About Money Market Funds
What is a Money Market Funds ?
A money market fund (MMF) is a kind of mutual fund that provides investors with a safe medium through which they can invest in easily accessible, secure, and highly liquid cash-equivalent debt-based assets with a short-term maturity. By keeping a short time frame, these funds offer high liquidity with a very low level of risk.
Why choose Money Market Funds ?
Because money market funds typically have a short-term maturity, these investments may provide a small return while keeping your risk relatively low.
Investments in money market funds are typically highly liquid. Should you ever need to withdraw your money from these funds, you will be able to do so relatively quickly.
Money market funds may pay higher or lower rates over time, and can offer better returns than bank accounts.