First American Retail Prime Obligations Fund — new fund registration

FIRST AMERICAN FUNDS INC registered 1 new fund series on Form 485APOS, filed 2016-02-19. Featured series: First American Retail Prime Obligations Fund.

Registration

Registrant / trust: FIRST AMERICAN FUNDS INC
CIK: 0000356134
Form: 485APOS
Filed: 2016-02-19
State of incorporation: MN
Accession: 0000897101-16-001898

Series & classes (6)

Series	Class	Ticker	New
First American Retail Prime Obligations Fund	Class A	—	Yes
First American Retail Prime Obligations Fund	Class D	—	Yes
First American Retail Prime Obligations Fund	Class I	—	Yes
First American Retail Prime Obligations Fund	Class Y	—	Yes
First American Retail Prime Obligations Fund	Class Z	—	Yes
First American Retail Prime Obligations Fund	Institutional Investor Class	—	Yes

Fees (from the effective prospectus)

12b-1 fee: 0.25%
Gross expense ratio: 0.77%
Management fee: 0.10%
Net expense ratio: 0.75%
Other expenses: 0.13%

Investment objective

Retail Prime Obligations Funds objective is to seek maximum current income to the extent consistent with the preservation of capital and maintenance of liquidity.

Advisers

U.S. Bancorp Asset Management, Inc. (Advisor)