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Money Market Funds

A money market fund is an open ended mutual fund that invests in short term debt securities. Regulated under the Investment Company Act of 1940, money market funds are important providers of liquidity to financial intermediaries.

A mutual fund is a professionally managed type of collective investment scheme that pools money from many investors and invests typically in investment securities (stocks, bonds, short-term money market instruments, other mutual funds, other securities, and/or commodities such as precious metals).

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