Money market fund

By | 2017-09-13T15:05:53+00:00 13th September 2017|

A money market fund aims to reap interest for shareholders while keeping a net asset value (NAV) of 100% of the invested amount. A money market fund’s portfolio contains short- term securities seen as liquid and high-quality monetary instruments. Money market funds have struggled for popularity in the past 2-3 years when interest rates and short-term bond yields have approached and dipped below 0%.