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| Fund profile |
Objective
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Portfolio manager(s)
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| Delaware Cash Reserve Fund seeks to provide maximum current income, while preserving principal and maintaining liquidity. |
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Cynthia I. Isom (1998)
Delaware Management Company
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Main investment strategies
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The Fund invests in short-term money market securities, including securities issued or guaranteed by the U.S. government, its agencies or instrumentalities, asset backed securities, and short-term debt instruments of banks and corporations. Delaware Cash Reserve Fund is a money market fund. A money market fund is designed for stability of principal; consequently, the level of income fluctuates. We maintain an average maturity of 90 days or less. Also, we do not purchase any instruments with an effective remaining maturity of more than 397 calendar days (approximately 13 months). We intend to hold our investments until maturity, but we may sell them prior to maturity in order to shorten or lengthen the average maturity of the bonds in the portfolio, increase the yield, maintain the quality of the portfolio, or maintain a stable share value.
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| Fund information (As of 10/31/09) |
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| Total net assets |
$445.5 million |
| Class A |
$417.1 million |
| Class B |
$6.0 million |
| Class C |
$10.0 million |
| Inception date |
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| Class A |
06/30/78 |
| Class B |
05/02/94 |
| Class C |
11/29/95 |
| Dividends |
Mid Month |
| Capital gains |
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Effective at the close of business on May 31, 2007, no new or subsequent investments will be allowed in Class B shares of the Delaware Investments® Family of Funds except through a reinvestment of dividends or capital gains or permitted exchanges. http://www.delawareinvestments.com/Corporate/shareholder/supp_bclass.pdf
An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Fund seeks to preserve the value of an investment at $1.00 per share, it is possible to lose money by investing in the Fund.
A rise/fall in the interest rates can have a significant impact on bond prices and the NAV (net asset value) of the fund. Funds that invest in bonds can lose their value as interest rates rise and an investor can lose principal.
The Delaware information provided herein may be used in conjunction with the offering of shares only if preceded or accompanied by a prospectus. All Delaware Funds are offered by prospectus only. The prospectus contains more complete information on advisory fees, distribution charges, and other expenses and should be read carefully before investing or sending money. A printed copy of any Delaware Investments fund prospectus may be obtained by calling Delaware Investments at 800 523-1918.
Distributed by Delaware Distributors L.P.
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