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Was the Reserve Fund the first money market mutual fund?
The Reserve Fund was the first money market mutual fund
Is a money market fund the same as a mutual fund?
A money market fund is a mutual fund, but behaves a little different than most fund.
What was the first money market mutual fund?
The first money market mutual fund (MMMF) was created in 1971 and called the Reserve Fund
When was the first money market mutual fund?
The first money market mutual fund (MMMF) was created in 1971 and called the Reserve Fund
What year was the first money market mutual fund?
The first money market mutual fund (MMMF) was created in 1971 and called the Reserve Fund
Where might one view money market fund ratings?
You can view money market fund ratings on websites like trade websites. If you do have a trading account you can check for money market fund ratings in your portfolio
What was the Reserve Fund?
The Reserve Fund was the first money market mutual fund
What is meant by a Money Market fund?
Money Market fund is a mutual fund that one invests in short-term debt securities. Monet market funds are almost as safe as bank deposits but they will make more money.
What is the purpose of fidelity money market funds?
The purpose of a Fidelity money market fund is to generate revenue. The funds in a Fidelity money market fund are not guaranteed or insured. It is a type of fund that is very liquid, money is usually available by the next day.
What does your money market fund pay?
.3%
What is the denotation of a money market fund?
A money market fund pay dividends that reflect short-term interest rates. Money market funds have relatively low risks compared to other mutual funds.
How does the risk involved in a money market mutual fund compare with the risk of a certificate of deposit?
The risk of the money market mutual fund is slightly greater than that of the CD
