Sanctuary Cash Sweep Program

Effective August 16th 2024, Sanctuary will make changes to its cash sweep programs.

Please click here for a full description of changes.

 

Dreyfus Insured Deposits Sweep Product (DIDH)

Sanctuary Securities utilizes the Dreyfus Insured Deposit Product H (DIDH) bank sweep to automatically invest eligible cash balances as part of its cash sweep program. Please visit https://www.dreyfus.com/sitelets/insured-deposits/dreyfus-insured-deposits-program-h-didh.html for further disclosures as well as the terms and conditions of the DIDH product.

Overflow Money Funds

In the event cash held in an account exceeds $2.5 million or participating banks in the sweep program are unable to accept new deposits, a Dreyfus Cash Management fund has been selected to automatically accept overflow deposits. The Dreyfus Insured Deposits Sweep Product (DIDH) utilizes Dreyfus Government Cash Management fund (Ticker: DGUXX). For more information on the overflow money market funds please search the ticker symbols provided on any internet search browser.