Healthcare Liquid Asset Fund
Created exclusively for hospitals and healthcare organizations, the Healthcare Liquid Asset Fund (HLAF) was built for one thing: to provide a better liquidity option for the healthcare industry.
Safety
Liquidity
Yield
Capture greater yield potential
HLAF pairs the stability you require—a $1.00 NAV and daily liquidity—with consistently stronger yield potential, made possible by a broader set of high-quality investments than those permitted in traditional government money market funds and a highly competitive expense ratio.
Keep more of what your cash earns
Because HLAF eliminates platform costs and third-party fees, more of what you earn stays within your organization. HLAF doesn’t just hold cash. It elevates it—turning liquidity into a strategic advantage for healthcare leaders.
The HLAF Difference
• AAA rated by S&P, Moody’s, and Fitch
• Stable net asset value ($1.00 per share)
• Daily liquidity
• Yield published daily
• Income accrues daily, distributed first
business day of following month
• Secure, dedicated portal for online transactions, available 24/7 with real-time data
• On-demand reporting, including monthly statements, confirmations, and current balances and accrued interest
• Holdings and key metrics available on portal
• Daily mark-to-market NAV available
• No transaction fees and unlimited accounts
• Annually audited financial statements
• Competitive expense ratio without additional platform expenses
• Advisory board comprised of participating healthcare systems and industry experts
Service Providers
MEEDER PUBLIC FUNDS
Investment Advisor
COHEN & CO.
Auditor
MOODY’S
Rating Agency
MUTUAL FUND ADMINISTRATORS
Fund Administrator
VEDDER PRICE
Legal Council
S&P GLOBAL RATINGS
Legal Council
U.S. BANK
Custodian
MEEDER DISTRIBUTION SERVICES
Distributor
FITCH
Rating Agency
HLAF: A smarter standard for healthcare cash
Enrolling is easy.* Fill out this form to get started.
* Only available to qualifying purchasers.
