Where are my money market funds stored?

Funds in your Brex business account that you choose to store in money market funds are segregated and held by Bank of New York Mellon. These funds are invested in the Dreyfus Government Cash Management Investor Shares (DGVXX).

The DGVXX invests solely in securities that are issued or guaranteed by the US government or its agencies or instrumentalities, repurchase agreements backed by cash, and/or government securities and cash. The fund seeks to preserve capital and liquidity while earning the highest level of current income as possible.*

You can find in-depth information on the DGVXX, such as past performance data and a prospectus, by following the steps below:

Step 1: Go to the BNY Mellon website.

Step 2: Select Cash management professionals.

Step 3: Hover over products and select overview under the heading Money Market Mutual Funds.

Step 4: Select the DGVXX entry, which will be highlighted in teal. You can also search for “DGVXX.”

Brex Treasury LLC is a member of SIPC. Securities in your account are protected up to $500,000 (including $250,000 claims for cash).***

Disclaimer

*Clients should consider the investment objectives, risks, charges and expenses of the Dreyfus Government Cash Management Investor Shares (DGVXX) carefully before investing. The prospectus and the summary prospectus contain important information related to these investments, please read them carefully.

**You could lose money by investing in a money market mutual fund. Although the fund seeks to preserve the value of your investment at $1 per share, it cannot guarantee it will do so. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. The fund’s sponsor has no legal obligation to provide financial support to the fund and you should not expect that the sponsor will provide financial support to the fund at any time. Although the fund’s board has no current intention to impose a fee upon the sale of shares or temporarily suspend redemptions if the fund’s liquidity falls below certain levels, the board reserves the ability to do so after providing at least 60 days prior written notice to shareholders.

***Performance data quoted represents past performance; past performance does not guarantee future results; current performance may be lower or higher than the performance data quoted.