Fund Types

Money Market Fund

Definition

What is Money Market Fund?

A mutual fund that invests mainly in short-term, relatively liquid instruments such as treasury bills and deposits.

Example in practice

A money market fund may hold Treasury bills, commercial paper, and bank placements to generate income.

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A fund that invests primarily in shares and seeks long-term capital growth.

A fund focused on income-producing debt securities such as government and corporate bonds.

A fund that combines growth assets such as shares with income assets such as bonds and cash.

A single, relatively large investment made at one time instead of through repeated contributions.

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