A filing for the RBC U.S. Government Money Market Fund tells us that, "Effective immediately, RBC Select Class Shares and RBC Reserve Class Shares of the Fund are no longer offered and purchases of RBC Select Class Shares and RBC Reserve Class Shares will no longer be accepted. All references to RBC Select Class Shares and RBC Reserve Class Shares are hereby removed from the Prospectus and SAI. Supplement dated November 9, 2017 to the Fund's Prospectus and Statement of Additional Information ('SAI') dated January 9, 2017 (as may be supplemented from time to time). This Supplement provides additional information beyond that contained in the Prospectus and SAI and should be read in conjunction with the Prospectus and SAI." (For more recent closings and liquidations, see our Oct. 25 News, "Schwab Simplifies MMF Lineup, Lowers Minimums; Federated Muni Exits, our Sept. 18 News, "Fidelity, Dreyfus Merge Some Funds, Classes; MFI International Holdings, and a recent Dreyfus CA AMT Muni Cash Mgmt filing.) In other news, the U.S. Treasury's Office of Financial Research (OFR) updated its Money Market Fund Monitor with data as of Oct. 31, 2017.
