| Money Market |
What is Money Market?
A money-market fund (MMF) is a mutual fund, although a very special type of one. The goal of a money-market fund is to preserve principal while yielding a modest return. These funds try very, very, very hard to maintain a net asset value (NAV) of exactly $1.00. Basically, the companies try to make these feel like a high-yield bank account, although one should never forget that the money-market fund has no insurance against loss.
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