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The Long-Run Performance of German Stock Mutual Funds
The Long-Run Performance of German Stock Mutual Funds

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GENERAL Retirement Plan Enrollment Form *088004*
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Money market fund

A money market fund (also called a money market mutual fund) is an open-ended mutual fund that invests in short-term debt securities such as US Treasury bills and commercial paper. Money market funds are widely (though not necessarily accurately) regarded as being as safe as bank deposits yet providing a higher yield. Regulated in the United States under the Investment Company Act of 1940, money market funds are important providers of liquidity to financial intermediaries.
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