U.S. Preferred Investor Account

It used to be that the worldÆs best money managers were reserved for big corporations-but not anymore. You do not have to be a multi-national company to have top-performing managers working for you: just open a U.S. Preferred Investor Account.

Specially created for personal investments or individual retirement accounts of $50,000 or more, this account provides high quality money management through the use of outside mutual funds(1). The U.S. Preferred Investor Account offers mutual funds managed by Qualivest Capital Management(2), a subsidiary of U.S. Bank, and, the Frank Russell Investment Management Company (FRIMCO). FRIMCO is a subsidiary of the Frank Russell Company, one of the largest and most highly respected investment consulting firms in the world. When you combine the unique strengths of Qualivest and Russell, you have a solid foundation for managing your investment.

The Qualivest fund managers take an entrepreneurial approach to investment management. This expertise has been repeatedly recognized by independent consultants who provide advice to corporate plan sponsors and individuals. Qualivest's professionals recognize that every account represents people who are genuinely concerned about how their money is invested. Now you too can benefit from their expertise to plan for your future.

RussellÆs proven approach to choosing money managers and allocating assets has earned them the following of corporate investors worldwide. RussellÆs "multi-style/multi-manager" diversification reduces risk by spreading assets among top-rated managers with different investment approaches.

Launching your Preferred Investor Account is as easy as sitting down with a U.S. Bank Representative, who will help you identify your financial goals, your tolerance for risk, and your expectations for returns. We use this information to develop a customized investment strategy and an asset allocation thatÆs tailored to meet your objectives. We hold your funds in a money market mutual fund(1) until you approve the recommended strategy. To complete an Investment Worksheet Questionnaire and receive a free sample Portfolio, click here

Once you approve your account is invested in a mix of Qualivest and Russell mutual funds that dovetail with your strategy. This mix is reviewed at least once a year to make sure the plan still fits your needs.

Good news: You will never pay a sales charge on mutual funds in your U.S. Preferred Investor Account--there is only a quarterly asset management fee(3). Each quarter, we will send you detailed statements on all of your account activity. We will also send you a quarterly publication filled with useful information for staying on top of the financial world. And to let you stay in touch with us, thereÆs a special daytime toll-free number that gives you instant access to the customer service team:

(1) Investments in the U.S. Preferred Investor Accounts are mutual fund shares which are not insured by the FDIC: are not obligations of U.S. Bank or its affiliates; and are subject to investment risk, including possible loss of principal. Please read the prospectuses for the funds carefully before investing.

(2) Qualivest Capital Management Inc., is a subsidiary of U.S. Bank of Oregon and receives a fee for managing the Qualivest funds. See the Prospectuses for the Qualivest funds for further details.

(3) Qualivest and Russell funds pay management fees and other operating expenses from assets. See the prospectuses for these funds for further details. U.S. BankÆs quarterly asset management fee is separate from these fees and expenses.