Home > Term: Instl U.S. Government Money Market Funds
Instl U.S. Government Money Market Funds
Fund invests principally in financial instruments issued or guaranteed by the U.S. government, its agencies, or instrumentalities with dollar-weighted average maturities of < 90 days. Require high minimum investments, have lower total expense ratios relative to other MM funds. These funds intend to keep a constant Net Asset Value (NAV).
- Part of Speech: noun
- Industry/Domain: Financial services
- Category: Funds
- Company: Merrill Lynch
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- MJ63
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