A money market fund is a type of mutual fund that invests only in short term, low-risk securities like CD’s or government securities. These funds are often not insured by the FDIC, though some of the securities that they invest in are insured.
A money market fund is a type of mutual fund that invests only in short term, low-risk securities like CD’s or government securities. These funds are often not insured by the FDIC, though some of the securities that they invest in are insured.