Statements (55)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
Investment fund
|
| gptkbp:alternativeTo |
gptkb:Certificates_of_deposit
Bank savings accounts |
| gptkbp:category |
Open-end fund
Mutual fund |
| gptkbp:currency |
gptkb:Euro
gptkb:British_pound gptkb:U.S._dollar gptkb:Japanese_yen |
| gptkbp:feature |
Low risk
Daily redemption Dividends paid monthly High liquidity May impose liquidity fees May impose redemption gates No load (often) Not FDIC insured Stable net asset value Subject to credit risk Subject to interest rate risk Subject to liquidity risk |
| https://www.w3.org/2000/01/rdf-schema#label |
Money market funds
|
| gptkbp:introducedIn |
1971
Reserve Fund |
| gptkbp:investedIn |
gptkb:Certificates_of_deposit
Treasury bills Commercial paper Repurchase agreements Short-term debt securities |
| gptkbp:minimumInvestment |
Low
|
| gptkbp:NAV |
Typically $1 per share
|
| gptkbp:notableCompany |
gptkb:Charles_Schwab
gptkb:BlackRock gptkb:Vanguard gptkb:J.P._Morgan_Asset_Management Fidelity |
| gptkbp:objective |
Earn interest
Preserve capital Provide liquidity |
| gptkbp:redemptionPeriod |
Same day
|
| gptkbp:regulates |
gptkb:Investment_Company_Act_of_1940
gptkb:U.S._Securities_and_Exchange_Commission |
| gptkbp:riskFactor |
Low
|
| gptkbp:subject |
Rule 2a-7 (SEC)
|
| gptkbp:taxStatus |
Interest income taxable
Municipal fund interest may be tax-exempt |
| gptkbp:type |
Government money market fund
Municipal money market fund Prime money market fund |
| gptkbp:usedBy |
Institutional investors
Individual investors |
| gptkbp:yield |
Variable
|
| gptkbp:市值 |
Trillions of dollars globally
|
| gptkbp:bfsParent |
gptkb:Treasury_Bills
|
| gptkbp:bfsLayer |
6
|