David D. SylvesterExecutive Vice President
Wells Capital Management
Wells Fargo Advantage Money Market Funds
For two decades, Dave Sylvester has managed the Wells Fargo Advantage Money Market Funds. During that time he has maintained a steadfast discipline of rigorous credit analysis and attentive capital preservation that has earned both him and our money market funds a distinguished reputation for risk controlled cash management.
Mr. Sylvester began his career as a fixed income manager at the National Bank of Detroit in 1974. He joined Norwest Corporation as a fixed income portfolio manager and trader in 1979, later becoming manager of the fixed income institutional group. Norwest subsequently merged with Wells Capital Management. Since 1987, Mr. Sylvester has specialized in short-term investments and the management of money market funds.
Mr. Sylvester believes that preserving principal and providing liquidity are the foremost objectives of a money market fund. The pursuit of excess yield is secondary to these primary objectives. Our money market funds, under his leadership, tenaciously adhere to this philosophy in an effort to align with the best interests of our shareholders at all times.
An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Wells Fargo Advantage Money Market Funds seek to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in a money market fund.
This Web site is accompanied by current prospectuses for Wells Fargo Advantage Funds®.
© 2010 Wells Fargo Funds Management, LLC. All rights
reserved. Wells Fargo Funds Management, LLC, a wholly owned subsidiary of Wells Fargo & Company, provides investment advisory and administrative services for Wells Fargo Advantage Funds. Other affiliates of Wells Fargo & Company provide subadvisory and other services for the Funds. The Funds are distributed by Wells Fargo Funds Distributor, LLC, Member FINRA/SIPC, an affiliate of Wells Fargo & Company.
