Money market fund and SLY: Difference between pages

Revision as of 19:37, 20 November 2015

The key short-term investment principles and prioritisation of:

Security

Liquidity and

Yield

This ordering of the principles and considerations is fundamentally important.

The safety and security of the funds invested are always the first priority.

Yield is the least important of the three considerations.

@@ Line 1: / Line 1: @@
-(MMF).
+The key short-term investment principles and prioritisation of:
-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.
+<b>S</b>ecurity
-Other money market funds seek to provide higher average expected income through a longer dated, higher risk and less liquid portfolio.
+<b>L</b>iquidity and
+<b>Y</b>ield
+This ordering of the principles and considerations is fundamentally important.
+The safety and security of the funds invested are always the first priority.
+Yield is the least important of the three considerations.
-== See also ==
-* [[Accumulating net asset value]]
-* [[Constant net asset value]]
-* [[m]]
-* [[mf]]
-* [[Money market]]
-==Other links==
+== See also ==
-*[http://www.treasurers.org/node/9362 Lessons from America, The Treasurer, September 2013]
+*[[Security]]
+*[[Liquidity]]
+*[[Yield]]
-*[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]
+===Other links===
+*[[Media:Risk and return.pdf| The Icelandic banking saga and English local authorities, UK Audit Commission, 2009]]
+*[[Media:2015_06_June_-_Safety_first.pdf| Safety first, The Treasurer, 2015]]