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References in periodicals archive ?
Faysal Money Market Fund has been established under the Non-Banking Finance companies (Establishment and Regulation), Rules 2003 (the NBFC Rules) and has been authorised as a unit trust scheme by the Securities and Exchange Commission of Pakistan (SECP) on June 04, 2009.
Money Market Fund is the only one of its kind in Oman offering both retail and institutional investors an excellent alternate to current account.
Banque Misr Money Market Fund became the largest in Egypt with EGP 14.9bn, followed by National Bank of Egypt Mutual Fund 4 with assets of EGP 12.8bn by the end of last June.
in the one-year return-balanced fund category (foreign currency-denominated), the Sun Life Prosperity Money Market Fund, Inc.
The funds qualify as standard money market funds under the ESMA guidelines; however, Fitch typically only applies its Global Money Market Fund Rating Criteria to short-term money market funds under the ESMA definitions.
Treasury Fund and the Cavanal Hill Government Securities Money Market Fund are AAA-mf rated by Standard & Poor's and Aaa by Moody's Investors Services, the two main ratings agencies.
DWS Group has announced the launch of the first money market fund available in the US to apply ESG (Environmental, Social and Governance) criteria1, the company said.
Schneider said he has seen insurers looking to tier operating cash and are increasingly making allocations to investments just outside the money market fund universe--in, for example, ultra-short funds, which are often less concentrated in financial paper and can include assets with maturities beyond the 397-day limit for money market funds.
Institutional investors who prefer money market funds with stable $1 NAVs, and retail investors who want to avoid even the remote chance of redemption fees or gates, "will have no choice but to invest in a government money market fund," ICI stated.
US Treasury and Government Money Market Funds, Western Asset Institutional US Treasury Reserves, Western Asset Premium US Treasury Reserves, Western Asset US Treasury Reserves, Western Asset Institutional US Treasury Obligations Money Market Fund, Western Asset Institutional Government Reserves and Western Asset Government Reserves.
On September 16, 2008, a few days after the run on the US bank Washington Mutual began and the day after the Lehman Brothers bankruptcy was announced, a major United States money market fund, Reserve Primary Fund, which had invested in Lehman debt, was in serious trouble.