홈 > Term: instl money market funds
instl money market funds
Fund invests in high quality financial instruments rated in top 2 grades w/ dollar-weighted average maturities < 90 days. Requires high minimum investments & has lower total expense ratios relative to other MM funds. These funds intend to keep a constant Net Asset Value(NAV).
- 품사: noun
- 분야/도메인: 금융 서비스
- 카테고리: 자금
- Company: Merrill Lynch
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