Definition of Money-market funds - Finance dictionary
Money-market funds(See Chapter 46 of the Vernimmen)
Money-market funds are mutual funds that issue or buy back their shares at the request of investors at prices that must be published daily. The return on a money-market fund arises on the daily appreciation in the net assetvalue of a fund. This return is similar to that of the money market. Money market funds are also called cash mutual funds.
Money-market funds(See Chapter 46 of the Vernimmen)
Money-market funds are mutual funds that issue or buy back their shares at the request of investors at prices that must be published daily. The return on a money-market fund arises on the daily appreciation in the net assetvalue of a fund. This return is similar to that of the money market. Money market funds are also called cash mutual funds.
Money-market funds(See Chapter 46 of the Vernimmen)
Money-market funds are mutual funds that issue or buy back their shares at the request of investors at prices that must be published daily. The return on a money-market fund arises on the daily appreciation in the net assetvalue of a fund. This return is similar to that of the money market. Money market funds are also called cash mutual funds.