How to Invest

To invest in MSDLAF+, complete the following steps:

Carefully review the Information Statement.
Download and complete the New Investor Application form (available in our Forms and Documents section) and have it signed by the appropriate individuals.
Complete a W-9 form (available in our Forms and Documents section) to open the initial account with MSDLAF+.
Resolution: Adopt a resolution to join MSDLAF+. To download a Sample Resolution that has been used as a model by most Investors, see the Forms and Documents section.
Send the completed documents (New Investor Application form, W-9 form, and Resolution) to MSDLAF+ either by fax to 888.535.0120 or mail to P.O. Box 11760, Harrisburg, PA 17108-1760.

You should review the Information Statement (including any Supplements) and Declaration of Trust before investing. For more information, see our FAQs section.

Individually Managed Portfolios

Investors may also open an individually managed portfolio through a separate agreement with MSDLAF+’s investment adviser. The Individual Account Investment Advisory Agreement is available upon request by calling 888.4.MSDLAF. With an individually managed portfolio, the investment adviser will purchase investments tailored to meet the school district's liquidity needs or specific draw schedule. Investment purchases are governed by the school district’s investment policy or bond documents.

IMPORTANT MESSAGE: Columbus Day/Indigenous Peoples Day holiday

IMPORTANT MESSAGE: Due to the Columbus Day/Indigenous Peoples Day holiday, the Fund will be closed on Monday, October 14, 2024.

Updated Information Statement Available

An updated Information Statement, dated October 1, 2024, is now available for review. Please click here to access the document. If you have any questions, please email CSGMWW@pfmam.com.

Alert: Technical Issue

Due to a technical issue, the publication of monthly statements for fixed income separately managed accounts will be delayed. We are working to resolve this issue as soon as possible.

We apologize for any inconvenience. Should you have questions or require assistance, please contact your Relationship Manager or the Client Services Group.

Please enter your color in the box below for the top navigation bar and side navigation bar. Make sure there are no extra spaces in the box below:

#02378B

Please enter your font style below in the box.

*Make sure there are no extra spaces in the box and do not delete the box:

Helvetica

Please enter your color in the box below for the login button and top left icon. Please make sure there are no extra spaces in the box:

#D7D4EA

This information is for institutional investor use only, not for further distribution to retail investors, and does not represent an offer to sell or a solicitation of an offer to buy or sell any fund or other security. Investors should consider the investment objectives, risks, charges and expenses before investing in any of the Fund's series. This and other information about the Fund's series is available in the Fund's current Information Statement, which should be read carefully before investing. A copy of the Fund's Information Statement may be obtained by calling 1-888-4-MSDLAF or is available on the Fund's website at www.msdlaf.org. While the MSDLAF+ Liquid Class and MAX Class seek to maintain a stable net asset value of $1.00 per share and the MSDLAF+ TERM series seeks to achieve a net asset value of $1.00 per share at its stated maturity, it is possible to lose money investing in the Fund. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency Shares of the Fund are distributed by U.S. Bancorp Investments, Inc., member FINRA (www.finra.org) and SIPC (www.sipc.org). PFM Asset Management is a division of U.S. Bancorp Asset Management, Inc., which serves as administrator and investment adviser to the Fund. U.S. Bancorp Asset Management, Inc. is a direct subsidiary of U.S. Bank N.A. and an indirect subsidiary of U.S. Bancorp. U.S. Bancorp Investments, Inc. is a subsidiary of U.S. Bancorp and affiliate of U.S. Bank N.A.