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What is Money market mutual funds?

Finance
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Question added by George Caesar- Cert CII®, IFCE® , Marketplace Manager -eCommerce , Saudi Company for Hardware - SACO
Date Posted: 2015/03/09
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BASKAR SUNDARAM
by BASKAR SUNDARAM , Manager – Accounts and Finance , NASSER SAEED AL-HAJRI CORPORATION W.L.L

Money market mutual funds are low risk funds offers highest possible current income consistent with preservation of capital.

 

These include the Treasury bills, commercial paper, bankers acceptances, repurchase agreements and certificates of deposit (CDs)

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