JPMC LMS - Opinion....

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cutedesi
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Joined: Fri Mar 24, 2023 3:31 pm

JPMC LMS - Opinion....

Post by cutedesi »

Currently my liquid cash is being held in money market funds at Fidelity and Vanguard. I have a brokerage account with JPMC and was looking at options and came across Liquidity Management options (LMS) which is a Dynamically managed portfolio aimed to deliver income and capital preservation by investing in shortterm fixed income mutual funds and ETFs.

As of April end, they delivered a 5.44% yield after costs compared to 4.75% ICE BofA US Treasury Bill Index. Does anyone have experience with this product and would you recommend it for parking some cash?
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