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Mutual funds that are comprised of short term debt securities are known as money market funds. Investor accounts will have money in this type of fund with their brokerage firm. Money market yields
will vary based on the performance of the securities in the account.
Securities in the Account
The Money Market fund will be comprised of short term notes and other early maturing debt. These would include:
- Treasury Bills
- Municipal Notes
- Commercial Paper
- Banker's Acceptances (BA's)
- Fed Funds
- Negotiable CD's
Copyright  2006 American Investment Training, Inc.
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