Mercury Treasury helps you earn yield on idle cash by investing in high-liquidity, lower-risk mutual funds. Here's how it works and why teams use it.
How Treasury earns yield
- Funds in Mercury Treasury are invested in mutual funds, which generally seek to offer a yield
- These funds typically provide higher yields than traditional savings accounts, though yields vary and are not guaranteed
- You can view the latest yields anytime at mercury.com/treasury
Portfolio options
You can allocate funds between two investment options in 10% increments:
State Street Institutional U.S. Government Money Market Fund: Mercury Class (MRGXX)
- A fund that seeks income with same-day liquidity* and principal stability
- Invests at least 99.5% of its total assets in cash, U.S. government securities, and/or repurchase agreements that are collateralized solely by U.S. government securities or cash
- Liquidity: 0-1 business days*
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View MRGXX prospectus
*"Same-day withdrawals" only applies to funds invested in the State Street Institutional U.S. Government Money Market Fund: Mercury Class. Cutoff for transfers to settle same-day is 3pm ET each business day, subject to partner processing times. Read fund prospectus for additional information.
Morgan Stanley Ultra-Short Strategy Portfolio: Mercury Class (MCRYX)
- An ultra-short bond fund made up of cash equivalents and short-term assets i.e.commercial paper and certificates of deposit.
- Liquidity: 1-2 business days
- View MCRYX prospectus
Access to your funds
- You can withdraw money from your Mercury Treasury account at any time — the time it takes to transfer out will vary depending on which fund the money is invested in
- Delays may occur due to account standing
- Treasury deposits and withdrawals typically take 0–2 business days
You can learn more about timelines in our Managing your Treasury account article
Why teams use Treasury
- Convenience: Keep all your cash management in one place
- Smarter automation: Automatically transfer idle cash between accounts with customizable twice-monthly transfer dates
- Peace of mind: Funds are held in lower-risk investments managed by trusted partners like Morgan Stanley and J.P. Morgan Asset Management
Investment advisory products and services are offered by Mercury Advisory, LLC (“MA”), an SEC-registered investment advisor. MA is an affiliated subsidiary of Mercury Technologies, Inc. Funds in Mercury Treasury are subject to investment risks, including possible loss of the principal invested, and past performance is not indicative of future results. Important information and disclosures at mercury.com/treasury.