You may opt out of the Money Market Sweep Program at any time through Client Portal → Settings → Money Market Sweep Program by selecting the opt-out option on the enrollment screen…

Enrollment Process

To enroll in the Money Market Sweep Program eligible clients will receive an invitation message via Client Portal → Message Center. You may also access the enrollment screen directly via Client Portal → Settings → Money Market Sweep Program…

No. The Money Market Funds that form part of the sweep facility are restricted for client-initiated orders. You cannot place, modify, or cancel orders on these funds through any IBHK trading platform. The sweep is managed entirely and automatically by IBHK on your behalf once you have enrolled…

Eligibility Criteria

To participate in the Program, your account must meet all of the following criteria:…

Yes. Your participation in the Money Market Sweep Program will never interfere with your ability to withdraw cash or trade. If your free USD cash balance falls below the USD 100,000 threshold as a result of trading activity or a withdrawal request, IBHK will automatically redeem sufficient Money Market Fund shares to restore your cash balance. No action is required on your part…

Overview

The IBHK Money Market Sweep Program automatically invests your idle USD cash into professionally managed money market funds, allowing you to earn competitive returns while keeping your cash fully available for trading. Each business day, 90% of your free USD cash balance above USD 100,000 is swept into Money Market Funds. Your first $100,000 always remains as cash with IBHK, and you own the fund shares directly, meaning that all returns belong entirely to you…

IBHK does not charge clients a separate fee to participate in the Money Market Sweep Program. However, the funds offered under the Program carry an expense ratio that is deducted from fund distributions before they are passed through to you. A portion of this expense ratio is received by IBHK as a distribution fee paid by the fund manager. Full details of the applicable fees for each fund are available in the fund prospectus, accessible to eligible clients through the Client Portal…

The Money Market Fund shares are owned by you. The funds offered under the Program are distributing funds, meaning they pay out cash dividends periodically. These distributions are passed through to your account.

The return generated through the Program is derived from fund distributions, not from interest paid by IBHK. The tax treatment of fund distributions will follow IBHK's standard treatment for mutual fund income…

Once you become eligible for the Money Market Sweep Program, IBHK will send you an invitation message through Client Portal → Support / Message Center.

• Invitation messages are sent periodically to eligible clients. …

If you hold Money Market Fund positions as part of the Money Market Sweep Program and submit an account transfer request, the request will be rejected. You will need to opt out of the Program and ensure that your Money Market Fund positions have been fully redeemed before initiating a transfer…

In determining the portion of a client's cash balance eligible to be for the Money Market Sweep Program, the following balances are excluded:

• Unsettled cash balances;
• The first $100,000 of settled cash maintained in the account;…

While Money Market Funds are considered low-risk investment vehicles, participation in the Program is not without risk.

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Your Money Market Fund holdings under the Program are visible across IBHK's platforms and reports.