Money market fund: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson m (ACT Website link added 2/10/13) |
imported>Doug Williamson No edit summary |
||
| Line 19: | Line 19: | ||
[http://www.treasurers.org/node/9362 Lessons from America, The Treasurer, September 2013] | [http://www.treasurers.org/node/9362 Lessons from America, The Treasurer, September 2013] | ||
[http://www.treasurers.org/node/8266 Credit matters, The Treasurer, October 2012 | [http://www.treasurers.org/node/8266 Credit matters, The Treasurer, October 2012] | ||
Revision as of 15:03, 2 October 2013
(MMF).
A managed fund which invests in money market instruments.
Some money market funds are structured as 'liquid' money market funds, designed to be lower risk managed funds by - among other features - investing only in liquid money market instruments of the highest credit quality.
Other money market funds seek to provide higher average expected income through a longer dated, higher risk and less liquid portfolio.
See also
