Money market fund

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Revision as of 12:10, 2 October 2013 by imported>Doug Williamson (ACT Website link added 2/10/13)
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(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


Other links

Lessons from America, The Treasurer, September 2013