Government Money Market
Funds : Under the new rules, government money market
funds will be permitted to transact at a stable, or constant, net asset value (CNAV) of $1.
Indeed, the growth of money market
funds has been spectacular.
June 16, 2015 /PRNewswire/ -- Vanguard today announced plans for its money market
mutual fund lineup that will enable individual and institutional investors to continue to have access to cash management vehicles at a stable $1 net asset value (NAV).
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.
5 billion in assets, including $163 billion in money market
assets, as of March 31, 2006.
NYSE: FII), one of the nation's largest investment managers, today announced its preliminary plan to restructure its line of money market
funds to meet the needs of its clients and to comply with regulations announced by the U.
8 billion in United States money market
accounts at brokerage firms.
The fund's investment adviser, Federated Investment Management Company (Federated), was established in 1955 and manages 136 domestic and international equity, fixed-income and money market
mutual funds, as well as separately managed accounts.
Assets of money market
mutual funds for the week ended Wednesday (12/21) were revised to $630.
Our members told us they would like to have a money market
option, and IDC allows us to offer yet another option to our banks for alternative funding.
com/reports/c31793) has announced the addition of E-Learning Course: Money Markets
to their offering.
A trade automation and connectivity solution, the SunGard Transaction Network (STN) links institutions throughout the financial services value chain, facilitating the purchase and sale of many securities types, including US and foreign equities, fixed income, mutual funds, money market
funds, certificates of deposit, and commercial paper.