Money market fund: Difference between revisions
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*[http://www.treasurers.org/node/8266 Credit matters, The Treasurer, October 2012] | *[http://www.treasurers.org/node/8266 Credit matters, The Treasurer, October 2012] | ||
*[http://www.treasurers.org/node/8103 Understanding MMF investments, The Treasurer, September 2012] |
Revision as of 15:15, 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