United Cash Management Pool Class F

The fund’s objective is to earn an ongoing flow of current income while preserving invested capital and liquidity, primarily through investments in income-oriented investments such as treasury bills, bankers’ acceptances and commercial paper with maturities not in excess of one year. The portfolio advisor employs fundamental and technical analysis and other measures of value to analyze prospective income-oriented investments such as treasury bills, bankers’ acceptances and commercial paper with maturities not in excess of one year. The portfolio advisor selects such investments on the basis of the perceived relative risk and liquidity associated with the target investment and its impact on the balance of the portfolio while seeking to minimize both tax consequences and transaction costs.