market fund

(redirected from Market Funds)
Also found in: Dictionary.
Related to Market Funds: break the buck, Money market mutual fund, Emerging Market Funds

Market Fund

A mutual fund that is not actively-managed and simply tracks a benchmark index. That is, the investment company managing the mutual fund places the liquidity in securities represented in a certain index. Thus, when that index increases in price, so does the mutual fund, and vice versa. An exchange-traded fund is a prime example of an index fund. Many popular index funds track the S&P 500 and other S&P indices. See also: Closet index fund, SPDR.

market fund

References in periodicals archive ?
With more than 15 years experience, her responsibilities include the management of taxable institutional and retail money market funds with assets totaling more than $40 billion as well as trading fixed-income securities.
Under the amendments to Rule 2a-7, effective October 14, 2016, institutional prime and municipal money market funds are required to price and transact shares of such funds at a floating NAV.
Money market funds typically invest in government bills, very short-term bank certificates and other loans that are highly rated liquid which means the assets can be turned into cash quickly - and offer daily redemption.
com, a Web-based provider of money market funds services.
In the FSA, the taxpayer was a large commercial bank that served as the investment adviser for a family of proprietary mutual funds, including two money market funds that the taxpayer had acquired in a merger with another bank.
Money market funds were the launching pad for the whole mutual fund business,'' said Bruce R.
NEW YORK -- Alpine Municipal Money Market Fund is assigned a money market fund rating of 'AAA/V1+' by Fitch Ratings.
The following Invesco money market funds will operate consistent with the government money market fund classification:
Fidelity Senior Vice President Robert Pozen said the company did not intend for the insurance program to guarantee its money market funds against all losses.
In keeping in line with Fitch's recently revised money market fund rating criteria, funds invested in less than 5% of Tier II equivalent securities may be eligible for an 'AA' rating following a case-by-case assessment of the credit quality of such holdings.
Vanguard has managed money funds for 40 years as an integral part of its product lineup, and currently holds more than $174 billion in both taxable and tax-exempt money market funds.