Question

what is money market fund ?

Answer 1

hey mate......


A money market fund is an open-ended mutual fund that invests in short-term debt securities such as US Treasury bills and commercial paper. Money market funds are widely regarded as being as safe as bank deposits yet providing a higher yield. 


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Answer 2

hey mate

here is your answer :-

a mutual fund whose investment are in high - yield money market instrument such as federal securities , cds and commercial paper . it's intent is to make such instrument , normally purchased in large denomination by institutions , available indirectly to individual .


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