Are Mutual Funds covered by Deposit Insurance?
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Home FAQ Are Mutual Funds covered by Deposit Insurance?
Are Mutual Funds covered by Deposit Insurance? Print

Mutual funds, be they general or issued as a member’s proprietary funds, are NOT covered by deposit insurance.

 
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Disclaimer

Please Note: This website is designed to give general information about deposit insurance and should not be relied upon as definitive. The actual deposit insurance coverage provided by BDIC following the failure of a member institution is based on the deposit account records at the failed member institution and is governed by the Deposit Insurance Act.