Money market fund

(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

• Accumulating net asset value
• Constant net asset value
• Daily liquid assets (DLA)
• FAM
• Fund
• Liquidity buffer
• Liquidity fee
• Liquidity Fund
• Liquidity gate
• Low-volatility NAV
• m
• mf
• Money market
• Money market fund reform: a light at the end of the tunnel?
• Money Market Funds Regulation
• Redemption gate
• Reverse distribution mechanism
• Rule 2a-7
• Short-term money market fund (STMMF)
• Variable net asset value
• Weekly liquid assets (WLA)
• Weighted Average Life
• Weighted average maturity

Other links

• How money market funds are passing the crisis test, The Treasurer, June/July 2020

• MMF reform: how will it affect treasurers? Fitch-ACT