Retail money funds are offered primarily to individuals with moderate-sized accounts.  Their primary use is as temporary holding funds at stock brokerage firms.  Retail money market funds hold roughly 40% of all money market fund assets.  Retail money funds are open to any investor.  Funds can be contacted directly for shareholder information, such as a prospectus and application or investors may use a stockbroker to purchase shares of stockbroker affiliated funds.  Money market mutual funds can follow different investment policies; some money market funds are very distinct and can be highly specialized.

No user commented in " Retail Money Market Funds "

Follow-up comment rss or Leave a Trackback

Leave A Reply

 Username (*required)

 Email Address (*private)

 Website (*optional)