MFIs which issue units that are close substitutes for deposits and which invest mainly in money market instruments and/or other transferable debt instruments with a residual maturity of up to one year, in bank deposits and/or deposits aiming for a yield close to that on money market instruments
Funds which invest in short-term debt instruments - Treasury bills, commercial paper, bankers' acceptances, etc - that are issued and traded in the money market An investor's risk is low to moderate with these funds
A type of mutual fund composed of short-term debt instruments, including commercial paper, negotiable certificates of deposit, Eurodollar certificates of deposit, bankers' acceptances, Treasury bills, and discount notes of the Federal Home Loan Bank and the Federal National Mortgage Association The dealers in these markets, mainly located in New York, London, and Tokyo, are in constant touch with each other and major borrowers and investors, buying and selling these instruments, which can have maturities from a few days to a few weeks
Invest in short-term securities, such as Treasury bills and commercial paper Degree of investment risk: low See also Treasury Bill (T-bill), Commercial Paper
~ A professionally managed, diversified portfolio of short-term securities that seeks to preserve capital while providing income and liquidity There are two major types of money market funds, taxable and tax-free funds
Best described as short-term versions of bonds These relatively low-risk variable funds hold very short-term securities such as U S government securities, certificates of deposit, cash and cash equivalents Investments in Money Market funds are neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency Although they seek to preserve the value of your investment at $1 per share, it is possible to lose money in Money Market funds
Almost all assets in Canadian money market instruments such as treasury bills, certificates of deposit, short-term government bonds and commercial paper