed Ameriprise Financial, Inc. All rights reserved. (10/08) 15

16 Initially, your sweep option changed to Ameriprise Cash, which has been posting new interest rates almost daily during these times of extreme market volatility. At month-end, My Financial Accounts reflects each rate change as a transaction Ameriprise Financial, Inc. All rights reserved. (10/08) 16