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What is a money market mutual fund?
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18th Nov 2009 by Gary
A money market mutual fund is a mutual fund which invests in low interest rate securities like Treasuries to bring a safe but predictable return to those investing in the fund. They are not to be confused with money market accounts, which are offered by banks and are similar to a savings account. Safety is the purpose of a money market mutual fund account.
A money market mutual fund is a mutual fund which invests in low interest rate securities like Treasuries to bring a safe but predictable return to those investing in the fund. They are not to be confused with money market accounts, which are offered by banks and are similar to a savings account. Safety is the purpose of a money market mutual fund account.
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18th Nov 2009 In Mutual Funds
1 Answers | 245 Views
Subjects: money market mutual fund,
mutual fund,