As the pace of withdrawals increased, both the stability of the money market mutual fund industry and the functioning of the commercial paper market were threatened.
By investing in a money market mutual fund, which may often yield just 2% or 3%, the investor may be missing out on an opportunity for a better rate of return.
And when you have a money market mutual fund, it is not FDIC insured, but the companies will do whatever they can to protect the value of their money market mutual fund shares.
This one's from Bill Caesar(ph) in Durham, North Carolina and he's asking, given the current financial crisis, is it still safe to keep savings in a money market mutual fund that is not federally insured?
If you want to be absolutely, 100 percent safe, and you want to not make quite as much as you would make in a money market mutual fund, you would put in, like, in a bank savings account.
One prominent supplier of money market and mutual fund data Pete Crane, of Crane Data, says that both the Securities and Exchange Commission and the broader financial regulatory system are deadlocked on the issue of how, if at all, the industry ought to be reformed.
At the first level, workers' money would be invested in a collective money market fund similar to the ones the mutual funds industry offers today.
In almost every money market fund prospectus, pension fund investment policy statement and bond mutual fund prospectus in the US they usually treat US Treasurys differently from other bonds.
Money-market funds are a specialized kind of mutual fund that is restricted to investing in very short-term securities with little chance of default.
Money market funds, which are a type of mutual fund, have the reputation of being a conservative port where money will earn some interest and remain secure.
ETFs account for more than 13% of all mutual fund assets (excluding money market funds), and assets have more than doubled since 2008, according to Michael Rawson, ETF analyst at Morningstar.
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