Government Money Mutual Fund(redirected from Government Money Mutual Funds)
Government Money Mutual Fund
A mutual fund investing primarily or exclusively in short-term securities issued by a government agency. Returns on government money mutual funds are low because short-term government securities tend to be low risk. However, they may offer higher returns than, say, savings accounts, and may offer tax advantages.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved