What Is a Money Market Fund?

A money market fund is a type of mutual fund. It focuses on investing in high liquid cash securities with high credit ratings. It is also known as a money market mutual fund. These funds mainly invest in debt-based securities with a short-term maturity (less than 13 months). Money market funds issue shares and are obligated to follow guidelines made up by the local regulators.

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Adidas Wilson

Adidas Wilson

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Adidas Wilson was born in Chicago, surviving a near death experience driving off a bridge in an 18 wheeler and getting hit by a train. Author and Motivator