Money market fund: Difference between revisions
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==Other links== | |||
[http://www.treasurers.org/node/9362 Lessons from America, The Treasurer, September 2013] | |||
Revision as of 12:10, 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
