Page 3 - May 24, 2023
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{ 2 }  SNJ Today  |  MAY 24, 2023                                                                                    MAY 24, 2023  |  { 3 }

                                                                                   Compare rates to see

                                                                                   how we stack up.

                                                                                   CD rates                         Money Market Fund

                                                                                   6 months (as of  5/16/23)        Schwab Value Advantage
                                                                                                       %            Money Fund  SWVXX

                                                                                   5.22 APY                         $0 investment minimum
                                                                                                                    The funds’ Investor Shares have no initial investment minimum;
                                                                                                                    however, Schwab systems require a minimum of $1 per trade.
                                                                                   Minimum deposit $1,000
 with allies and partners to preserve a free                                       12 months (as of  5/16/23)       4.90                %
 and open Indo-Pacific region. Service   Millville High                                                %
 members in this region are part of the   School Indoor                                                             Minimum deposit $0
 U.S. Pacific Fleet, which has the largest                                         5.20 APY                         7-day yield
 area of responsibility in the world.  Guard Team                                  Minimum deposit $1,000           (with waivers) as of  5/15/23
 “I am proud to serve with all the dif-
 ferent people that I got to work alongside  Takes First Place                     2 years (as of  5/16/23)         Competitive yields on money
 and to help the new generations coming                                                                %            market funds and CDs available
 into the Navy,” said Rosado. “Being in the   performance, this year he decided to                                  through Schwab could help you
 Navy means that I am making a differ-  The Mlllville High School Indoor   move in a different direction by choos-  4.95 APY  meet your financial goals, and
 ence. I am giving up my time and liberty   Guard recently took home the title at the   ing a rendition of Amazing Grace by the   Minimum deposit $1,000  that’s always a good thing.
 to protect my family, so people back   Tournament Indoor Association (TIA)   acapella group Pentatonix. This choice
 home can enjoy their time and feel safe.”  Atlantic Coast Championships. The team   resulted in an emotional performance
 Rosado is grateful to others for help-  of 11 students, including two 8th grade   by the students that incorporated props   Call your local Schwab branch at 856-506-3412 or visit
 ing make a Navy career possible.  students from Maurice River Township,   including flags, sabers, rifles, and lengths to find out more.
 “I would like to thank my grandfather   had been honing their routine since   of chain.
 and grandmother who gave me a very   November 2022.   It was this performance that earned
 good foundation and helped me learn   “These kids are incredible,” said   the Indoor team 1st place at the Region   Donald Daigle
 right from wrong,” added Rosado.  Director John Rilley of the color guard   1 Championships at Eastern Regional   Branch Leader and Financial Consultant
     team, at a special celebratory perfor-  High School in April with a score of
 PHOTO: LT. CMDR. JACOB JOY, NAVY   mance at Millville High School on May   94.2. The team would then go on to com-  2184 North 2nd Street
 OFFICE OF COMMUNITY OUTREACH  8, “they worked so hard and so diligently   pete against 50 other color guard teams   Millville, NJ 08332
     this past season.”                                                            856-506-3412
        The MHS Indoor Guard team cur-    in the three-day TIA Atlantic Coast
     rently operates as an after-school club.   Championship series in Wildwood earlier
     Riley has worked with Millville High   this month, including school programs   Certificates of deposit available through Schwab CD OneSource® typically offer a fixed
     School for 10 years as the director of   across New Jersey and neighboring    rate of return, although some offer variable rates. They are FDIC-insured and offered
                                                                                   through Charles Schwab & Co., Inc.
     the Outdoor Guard and has spent the   states. On the final day of the competi-  Investors in money market funds should carefully consider information contained in the
     past five years at the helm of the Indoor   tion, they emerged TIA Scholastic Region   prospectus, or, if available, the summary prospectus, including investment objectives,
     Guard. Students spend the fall season   Champions with a nearly perfect score of   risks, charges, and expenses. You can request a mutual fund prospectus by calling
                                                                                   Schwab at 1-800-435-4000. Please read the prospectus carefully before investing.
     on the Outdoor Guard team, performing   97.34.                                You could lose money by investing in the Schwab Money Funds. SWVXX seeks to preserve the value of
     alongside the Marching Bolts marching   “It’s not about a score, it’s about a   your investment at $1.00 per share, but cannot guarantee it will do so. SWVXX may impose a fee upon
     band, which not only takes the spotlight   performance,” says Rilley. It’s safe to say   the sale of your shares or may temporarily suspend your ability to sell shares if the fund’s liquidity
     during Varsity football games, but com-  that the team delivered on both those   falls below required minimums because of market conditions or other factors. An investment in the
                                                                                   Schwab Money Funds is not insured or guaranteed by the Federal Deposit Insurance Corporation or
     petes on the Tournament of Bands (TOB)   counts.                              any other government agency. The Schwab Money Funds’ sponsor has no legal obligation to provide
     circuit and NJMBDA circuit.            Members of the 2023 championship       financial support to the Funds, and you should not expect that the sponsor will provide financial
                                                                                   support to the Funds at any time.
        During the winter season, they change   Indoor Guard team: Jose Bravo, Katelyn   Past performance is no guarantee of future results. For the most recent 7-day yields, see
     gears to competitively perform on the   Ciaurelli, Chloe Cosgrove, Ashley Costa,   The 7-Day Yield is the average income paid out over the previous seven days assuming interest income
     TIA circuit without the accompaniment   Rylee Dare, Teahnni Goodwin, Camryn   is not reinvested and it reflects the effect of all applicable waivers. Absent such waivers, the fund’s
     of the band. For the 2022-2023 season,   Guy, Madison Hannah, Dafne Moran,    yield would have been lower.
     both groups emerged with championship   Jesus Perez, and Amelia Sooy.         Charles Schwab Investment Management, Inc. (CSIM), the investment advisor for Schwab Funds, and
                                                                                   Schwab, Member SIPC, the distributor for Schwab Funds, are separate but affiliated companies and
     titles.                                                                       subsidiaries of The Charles Schwab Corporation.
                                          MHS Indoor Guard team members pose with
        According to Rilley, while last year   Director John Rilley after the celebration per-  ©2023 Charles Schwab & Co., Inc. All rights reserved. Member SIPC.
     the Indoor team presented a jazz-themed   formance at Millville High.          CC7019834 (0523-38W4)  ADP119092R-00 (09/22)  00278560  SCH11020-64
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