And she wants more oversight of so - called «shadow» banks — pools of money (
like money market mutual funds, hedge funds and insurance funds) that act like banks.
Money market accounts are insured and offered by banks and credit unions,
while money market mutual funds are not insured and available at investment brokerages.
When the yields on the securities in
which money market mutual funds invest are quite low, the yields that the funds are passing along to their shareholders are also quite low.
Other options to protect your savings against inflation
include money market mutual funds, savings bonds, corporate stocks and bonds, state - sponsored tuition plans, and education IRAs.
A good example is the operation of U.S. money markets — as noted in the recent Financial Stability Oversight Council (FSOC) report, we still have some of the vulnerabilities in the wholesale funding markets that led to the Fed's intervention: triparty repo, and the risk
of money market mutual funds breaking the buck.
MINT is a low - cost, actively - managed fund that seeks higher current income than the average
money market mutual fund by holding a hodgepodge of high - quality and ultra-short term USD - denominated debt issued by domestic or foreign issuers.
There is a cluster of equally safe, equally low - return investments such
as money market mutual funds and Treasury bills, which you can talk with your banker about, but in general they all produce approximately the same level of return.
On September 19, 2008, as a result of the lehman bankruptcy and the Reserve Primary Fund breaking the buck, the U.S. Treasury Department established a temporary guarantee program for the U.S.
money market mutual fund industry.
The expiration date of the Asset - Backed Commercial Paper
Money Market Mutual Fund Liquidity Facility (AMLF), the Commercial Paper Funding Facility (CPFF), the Primary Dealer Credit Facility (PDCF), and the Term Securities Lending Facility (TSLF) is extended through February 1, 2010.
For these US domiciled mutual funds, 34 % of total assets were held in cash
equivalent money market mutual funds, 21 % of assets were held in bond funds, and 45 % of assets were held in stock or equity mutual funds.
The Commercial Paper Funding Facility, Asset - Backed Commercial
Paper Money Market Mutual Fund Liquidity Facility, Primary Dealer Credit Facility, and Term Securities Lending Facility programs expire.
MINT is a low - cost, actively - managed fund that seeks higher current income than the
average money market mutual fund by holding a hodgepodge of high - quality and ultra-short term USD - denominated debt issued by domestic or foreign issuers.
With the stock market suddenly much more volatile and bond prices falling, investors looking for a less risky place to stash their cash may want to
consider money market mutual funds.
Retail prime and retail
municipal money market mutual funds have policies and procedures reasonably designed to limit all beneficial owners to «natural persons» (i.e., individual investors).
Under the facility, the Federal Reserve Bank of New York provides senior secured funding to a series of special purpose vehicles to facilitate the purchase of assets from eligible investors, such as
U.S. money market mutual funds.
M - 2 U.S. money supply consisting of M - 1 plus savings and small time deposits (less than $ 100,000) at depository institutions, overnight repurchase agreements at commercial banks, and
money market mutual fund accounts.
In this case, one
large money market mutual fund «broke the buck,» causing investors to lose an estimated 3 percent of the cash they parked there, and several funds had to delay redemptions.
Money market mutual funds own a well - diversified pool of high quality, short - dated, interest - paying securities, and pass along the income earned on those securities (after fees) to the funds» shareholders.
CDs, money market deposit accounts and savings accounts are all backed by the FDIC —
unlike money market mutual funds, where there is a small risk that you could lose money.
Cash Sweep: Customers have various options for the investment of available cash balances, which can include FDIC - insured bank deposit accounts opened at affiliated and / or unaffiliated banks,
certain money market mutual funds, and / or a cash balance program.