Leptokurtic frequency distribution and Money market fund: Difference between pages

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A leptokurtic frequency distribution (or leptokurtotic distribution) has a larger number of values clustered at the peak and in the tails, than a comparable normal distribution with the same variance and mean.
(MMF).  


A possible explanation for this shape is that the market under review is mean reverting for small market movements (explaining the clustering at the peak) and trending for large market movements (explaining the clustering in the tails).
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 ==
== See also ==
* [[Frequency distribution]]
* [[Accumulating net asset value]]
* [[Leptokurtosis]]
* [[Constant net asset value]]
* [[Lognormal frequency distribution]]
* [[Liquidity fund]]
* [[Mean reversion]]
* [[m]]
* [[Normal distribution]]
* [[mf]]
* [[Normal frequency distribution]]
* [[Money market]]
* [[Tail]]
* [[Money market fund reform: a light at the end of the tunnel?]]
* [[Trend analysis]]
* [[MCT]]
* [[Volatility smile]]
* [[CertICM]]
* [[Cash investing in a new world]]
 
 
===Other links===
*[http://www.treasurers.org/node/9362 Lesson from America, The Treasurer, September 2013]
 
*[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]


[[Category:The_business_context]]
[[Category:Treasury_operations]]

Revision as of 09:14, 11 May 2015

(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

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