An increase in assets under management (AUM) in equity funds and discretionary mandates was offset by a decline in AUMs in fixed income funds and
money market investment strategies, principally due to the maturity of a fixed income portfolio mandate of $99m
The provider firm earns 4,900% more on the investment income when a participant chooses a 70/30 mix over a 100%
money market investment.
The Lyxor ETF Dynamic Short VIX Futures Index tracks the performance of the combination of a hypothetical
money market investment and a dynamic strategy that is designed to provide efficient short exposure to the first two nearby futures contracts on the CBOE Volatility Index VIX.
In 1995, the IRS ruled in Technical Advice Memorandum (TAM) 9544002 that a thrift, for purposes of qualifying as a domestic building and loan association, could not treat as cash its investment in a no-load, open-ended
money market investment fund that was qualified as a regulated investment company under Sec.
Funds realized from divestment of equity exposures are being channeled into low-risk
money market investment schemes.
All of the income generated by a
money market investment CDs will be taxed as ordinary income.
For instance, R1 000 invested in a
money market investment at 5% per annum will be worth R1 050 at the end of one year.
Interest on the funds in CHUMS
Money Market Investment Fund is accrued each day and reinvested at the end of each month.
A recent example is sukuk (Islamic
money market investment bonds) of $2 billion, which were subscribed within a day.
