MD Sass Investors Services has rolled out a short-term, liquid mutual fund. The MD Sass 1-3 Year Duration U.S. Agency Bond Fund seeks high interest income while preserving capital in adverse markets and providing capital appreciation.

The liquid mutual fund targets 100% in the highest yielding U.S. government and U.S. government agency-backed securities with one- to three-year durations. It seeks to be a value-added substitute to other short-term income-oriented securities.

Click here for the release from PR Newswire.