Money market mutual funds are mutual funds that invest in short-term debt instruments, cash, and cash equivalents. For an investor who wants to invest in the money market, money market mutual funds is a safe way to do this. Since the short-term debt securities are less risky and offer less returns than other mutual funds, the money market mutual funds is an option for investors that are risk-averse.
If you have excess cash and you want to safely keep your cash somewhere, it is a good option to park it in a money market mutual fund. The investor can withdraw the same amount whenever there is a need. If the investor makes up his mind to invest in money market mutual funds out of his idle cash, the mutual fund will allot him the shares of money market mutual fund against the cash.
1.1. Money provides a convenient measuring rod when the
2.1. Banks are required by law to keep a
What assets do money market mutual funds acquire? Could an individual
Currency held outside banks is $400 billion, checkable deposits amount
What assets do money market mutual funds acquire? Could an individual
What purpose initially motivated Merrill Lynch to offer money market mutual funds
Using the data in Table 17–2, discuss the growth
Define, compare, and contrast the following short-term investments
Currency held outside banks is $100 billion, money market mutual
If $4 million is transferred from checkable deposits into money market
