market fund


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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

See index fund.
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It is among the country's largest money market fund managers based on assets under management according to iMoneyNet as of 3/31/17.
Schwab to liquidate 2 funds
BMO Global Asset Management, a part of BMO Financial Group (TSX:BMO) (NYSE:BMO), has said that it has launched the BMO Institutional Prime Money Market Fund to provide institutional and retail investors with a money market fund that will eventually have a floating net asset value (NAV).
BMO Global Asset Management unveils Institutional Prime Money Market Fund
However,] just like in 2008, when the largest money market fund in the nation 'broke the buck,' due to its holding of Lehman Brothers and some structured investment vehicles [SIVs] associated with distressed mortgages, there's a chance assets in the retail funds can depreciate.
A Change in Course
A "governmental" money market fund invests at least 99.
The New Rules for Money Market Funds
Among institutional funds, taxable government money market fund assets decreased by $13.
MONEY MARKET MUTUAL FUNDS
Federated Investors (UK) LLP provides the only Institutional Money Market Funds Association (IMMFA) money market funds to be domiciled in the UK and authorised by the Financial Conduct Authority (FCA).
United Kingdom : Federated Investors, Inc. Announces Name Change of London-based Subsidiary to Federated Investors (UK) LLP
Money market fund managers are required to submit the Net Asset Value, or NAV, to the SEC every month.
Goldman Sachs Moves To Daily Disclosure Of Money Market Asset Value

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