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What are standard chartered's money market fund all about?

by Guest3824  |  12 years, 8 month(s) ago

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There are a lot of funds in standard chartered bank such as fixed income funds, equity funds, mutual funds. I want to know about Money market funds?

 Tags: chartereds, Fund, market, money, standard

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  1. Guest9918
    A Money Market Fund is one that invests in liquid, short-term avenues which offer fixed returns over short periods. These funds are inherently linked to the general interest rate and are, therefore, unlike the stock market, safe from drastic fluctuation. Underlying investment may include securities issued by corporate bodies, spread transactions, reverse-repo transactions, selective exposure in the CFS market, Term Finance Certificates (TFCs) and commercial paper.

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