Definition of Money-market funds - Finance dictionary
Money-market funds(See Chapter 47 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 asset value 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 47 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 asset value 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 47 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 asset value of a fund. This Return is similar to that of the money Market. Money Market funds are also called cash mutual funds.