Money market funds classified as government funds (investing 99.5% of total assets in cash or U.S. government-backed securities) and retail funds (open to natural person investors only) seek to maintain a value of $1.00 per share, but they cannot guarantee this value.

Authors

• Person: Not available Organization: Morgan Stanley
  5 Steps to Creating an Emergency Fund - Morgan Stanley

Sources

• 5 Steps to Creating an Emergency Fund - Morgan Stanley www.morganstanley.com Morgan Stanley via serper

Referenced by nodes (1)

• money market funds concept